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[BRANDS] OOPS, RODENTS IN WHAREHOUSE; NAFDAC FINES GUINNESS NIGERIA.

The National Agency for Food and Drug Administration and Control (NAFDAC) has fined Guinness Nigeria a whopping sum of N1 billion. NAFDAC issued the fine, citing unauthorized revalidation of expired products by Guinness as well as rodents exposed to the raw materials used to make their beer. An excerpt of the letter written to Guinness… Continue reading [BRANDS] OOPS, RODENTS IN WHAREHOUSE; NAFDAC FINES GUINNESS NIGERIA.

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[BRANDWEEK REPORT] PAINTCOM, MAY AND BAKER ARE TOPGAINERS. VIEW BALANCE SHEET:

PAINTCOM® Nigeria declares N58.46Million PAT (Profit after tax) for third quarter 2015 (Q3,15): SP (N1.14K) Pharmaceuticals giant MAY AND BAKER® was also a price gainer this week as they declared N41.23Million PAT in the third quarter of 2015 Q3;15. SP (N1.26k) FTNCOCOA® lost N39.07Million in the stocks market Q2;15 closing at (SP: 0.50k) per share.… Continue reading [BRANDWEEK REPORT] PAINTCOM, MAY AND BAKER ARE TOPGAINERS. VIEW BALANCE SHEET: