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Afriland Properties' shareholders want measures to reduce housing shortage

The most recent news from Nigeria and across the world is available at The News Chronicle. The News Chronicle provides the most recent headlines, commentary, and political news. ....

Emmanuel Nnorom , Uzoamaka Oshogwe , Independence Shareholders Association Of Nigeria , Afriland Properties Plc , Independence Shareholders Association ,

Shareholders decry effect of Cash Reserve Ratio on banks

Shareholders under the aegis of Independence Shareholders Association of Nigeria (ISAN) have expressed displeasure at high Cash Reserve Ratio (CRR) and likely erosion of bank's revenue. ....

South Africa , Anthony Omojola , Godwin Emefiele , Independence Shareholders Association Of Nigeria , Central Bank , Asset Management Company Of Nigeria , Independence Shareholders Association , Cash Reserve Ratio , Sunny Nwosu , Asset Management Company , Sunny Nwosu ,

Investors count losses as restrictions, taxes slow breweries


• Gloomy 2021 outlook
• Jobs could be lost, experts warn
The brewery industry in Nigeria is reeling under pangs of poor consumer spending, induced by the devastating COVID-19 pandemic and recession. The situation has left investors counting and lamenting their losses.
The recession has caused the bottom line of the industry’s listed equities to remain subdued with gloomy 2021 outlook.
The Vice Chairman of High Cap Securities Limited, Imafidon Adonri, described the brewery industry as a creator of enormous wealth and probably the largest employer of production labour, following the collapse of the textile industry.
He, however, lamented that though the industry had been entrenched and contributing significantly to the nation’s GDP, its 2021 prospect is not bright, considering the second wave of COVID-19. ....

Imafidon Adonri , Baker Magunda , Amaechi Egbo , Moses Igbrude , Guinness Nigeria Plc , Highcap Securities , Independence Shareholders Association Of Nigeria , Diageo Plc , Nigerian Breweries , Champion Breweries Plc , International Breweries Plc , International Breweries , Guinness Nigeria , Vice Chairman , Highcap Securities Limited , Northern Nigeria , Friday January , Publicity Secretary , Independence Shareholders Association , Malta Guinness , கின்னஸ் நைஜீரியா ப்ல் , சுதந்திரம் பங்குதாரர்கள் சங்கம் ஆஃப் நைஜீரியா , தியகிேோ ப்ல் , நைஜீரியன் மதுபானம் , சாம்பியன் மதுபானம் ப்ல் , சர்வதேச மதுபானம் ப்ல் ,