Financials & Economy
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Lakeland Dairies records 20% growth in 2021 revenue, CEO Michael Hanley to retire this year
IRELAND – Lakeland Dairies, the second-largest dairy processing co-operative on the island of Ireland, has reported a 20% increase in revenues to a record level…
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International breweries appoints Eduardo Caceres as board Executive Director
NIGERIA – Nigerian subsidiary of AB InBev, International Breweries Plc, has announced the appointment of Mr. Eduardo Caceres as an Executive Director on the Board…
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Kellogg prompted to hike prices as worsening inflation push production costs higher
USA— American multinational food manufacturing company Kellogg has been forced to hike prices for its products to help counter the impact of soaring production and…
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Cadbury Nigeria commences year on high, reports over 500% growth in first quarter profit
NIGERIA – Cadbury Nigeria Plc, a subsidiary of Mondelēz International, has reported profit of N1.54 billion (US$3.7m) for the first quarter of the year ended…
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Yili group full-year profits rise to US$16.7B boosted by the focus on innovation
CHINA – Yili Group, one of the leading Chinese dairy companies, has reported a strong 2021 financial year boosted by continued product and technological innovation.…