#Tolaram group

[toogalaxyflower]

Guinness announces plan to leave Nigeria after 75 years as Tinubu’s inflation wreaks economic havoc

After operating in Nigeria since 1950 and enduring a torrid economic climate on the back of President Bola Tinubu’s administration, Guinness has announced it will exit the Nigerian market and sell off its controlling shares to Singaporean conglomerate Tolaram Group on Tuesday. The brewery brand recorded a staggering N61.9 billion loss after tax between July 2023 and March 2024, just a few months…

[ghanashowbizonline]

News - Diageo, owners of Guinness, sell majority shareholding in Nigeria to Tolaram

Hub Ghana – bringing you all trending daily news as it happens. Get daily comprehensive summary of the recent news, sports news & top stories that have rocked the online scene. Check out the news below. Tolaram Group has signed an agreement to acquire Diageo’s 58.02% shareholding in Guinness Nigeria PLC, several decades after the latter began operations in the Nigerian market. The landmark deal…

[toriexpress]

Guinness announces plan to leave Nigeria after 75 years

Guinness, after operating in Nigeria since 1950 and enduring harsh economic climate on the back of President Bola Tinubu’s administration, Guinness has announced it will leave the Nigerian market and sell off its controlling shares to Singaporean conglomerate Tolaram Group on Tuesday. The long-term investor has joined a long list of multinationals, like GlaxoSmithKline and Microsoft, that have…

[tracknews1]

Guinness to leave Nigeria over difficult environment after 75 years

Guinness, on Tuesday, announced it will exit the Nigerian market and sell off its controlling shares to Singaporean conglomerate Tolaram Group. This is coming after the company had operated in Nigeria for 75 years, since 1950 Guinness recorded N61.9 billion loss after tax between July 2023 and March 2024, just a few months after Mr Tinubu floated the naira in an effort to unify the currency’s…

[premimtimes]

Kellogg's fulfills scholarship promise to children

Kellogg’s fulfills scholarship promise to children

Kellogg’s, the world’s no. 1 cereal company, has once again fulfilled the promise of awarding scholarships to children who participated and have emerged as winners in the second edition of its flagship scholarship scheme “Kellogg’s Superstars Scholarship contest” held in Lagos. The winners were hosted at a moderate ceremony in Ikeja, G.R.A Lagos, along with their guardians, who were present to…

[deepfinds-blog]

How To Turn A Family Shop Into A $1.8 Billion Multinational Company

How To Turn A Family Shop Into A $1.8 Billion Multinational Company

Tolaram Group, a Singapore-headquartered company with an estimated value of $1.8 billion

Mohan Vaswani’s father, who started selling textiles in 1948 from a shop the size of a shipping container in a small town in Indonesia, once told him “One day you will operate across the world.”

Eighty-year-old Vaswani now oversees Tolaram Group, a Singapore-headquartered company with an estimated value of…

[kabartangsel]

Investree Akuisisi 18,4 Persen Saham PT Bank Amar Indonesia Tbk

Investree Akuisisi 18,4 Persen Saham PT Bank Amar Indonesia Tbk

Kabartangsel.com – Perusahaan induk platform pinjaman tekfin Asia Tenggara untuk usaha mikro, kecil, dan menengah (UMKM), Investree Singapore Pte. Ltd., bersama Tolaram Group Inc. resmi menandatangani perjanjian transaksi terkait dengan rencana akuisisi Investree Group atas saham minoritas yang signifikan sebesar 18,4% di PT Bank Amar Indonesia Tbk. Investree Group sangat antusias dengan besarnya…

[popedenique]

HACCP Training

In Nigeria, businesses in the food and beverage industry have been at the forefront of adopting HACCP principles. These companies include Olam Nigeria which has implemented a global system to ensure quality and safety of its products. Other Nigerian companies that have implemented HACCP are Dangote Group, PepsiCo Foods Nigeria, Tolaram Group and Dufil Prima Foods.

Training is the initial step towards implementing a global food safety management system such as HACCP. Food businesses should ensure that their workforce receive adequate training on how to implement HACCP principles https://iasiso-africa.com/haccp-training-in-nigeria/

[jiokcareers]

Area Sales Manager At Multipro Consumer Products Limited - 5 Openings

Area Sales Manager At Multipro Consumer Products Limited – 5 Openings

Job title: Area Sales Manager At Multipro Consumer Products Limited – 5 Openings Company: Job description: Multipro Consumer Products Limited is the biggest organization in Nigeria managing in Sales, Haulage and Logistics. MCPL was established in 1996 as a completely claimed organization of the Tolaram Group. In 2015 Kellogg’s Company put resources into MCPL claiming a half stake. The first item…

[denrele]

On a Scale of 1 to 10, how Excited are you about Life right now, DENRELE? 100000000!!!!! Just signed an AMAZING, EXCLUSIVE and SUPERSONIC ENDORSEMENT 2 YEAR DEAL with @lushhairnigeria as their Official Ambassador, SpokesModel and HAIR-WAYS Flier! ShoutOut to the E.D, Head of Operations, Special Projects Officers and the entire team at the @lushhairnigeria office; The Receptiveness was Mind Blowing! Much Luv to our Priyanka @ritambhara_kakkar for bringing me onboard! My Indian Family gat me! 🤣 LUSH HAIR NIGERIA is a subsidiary of TOLARAM Group of Companies; as well as Dufil Prima Foods, makers of Dano Milk, IndoMie Noodles, Power Oil, Hypo Bleach, Power Pasta, MiniMe Chinchin and now, Digital Banking. Plus investments in the Lekki Deep Sea Port and Lagos Free Trade Zone infrastructural projects! SO DAMN EXCITED AND I CAN’T WAIT FOR Y’ALL TO SEE THE ART WE ARE GONNA CREATE! (at Lush Hair) https://www.instagram.com/p/CNKtpQpHKLL/?igshid=1xgcxgqzfvpu0

[olubunmilajidepropertiesltd]

𝗣𝗔𝗖𝗜𝗙𝗜𝗖 𝗩𝗜𝗘𝗪 𝗘𝗦𝗧𝗔𝗧𝗘 Commercial operations at the Lekki Deep Seaport in Lekki Free Trade Zone begins in first quarter of 2023, says Tolaram Group. Just two years time, and Ibeju Lekki's most affordable estate 𝗣𝗔𝗖𝗜𝗙𝗜𝗖 𝗩𝗜𝗘𝗪 𝗘𝗦𝗧𝗔𝗧𝗘 is currently selling for N750k per Plot. It's close to nature, serene environment, and a peaceful habitation for everyone. Your investment is safe and secured here, with about 170,000 direct and indirect job opportunities at the Port on completion, expect a quantum returns on investment. LOCATION: Isiki, Ode Omi, Ibeju Lekki, Lagos. TITLE: Free hold, Survey and Deed of Assignment TOPOGRAPHY: 100% Dry Land NEIGHBOURHOOD: Dangote Refinery Lekki free trade zone Lekki deep sea port La'Campaign Tropicana Resort And many more What a great opportunity to grab your piece of Ibeju-Lekki now! Instant allocation after payment. Call now for site inspection and your Allocation... 𝟬𝟴𝟬𝟱𝟱𝟵𝟭𝟮𝟬𝟴𝟳 𝗢𝗟𝗨𝗕𝗨����𝗠𝗜 𝗟𝗔𝗝𝗜𝗗𝗘 𝗣𝗥𝗢𝗣𝗘𝗥𝗧𝗜𝗘𝗦 𝗟𝗧𝗗. #Realtor #RealEstate #land #Housing #landedpropertiesinlagos #Properties #investment #IbejuLekki #Lagosproperty #Lekki #Lagos #securedinvestment #silverpacifichomes #OlubunmiLajide #OlubunmiLajideProperties (at Ibeju, Lagos, Nigeria) https://www.instagram.com/p/CMpPCN6nUlB/?igshid=pilyo8ckgtm

[essencepoints]

Lush Hair Opens Free Hair Styling Academy

Lush Hair Opens Free Hair Styling Academy

From the staple of Tolaram Group, Lush Hair, the proudly Nigerian premium hair extension brand has officially launched a hair styling academy at zero cost to both existing stylists and aspiring Nigerian youth who have picked up interest in professional hair making and styling.  LUSH HAIR ACADEMY in collaboration with the Lagos Ministry of Women Affairs and Poverty Development will be taking the…

[gizmologi]

Agar Produktif, Amar Bank Pertahankan Budaya Kerja Ala Startup

Amar Bank Pertahankan Budaya Kerja Ala Startup

Amar Bank mengklaim sebagai bank pertama dan satu-satunya yang berfokus pada pengembangan produk-produk bank digital di Indonesia. Bank yang awalnya berdiri tahun 1991 di Surabaya dengan nama Amin Bank, kemudian berubah menjadi Amar Bank sejak diakuisisi Tolaram Group pada tahun 2014 ini, ini telah mengalami transformasi digital yang signifikan.

Salah satu produk andalannya adalah platform…

[jiokcareers]

Van Sales Representative Job at Multipro Consumer Product Limited

Van Sales Representative Job at Multipro Consumer Product Limited

Job title: Van Sales Representative Job at Multipro Consumer Product Limited Company: Multipro Consumer Product Limited Job description: Multipro Consumer Product Limited is a member company of Tolaram Group. Our Company is a multinational organization that has been in existence since 1948 and has her Headquarters in Singapore. We are currently trading in over 75 countries, across three (3)…

[mercyfulgrace]

CEO's of Indomine, Olam, Tolarama, Medreich packing raw food items for two weeks. #In14Ways #Covid19 #MercyfulGrace

CEO’s of Indomine, Olam, Tolarama, Medreich packing raw food items for two weeks. #In14Ways #Covid19 #MercyfulGrace

Written by Aremuorin

God keep us safe from plagues, perils or storms ..’ ✍🏿🙏🏿

Materialism and it’s sorts are fading faster than time. People are dying in a breath of breathlessness.

But, when mercy meets grace, what an effort, to applaud in Lagos, Nigeria.

INDIAN CEO’s (Md of Medreich, group MD of Stallion, Tolarams MD ie…

[abujaihs-blog]

Lekki seaport: Analysts proffer measures to avert repeat of Apapa scenario

As Nigerian businesses anticipate the completion and take-off of the much-awaited $1.5 billion Lekki Deep Seaport, the consensus opinion among experts is that the promoters of the port project must do everything possible to avert a repeat of the Apapa conundrum. Apapa, which plays host to Nigeria’s two busiest ports – Apapa and Tin-Can Island – that together control 75 percent of import and export activities, has for too long been bedevilled by persistent gridlock occasioned by unwholesome activities of truckers. This situation, apart from its effect on daily movement of motorists, residents and commuters in and out of Apapa, has crippled businesses in the port city, crashed property value in this prime location, and left over 40 percent of the buildings in Apapa GRA currently empty. It is this situation that the analysts say the Lekki Deep Seaport axis may eventually face unless the promoters of the port project push for the expansion of the Lekki-Epe Expressway, Epe-Shagamu Road as well as the development of functional rail line to ensure smooth movement of cargoes in and out of the port. Iheanacho Ebubeogu, general manager, security, Nigerian Ports Authority (NPA), said Nigeria needs a deep seaport as soon as possible to allow for berthing of bigger ships and achieve economy of scale. He added, however, that there was need to expand the roads leading to the Lekki Deep Seaport to eight lanes to avert the reoccurrence of the Apapa problem.

“To avert the reoccurrence of what is happening in Apapa today, government in building the new port, should ensure that between the port entrance and about 4 kilometres away, there should be only warehouses for storing cargoes and roads for movement of cargo by trucks,” said Kunle Folarin, chairman, Port Consultative Council (PCC), at a recent quarterly business roundtable organised by MMS Plus Newspapers. Lekki Port, which is a multi-purpose seaport located at the heart of the Lagos Free Trade Zone, is expected to be one of the most modern ports in West Africa at completion. The NPA awarded 45 years concession to Lekki Port LFTZ Enterprise on a Build, Own, Operate and Transfer (BOOT) basis. The experts say the promoters of the project also need to push for the establishment of truck and trailer transit parks within Epe axis to serve as truck holding-bays where electronic call-up system will be used to streamline the number of trucks coming to the port to pick laden containers or drop empties. In addition, they say the Federal Government needs to limit the number of oil tank farms licensed to be situated within the Epe axis while the existing tank farms and refineries should use railway or pipelines as alternative means of evacuating products. When these are done, they believe Nigeria’s first deep seaport will become a destination hub for trans-shipment and local cargoes without recording incidents of traffic congestion that currently obstructs free movement of cargo out of the nation’s major seaports. Ebubeogu advised promoters of port projects in Nigeria to learn not to depend on port plan but port master plan. “Port plan covers the jurisdiction of the port while port master plan covers the port itself and its maritime industrial environment. For instance, if the NPA has had the vision of port master plan at the time Apapa port was built, the whole of Creek Road and Wharf Road would have been secured and owned by the NPA,” Ebubeogu said. “If the NPA had Creek Road, there is no way the authority would have allowed two tank farms to be located on Creek Road. We must have port areas where the port managers collaborate with the city administrators to regulate traffic,” he added.

  Citing the America example, Ebubeogu said the World Trade Centre and its environs belong to the Port of New York and it enabled the US port authority to regulate the tenancy such that the traffic flow from the city is not in conflict with that of the port. Folarin said there is no port corridor in Nigeria because there are several residential houses located 10 metres from the port. He suggested that new ports like Lekki should have ring road exclusively reserved for port operations. “If we keep using single mode of transportation without rail and waterways, the roads will fail due to the pressure on them. For example, when Apapa-Oshodi Expressway was constructed, it was conceived that the road was meant to serve the Tin-Can Island Port, but today the road has become a municipal traffic area used by residents,” he said. According to Folarin, a recent study carried out shows that about 1 million vehicles transit from Oshodi through Apapa to Lagos at peak period, showing that new ports like Lekki should plan for future growth. “If we fail to do the right thing today, in the future, if Nigeria prospers and the volume of cargo increases, it will become difficult to manager prosperity than poverty,” he added. Speaking further, Ebubeogu said traffic has been difficult to manage in ports in Lagos because all Nigerian ports have extensive port mileage except Warri port. Port mileage is the distance between the port entrance and the highway.

Ebubeogu said Warri port is the only port a trailer can come out from and drive into the expressway while others create port mileage, adding that Lekki needs to avoid city traffic interfering in cargo transportation. “When Tin-Can was built, the highway started from Tin-Can gate, but today, if a trailer leaves Tin-Can Port, the driver will keep accelerating and breaking until the vehicle gets to Mile 2,” he said. “Leaving Apapa Port from Wharf Road, it is only when the trailer gets to Stadium that the driver will start having constant acceleration. But from the port, the driver can change gear more than 50 times before getting to this point,” he added. Upon completion, Lekki Port will have a total of three container berths, one dry bulk berth and three liquid berths. It is expected to have 16.5 metres draught for berthing of larger vessels and accommodate 2.7 million Twenty-foot Equivalent Units (TEUs) of container capacity per annum. In terms of ownership, International Consortium led by Lekki Port Investment Holding Inc. (Tolaram Group) holds 75 percent of the equity share, Lagos State Government 20 percent, and the NPA hold 5 percent. Source: By AMAKA ANAGOR-EWUZIE Read the full article