Flour Mills of Nigeria diversifies funding sources with listing of US$78.3m bond
NIGERIA – Flour Mills of Nigeria Plc has listed a new N29.89bn (US$78.3m) Tranche A…
Nigeria
My Corporate Journey – Sunil Patil – Kellogg-Tolaram Nigeria
Sunil Patil is the Head of Research, Quality & Technology for Kellogg-Tolaram Nigeria joint venture,…
Nigeria still depends on food imports despite border closures, halting forex provision
NIGERIA – The Nigerian government spent N1.85 trillion (US$4.85m) on food imports in the first…
Central Bank of Nigeria to release 300,000 metric tons of maize to control market price
NIGERIA – The Central Bank of Nigeria (CBN) has announced it will release about 300,000…
Jumia extends food delivery service to five more states in Nigeria
NIGERIA – Leading e-commerce platform in Africa, Jumia has launched its food delivery service Jumia…
Value Seeds, Mastercard Foundation partner to support women farmers’ COVID-19 recovery in Nigeria
NIGERIA – Value Seeds, an indigenous crop seed production solution and development company has launched…
COVID-19 shocks on Nigeria’s retail sector to still shape its performance in 2021
NIGERIA – The coronavirus pandemic has caused retailers to retool their operational, merchandising, and marketing…
GAIL subsidiary of FMN Group becomes exclusive distributor of AgBiTech’s Fall Armyworm biological control tool
NIGERIA – Golden Agri Inputs Limited (GAIL), subsidiary of Flour Mills of Nigeria Group has…
Coca-Cola appoints Alfred Olajide as new Managing Director for its Nigerian business
NIGERIA – The Coca-Cola Company has appointed Alfred Olajide as the new Vice President and…
Bismarck Rewane resigns from Board of Guinness Nigeria Plc
NIGERIA – The Board of Guinness Nigeria Plc has announced the resignation of Mr Bismarck…
Sub-Saharan Africa’s largest rice mill to be complete in Q1 2021- Lagos State Government
NIGERIA – The Imota Rice Mill, touted by the Lagos State Government, as one of…
Contribution of Agriculture to Africa’s economy could triple if proper investments were made into the sector – AFEX
NIGERIA – Agriculture has for a long time been viewed as a traditional low productivity…
Cadbury Nigeria appoints two new Non-Executive Directors
NIGERIA – Cadbury Nigeria, subsidiary of snack and confectionery firm Mondelez International has announced the…
Nigerian state government partners with IDB to support legume value chain with US$3.23m
NIGERIA – Nigerian state government, Kano has entered into an agreement with Islamic Development Bank…
USAID partners with Nigerian rice miller WACOT Rice Limited investing US$10m in out growers’ project
NIGERIA – WACOT Rice Limited, Nigerian subsidiary of Tropical General Investments Group has partnered with…
Central Bank of Nigeria supports poultry industry with US$33m
NIGERIA – The Central Bank of Nigeria (CBN) has so far released the sum of…
UAC of Nigeria names Funke Ijaiya-Oladipo as its new Chief Financial Officer
NIGERIA – UAC of Nigeria Plc, a leading diversified company operating in the food &beverage,…
Nestle S.A increases its share holding in Nigerian unit to 66.5% after purchase of additional shares
NIGERIA – Nestlé S.A, has acquires 105,569 additional shares in its Nigerian subsidiary, Nestlé Nigeria…
Nigeria to alleviate protein deficiency with nutrition policy
NIGERIA – Nutrition experts in Nigeria have called for the formulation of a protein-centred national…
Nigeria’s largest egg producer Premium Poultry powers its facility with renewable energy
NIGERIA – Premium Poultry Farms, Nigeria’s largest egg producer has entered into an agreement with…
Nigeria Breweries invests US$13.3m in ultra-modern non-alcoholic beverage line
NIGERIA – Nigerian Breweries Plc, has opened its newly built N5.1 billion (US$13.3m) ultra-modern automated…
IFC partners with Kobo360 to tackle food waste, reduce energy consumption in Nigeria
NIGERIA – IFC, a member of the World Bank Group, in partnership with Kobo360, an…
Crown Flour Mills establishes vitamin premix facility, eyes 90% food fortification compliance
NIGERIA – Crown Flour Mills, Nigerian subsidiary of multinational food and agribusiness company Olam International…
Flour Mills of Nigeria CEO Paul Gbededo to retire, company announces changes to its board
NIGERIA – Flour Mills of Nigeria (FMN) Plc, Nigeria’s leading integrated Food and Agro-allied group,…