Daily Archives: July 7, 2016

Pepsico reports 1% profit rise in Q2 2016 amid currency headwinds

July 07, 2016   Editor   No comments

PepsiCo, the soft drink giant behind such brands as Pepsi, 7-Up, Mountain Dew, among others said on Thursday that revenue for the second quarter of 2016 declined 3.3% to $15.4bn, from $15.92 billion, weighed down by a stronger dollar, the de-consolidation of its Venezuelan operations and currency-driven headwinds in Latin America (32%), Europe and Sub-Saharan Africa (4%). PepsiCo said that its Asia, Middle East and North America (AMENA) division saw a 3% rise in revenue.

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Entries for the 8th Edition of Nigerian Breweries Golden Pen Awards Open

July 07, 2016   Editor   2 Comments

Entries for the 8th Edition of the Nigerian Breweries Golden Pen Awards has begun with the promise to celebrate and reward the winners.

While briefing the media, Corporate Adviser, Nigerian Breweries Plc, Kufre Ekenem, said it will reward journalists in three categories – the Nigerian Breweries Golden Pen Reporter of the Year, Nigerian Breweries Golden Pen Photo Journalist of the Year and the Nigerian Breweries Golden Pen Report of the Year.

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