LAGOS MARCH 16TH (NEWSRNAGERS)-The Nigerian Breweries (NB) Plc has announced an upward review in the prices of some products in its stock-keeping units (SKUs) to mitigate rising operational and input costs. In a notice to distributors, the company said the adjustments were driven by prevailing economic conditions that have significantly increased the cost of…
LAGOS JUNE 4TH (NEWSRANGERS)-The Federal Government has agreed to pay more than the N60,000 it initially proposed as new minimum wage. The decision was taken at a meeting the government had with labour leaders on Monday night in Abuja to address the dispute over the national minimum wage in response to the nationwide strike declared…
LAGOS FEBRUARY 14TH (NEWSRANGERS)-Nigerian Breweries Plc has issued a new price review notification to all its customers in the West Zone. According to a letter dated Monday, February 12, 2024, the price review, effective Monday, February 19, 2024, is deemed necessary to offset the impact of increased production expenses. “This is to inform you that…
LAGOS SEPTEMBER 6TH (NEWSRANGERS)-The Nigerian Electricity Regulatory Commission (NERC) has approved an increase in the prices of prepaid electricity meters. NERC made the announcement on Tuesday in a circular marked NERC/2023/020, and jointly signed by Sanusi Garba, the commission’s chairman and Dafe Akpeneye, its commissioner, legal, licencing, and compliance. The commission said a single-phase meter…
LAGOS AUGUST 2ND (NEWSRANGERS)-Nigerian Breweries (NB PLC) has announced a price increase on all their products effective August 10, 2023. In a letter seen by Nairametrics and dated 1st August 2023, the company established the need to review prices due to the soaring rise in input costs and the necessity to cushion its impact. It…