Daily Archives: March 21, 2016

FG commissions cow milk processing plant in Yola

The Federal government, in partnership with a Fulani community and Modibbo Adama University of Technology (MAUTECH) have opened a milk collection and processing facility in Yola State.

The idea was aimed at reducing the dependence on foreign milk products, which experts said cost the country N75bn per year.

GSK Consumer Nigeria gets dragged down by tough macro-economic environment, as profits decline 48.3% in Full Year

GlaxoSmithKline Consumer Nigeria Plc (GSK), makers of beverage brands – Ribena, Lucozade; and Wellness and Oral healthcare products has released its full year 2015 financials, showing a 48.3% net profit decline to N954m, from N1.84bn in the previous year.