Brand Spur Issue 4 - 4th Edition | Page 18

News – Headlines Floating Of Naira Punishes PZ Plc With A N4.7B Exchange Loss Max International opens Nigerian operations It’s recently released first quarter results showed a huge foreign exchange losses swallowed all of its operating profit, resulting in a loss after tax. The soap-maker has battled with a scarcity of foreign-exchange, soaring inflation and weaker consumer demand. Read more...… American-based company, Max International, an industry leader in the production of wellness and weight-loss supplements and products, officially launched its operations in Nigeria with two its products, namely: Cellgevity and MAX ATP. Read more...… BRANDSPURNG.COM ABC Transport Rakes In More Losses, Losses Shoot Up By 6,363% ABC Transport, one of Nigeria’s oldest and largest transport and logistics providers has reported a net loss of NGN617 million for the first nine months of the year. Read more...…