Nigerians woke up to news yesterday that Diaego, the parent company of Guinesss Nigeria, has sold 58% of its shareholding to a company known as the Tolaram Group for the sum of 103 billion naira ($70 million).
Tolaram already owns several popular Nigerian consumer products, including Indomie, Lush Hair extensions, Minimee, Dano Milk, Lekki Port, Hypo, Kelloggs, Colgate Mimie noodles, and Power Oil.
The announcement comes at a challenging time for Guinness Nigeria. The company recently reported a loss after tax of N61.7 billion for the nine months ending March 31, 2024, a stark contrast to the N5.9 billion profit in the same period the previous year.
Despite a 28% year-on-year revenue growth to N220.3 billion, significant foreign exchange losses totaling N83 billion and a pre-tax loss of N60.5 billion have severely impacted the company’s financial health.
1. Carrots are good for the eyes.
2. Ginger is good for the lungs.
3. Avocado is good for the heart.
4. Water is good for the kidneys.
5. Cabbage is good for the liver.
6. Cucumber is good for the skin.
7. Oranges are good for the colon.
8. Eggs are good for the brain.
Never read anything so refreshing on social media in recent times, it's like TwitterNG is now one huge asylum of mentally deranged people with very few doctors doing everything to help
If you get husband & he's responsible enough to pay all major bills... Plus e come get sense join. My sister be grateful.
This single parenting life is not beans.
5yrs & 6 months since I lost hubby & the bills don't get easier to pick. The shoe tight, e come heavy. Alhamdulilah!
Took us about three weeks to wrap this one up.
We had to replace the doors, side mirror, front grill, tires, windshield and headlight.
It was never easy but at the end, we got the job done.
#abujatwittercommunity
It was another saturday, ANC day or you can call it "Duduke Day" when this lady in her mid 40's entered...
She came to register for Ante-Natal and from her voice you could see that she was tensed and afraid
I cut her short and asked "Do you know our anthem here?"
#OdogwuTales
During harmattan, many people tend to have nose bleeds because the air is dry and this affects the lining of the nose
Here's what you to do if it affects you:
Take a cotton bud, apply a thin layer of vaseline on the inside of your nose, don't go too deep.
Or buy a nasal spray
A little reminder...if you’ve clocked 40 years, cut down on salt, sugar & processed foods, increase intake of fruits & vegetables, exercise moderately, regularly check your blood pressure as well as levels of glucose & cholesterol. Then, reduce worrying and leave the rest to God.
You can't keep increasing the prices of commodities if you're not improving the capacity of people to purchase them.
Prices are increasing in Nigeria faster than Nigerians can afford them.
Here I describe a brief overview of how the Pfizer/BioNTech or Moderna mRNA vaccines work. Taking a vaccine is one’s personal choice, and I hope this video can help someone make that decision rooted in science.