Editor
-
Heineken extends dominance in Nigeria’s beer market by raising stake in Champion Breweries to 84.7%
NIGERIA – Multinational brewing company Heineken has raised its ownership in Champion Breweries with acquisition of 1,903,609,538 ordinary shares at a price of N2.6 per…
-
Cargill launches purified sea salt flour that is undetectable in food
US – American global food conglomerate Cargill has launched Purified Sea Salt Flour, an ultra-fine cut that allows the sodium chloride to dissolve faster in…
-
Fan Milk Plc to establish dairy farm and training institute in Nigeria as part of backward integration program
NIGERIA – Fan Milk Plc, Nigerian subsidiary of multinational food-products corporation Danone, has inked a partnership agreement with the government of Ogun state to undertake…
-
Strong performance in developed markets boost Mondelēz’s 2020 results
US – American multinational food and beverage company Mondelēz International‘s net revenue for 2020 rose by 2.8% to US$26.58 billion driven by a strong performance…
-
Dangote urea fertilizer plant set to open in first quarter of 2021
NIGERIA – Dangote Industries Limited has announced that its US$2.5 billion granulated urea fertilizer plant which is located at Ibeju Lekki, Lagos State is set…