Curator

http://ift.tt/2q9xl1u Chairman of the company, Jacobs Moyo Ajekigbe, said that though 2016 was a challenging year due to the prevailing economic climate, which impacted on the cost of production, raw and packaging materials sourcing….. Despite the challenges encountered in the 2016 financial year amidst the modest growth recorded in turnover, FrieslandCampina WAMCO Nigeria Plc has concluded plans to intensify its local raw milk sourcing in a bid to manage its volumes and margins judiciously to ensure a long term sustainable position. Chairman of the company, Jacobs Moyo Ajekigbe, said that though 2016 was a challenging year due to the prevailing economic climate, which impacted on the cost of production, raw and packaging materials sourcing; the Company recorded remarkable achievements in operational efficiencies, cost management and improved productivity across the supply chain systems with new investments in human capital development and facility improvements. Speaking on the c...

http://ift.tt/2pgImwM Glo Nigeria Globacom has posted the highest data penetration among other operators in the telecommunications industry.This was gathered from the report by the Nigerian Communications Commission (NCC) covering the first quarter (Q1) of 2017. According to the report, Globacom recorded over 27.021 million Internet users on its network. This translates to 72 per cent of the total number of subscribers on its network which stood at 37.33 million at the end of the quarter. The data penetration rate of 72 per cent figure is more than the industry average of 59 per cent. The total number of Internet users in the industry stood at over 90.003 million as at the end of Q1 compared to about 152.22 million subscribers in the industry. Etisalat was second with a data penetration of 68 per cent, as it had about 13.01 million data users out of a total subscriber base of over 19,621 million. Airtel came third with 56 per cent Internet penetration. Data users on its ne...