By Adedapo Adesanya Food Concepts Plc, the parent company of fast-food chain subsidiaries, including Chicken Republic, Piexpress, and The ChopBox, has lauded the Lagos State government ban on the use of styrofoam in the state, saying its establishments have begun transitioning from single-use plastics. The Babajide Sanwo-Olu government on Sunday announced the ban on the… Continue reading Chicken Republic, Others Stop Use of Styrofoam After Lagos Ban
Tag: Chicken Republic
Food Concepts, Two Others Rescue OTC Exchange From Bears
By Adedapo Adesanya The NASD Over-the-Counter (OTC) Securities Exchange closed in the green territory after it chalked up by 0.37 per cent on Friday, September 22, as three securities finished on the price gainers’ chart and one stock closed in the price losers’ table. This raised the market capitalisation of the OTC Exchange by N4.24… Continue reading Food Concepts, Two Others Rescue OTC Exchange From Bears
Food Concepts, Others Raise NASD OTC Bourse by 0.32%
By Adedapo Adesanya Food Concepts Plc, Acorn Petroleum Plc, and Industrial and General Insurance (IGI) Plc were in the green territory on Thursday, lifting the NASD Over-the-Counter (OTC) Securities Exchange by 0.32 per cent at the close of transactions. Data obtained from the NASD OTC bourse showed that Food Concepts Plc appreciated by 12 Kobo… Continue reading Food Concepts, Others Raise NASD OTC Bourse by 0.32%
Lagos Leads in Volume of Online Food Orders—Jumia Food Index
By Adedapo Adesanya Retail giant, Jumia, has published its first Nigeria Food Index, showing the impact of the coronavirus (COVID-19) pandemic on food trends in Nigeria with an increase recorded in online delivery. The report, released today, showed that the online food delivery is changing habits in unexpected ways for businesses and consumers due to… Continue reading Lagos Leads in Volume of Online Food Orders—Jumia Food Index
Owners of Chicken Republic Declare N3.3bn Net Profit
By Adedapo Adesanya Food Concepts Plc, owners of the popular Chicken Republic, has declared a 135.7 per cent growth in its profit after tax (PAT) for the financial year ended December 31, 2019. The company revealed this in its financial statements and a look at the books showed that the net profit increased to N3.3… Continue reading Owners of Chicken Republic Declare N3.3bn Net Profit
Food Concepts, Nipco Sink Unlisted Securities Market by 0.25%
By Adedapo Adesanya The bears feasted on the NASD Over-the-Counter (OTC) Securities Exchange on Tuesday on the invitation of Food Concepts Plc and Nipco Plc. At the close of business yesterday, the bears chased out the bulls from the exchange and left the unlisted securities market bleeding by 0.25 per cent. As a result, the… Continue reading Food Concepts, Nipco Sink Unlisted Securities Market by 0.25%
Chicken Republic’s Parent Firm Seeks N3.6bn for Expansion
By Dipo Olowookere Food Concepts Plc, the parent company of one of the top Quick Service Restaurant (QSR) in Nigeria, Chicken Republic, is planning to raise a fresh capital to assist it boost its operations in the country. Food Concepts is a firm listed on the NASD OTC Exchange and the company, which commenced operations… Continue reading Chicken Republic’s Parent Firm Seeks N3.6bn for Expansion
Owners of Chicken Republic Brand to Raise N3.6bn for Expansion
By Dipo Olowookere The sum of N3.6 billion is to be raised by owners of the popular Chicken Republic brand, Food Concepts Plc, the company has confirmed. The amount, to be raised through rights issue, would be used to carry out store expansion, supply chain and distribution improvements as well as launching new brands to… Continue reading Owners of Chicken Republic Brand to Raise N3.6bn for Expansion