UAC of Nigeria PLC has announced its agreement to acquire Chivita|Hollandia (CHI Limited) from The Coca-Cola Company, subject to regulatory approval.Chivita|Hollandia is a key player in Nigeria’s food and beverage industry, known for its diverse portfolio, including dairy products, juices, and snacks, under the renowned Hollandia and Chivita brands. Fola Aiyesimoju, Group Managing Director of…
The 2500m² platform is capable of analysing and processing CO₂ and other emissions from the cement industry. Its ‘plug-and-play’ architecture accommodates different carbon capture systems that can be connected to Holcim’s Martres-Tolosane plant.
The Nigeria Customs Service (NCS) has again been commended by the Director-General of the World Trade Organisation (WTO), Dr. Ngozi Okonjo-Iweala, for its remarkable strides in customs modernisation and trade facilitation. The recognition came during the 145th/146th Sessions Opening of the Customs Co-operation Council, held on Thursday, June 26th, 2025, at the World Customs Organisation…
The Nigeria Customs Service (NCS) has expressed a strong commitment to fast-tracking Nigeria’s integration into global trade systems through the adoption of international trade facilitation standards developed by the United Nations Centre for Trade Facilitation and Electronic Business (UN/CEFACT). This assurance was given during a high-level stakeholders’ interactive session organised recently by the Nigerian Export…
” The grains in seven locations of strategic reserves, are now being bagged for onward delivery to the National Emergency Management Agency (NEMA). The Minister of Agriculture and Food Security, Senator Abubakar Kyari, said that the Ministry is in the final stages of releasing 42,000 metric tonnes of assorted food commodities to support the vulnerable…
Dr. Olubunmi Kole-Dawodu, State Manager for the Small and Medium Enterprises Development Agency of Nigeria (SMEDAN), has disclosed that Lagos is home to over 50 million informal businesses. This announcement was made during a recent stakeholders’ forum on Economic Data Performance, organized by the Lagos Bureau of Statistics (LBS) at the Lagos Chamber of Commerce…
Former Minister of Information and Culture, Alhaji Lai Mohammed, has given an account of how disciplined, strategic communication can transform a fragmented opposition into a cohesive national movement. Mohammed gave the insight at Abbey College, Cambridge, UK, yesterday, emphasising said that the method was deployed by the political oppositions in Nigeria to defeat the ruling…
The Managing Director of NIXIN Paper Mill, Eric Wang, highlighted the potential of Nigeria’s paper industry, comparing it with his hometown in China, with a population of just 300,000, supporting a paper factory that consumes over 20,000 tons monthly. The Lagos Chamber of Commerce and Industry (LCCI) attracted over $60 million investment into the Nigeria’s…
The International Organisation of Vine and Wine (OIV) has reported that the global wine industry’s production and consumption decline by seven percent in 2023. “Once again, extreme climatic conditions – such as early frost, heavy rainfall, and drought have significantly impacted the output of the world vineyard,” said the OIV Head of the Statistical Department…
