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Vanguard News FCCPC casts shadows on Shoprite exit from Nigeria On By Princewill Ekwujuru The Federal Competition and Consumer Protection Council (FCCPC) said it is not aware that retail conglomerate, Shoprite, is exiting Nigeria, but that there is a pending application for merger/acquisition involving it. The Executive Vice President/Chief Executive Officer, FCCPC, Dr Babatunde Irukera, in a telephone conversation with Vanguard said: “We do not know whether Shoprite is exiting Nigeria or not, but we have a pending application for merger /acquisition by a buyer. “The media can report anything, what I know is that there is a pending merger/acquisition application in my office. Merger/acquisition applications do not suggest whether a company is leaving or not. What I know is that we have an application for merger/acquisition here.”. ....
AfCFTA: FG to establish remedies authority to tackle fraudulent invoicing - vanguardngr.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from vanguardngr.com Daily Mail and Mail on Sunday newspapers.
IWD 2021: Empowering women is existential for Nigeria, Africa — Osinbajo, Tallen,Iluyomade vanguardngr.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from vanguardngr.com Daily Mail and Mail on Sunday newspapers.
Translate P&G initiates plan to help Black Americans find their African roots On By Princewill Ekwujuru Global multi-brand conglomerate Procter & Gamble’s (P&G) Royal Oils by Head & Shoulders and Gold Series from Pantene are celebrating Black History Month (BHM) to help Black Americans reconnect with their African roots, donating 50 DNA test kits. The Initiative Crowns of Heritage which was developed by Burrell Communications and Marina Maher Communications seeks to encourage people to reflect on their family history through a partnership with AfricanAncestry.com, which owns the largest database of proprietary African lineages. As part of the program, P&G is giving away 50 DNA test kits through the end of the month. Participants take a cheek swab and send it back to AfricanAncestry.com where they extract the DNA and compare it against their maternal lineage and determine test-takers present-day country and ethnic group (tribe) of ori ....
Vanguard News US companies invest $3.8bn in Nigeria in 5yrs On ECONOMY Companies of United States of America (USA) origin operating in Nigeria invested a total of $3.75billion to expand their operations in the country in the last five years and plans to invest another $2.75 billion in the next three years, a survey by American Business Council (ABC) has shown. The survey also shows that US companies operating in Nigeria generated $1trillion in 2019. The survey tagged: “2020 US Economic Impact Survey on Nigeria Economy” was conducted on American companies with over 45 years presence in Nigeria. Speaking at the virtual launch, Partner PwC, Chijioke Uwaegbute, said the US companies in Nigeria created about 30,000 indirect jobs as a result of the investments. ....