The Coca-Cola Company at the weekend disclosed that it has invested 40 percent initial minority equity stake to acquire Chivita Limited, one of the Nigeria’s leading dairy and Juice Company.

Operators in the Nigerian capital market have moved for Federal Government intervention fund to save the market from the current volatility and grow the economy.

NIGERIAN Export Promotion Council (NEPC) has put in place some plans that will help increase the country’s earnings on non-oil export to $30billion from the $2.7billion it currently stands even as the Council and the Ministry of Agriculture have evolve ways to transform the nation’s economy.

GSK Consumer Nigeria Plc has confirmed that it has received a non-binding offer from, Suntory Beverage & Food , SBF Limited to diversify its drinks business comprising the bottling and distribution of Ribena and Lucozade and part of the Agbara manufacturing site.

TO improve power supply and support government’s effort to reduce gas flaring, the Nigeria National Petroleum Corporation, and Chevron Nigeria Limited, NNPC/CNL Joint Venture, have announced the completion and load-out of the topside module of the SONAM N on-Associated Gas, NAG, Wellhead Platform project.

Managing Director/Chief Executive, FBN Capital Asset Management, Mr. Michael Oyebola has advised investors to embrace diversification as a tool of personal and institutional financial planning in light of the prevailing economic realities in the country.

Manufacturers have called on the Federal Government to strengthen the Central Bank of Nigeria, CBN policy on foreign exchange in order to support the growth of the manufacturing sector.

THE Chief Financial Officers (CFOs) of various organizations across the country have expressed fear over what 2016 business environment holds for the success of their operations if government fails to deliver on its mandate in areas of infrastructures, security, clarity on exchange rate and tax.

PRIVATE and independent oil marketers have accused the Petroleum Products Pricing Regulatory Agency, PPPRA, of encouraging a monopolistic system in the downstream petroleum sector run by the Nigerian National Petroleum Corporation, NNPC, and major marketers.

FOLLOWING more than a decade of aggressive growth, global coal demand has stalled, the International Energy Agency, IEA, said in its Annual Coal Market Report, released last week. The report sharply lowered its five-year global coal demand growth forecast in reflection of economic restructuring in China, which represents half of global coal consumption