Commodity trading platform Binkabi partners Unity Bank to boost agricultural lending

NIGERIA – Binkabi, Nigeria’s blockchain based commodity trading network has partners with Unity Bank Plc to launch an agro-commodities trade platform to improve lending of the agriculture sector. Binkabi is a platform for issuing trading […]

Arla Foods partners Nigerian State to scale-up dairy farming scheme

NIGERIA – Arla Foods, Denmark-based dairy firm has partnered with the Kaduna State Government in Nigeria to establish a dairy development programme that aims at developing the dairy sector. To strengthen the private-public partnership, Arla […]

Flour Mills of Nigeria banks on turnaround initiatives to boost growth

NIGERIA-Flour Mills of Nigeria Plc (FMN), one of Nigeria’s leading integrated food and agro-allied company, envisions continuous growth in key segments as strategy to delivered improved margins and operational efficiencies which will in turn result […]

Nigerian Breweries unveils new sleek and stylish Heineken beer cans

NIGERIA – Heineken, through its Nigerian bottler Nigerian Breweries, has launched two new sleek and stylish 33cl cans for the packaging of its premium beer brand in Nigeria. This is part of the Dutch brewing […]

Azman partners with Nigerian state government to boost rice production

NIGERIA – Azman Rice Mills and Farms Limited, a Nigerian rice processing company has singed a Memorandum of Understanding with Kano State Government that seeks o boost rice production in the State. The agreement will […]

Symrise opens first flavour application labs in Nigeria to support growth in West Africa

NIGERIA – German flavour and fragrance manufacturer, Symrise has opened its first applications labs in Lagos, Nigeria as part of a growth strategy to strengthen its presence in the growing West African market. Symrise will […]

Dangote Group scales up investments in Nigeria’s Agriculture sector

NIGERIA – Dangote Group, Nigeria’s leading diversified investment firm, has announced that it was scaling up its investment in the country’s agriculture sector. The pan-African congromelate which owns NASCON Allied Industries, Dangote Flour mills and […]

Central Bank of Nigeria introduces new policy to regulate milk importation

NIGERIA – The Central Bank of Nigeria (CBN) has banned commercial banks and other authorised dealers from accepting Bills for Collections as means of payment for milk importation and its related products. Under the new […]

Guinness Nigeria reports 18% decline in full year profits to US$15.15m

NIGERIA – Guinness Nigeria, a subsidiary of Diageo Plc, reported 18 percent drop in net profits for full year profits for the financial year ending June 2019 to N5.5 billion (US$15.15 million). The company’s revenues […]