Nigeria and US sign 5-year deal to enhance food security

NIGERIA – Nigeria and the United States of America and have signed a declaration of partnership to launch a five-year plan to improve food security, build greater resilience, and improve household nutrition in the country. […]

Nigeria’s agriculture exports decline 11.5% to US$239.32m in three months

NIGERIA – Nigeria’s agricultural goods exports in the first quarter of 2019 dropped by 11.5% from US$270.45 million (N97.3bn) recorded in the fourth quarter of 2018 to 239.32 million (N86.1bn). According to data from the […]

Nigerian Breweries launches new Legend Extra Stout size to expand market

NIGERIA – The Nigerian Breweries (NB) Plc has introduced a new 45cl bottle of its leading stout brand, Legend Extra Stout, as it seeks to expand its market penetration. According to the Portfolio Manager, National […]

Flour Mills of Nigeria full year revenues decline 3.37% to US$1.45bn

NIGERIA – Flour Mills of Nigeria Plc, one Nigeria’s leading integrated food and agro-allied company, reported a 3.37% decline in revenue to US$1.45 billion (N524.41bn) for the year ended March 31, 2019 from  US$1.51 billion in […]

Nigeria’s regulator clears NBC’s Eva bottled water safe for drinking

NIGERIA – The National Agency for Food and Drug Administration and Control (NAFDAC) has cleared Nigerian Bottling Company’s Eva bottled water safe for consumption. The regulatory agency said that following its default in two batches […]

Nigeria’s regulator clears NBC’s Eva bottled water safe for drinking

NIGERIA – The National Agency for Food and Drug Administration and Control (NAFDAC) has cleared Nigerian Bottling Company’s Eva bottled water safe for consumption. The regulatory agency said that following its default in two batches […]

Nigerian state partners Irish dairy firm to explore investments in dairy sector

NIGERIA – The Irish Dairy Milk is set to partner with the Ogun State, south-western of Nigeria, in a major investment with a focus on the dairy and livestock sectors. Speaking during a meeting with […]

FrieslandCampina WAMCO partners IFDC to transform milk production in Nigeria

NIGERIA – FrieslandCampina WAMCO, Nigeria leading dairy processor, has teamed up with the International Fertilizer Development Center (IFDC) in a drive to transform milk production in the country. This follows an agreement signed between the […]

Nampak eyes share buyback as sale of glass business nears

SOUTH AFRICA – Nampak, a South Africa based diversified packaging manufacturer, has said that it might use proceeds from the sale of its glass business to buy back shares from shareholders. In February, Nampak entered […]