Daily Archives: September 28, 2017

Nigerian Beer Festival Kicks-off amid Merrymaking

The First Nigerian Beer Festival got underway on Monday evening as billed amid an atmosphere of celebration at the Atlantic City Waterfront, Victoria Island, Lagos.

The event opens daily with hundreds of fun seekers trooping to the waterfront to enjoy the excitement, fun and entertainment of the carnival.

Nigeria now second leading producer of Sorghum in the world

Nigeria’s agricultural production of sorghum has leaped to the second place, now trailing only the United States in annual production.

Data obtained from the United States Department of Agriculture (USDA) forecasts world sorghum production at 59.34 million metric tonnes for 2017/2018.

Of this number, USA’s output is projected to reach 8.4m metric tonnes while Nigeria is second with 6.4m metric tonnes, and Mexico comes in the third position with 6.0m metric tonnes.

Coca-Cola Nigeria to spend $600 million on new products by 2020

Coca-Cola Nigeria Limited said it plans to invest $600 million by 2020 to boost sales, as part of the parent company’s global strategy to offer more consumer likeable products that goes beyond its carbonated soft drinks.

The Nigerian subsidiary of the Atlanta-based soft drinks maker said it wants to expand its product offerings to include flavoured and condensed milk, ice tea and bottled water to meet demand, said Peter Njonjo, the President of Coca-Cola West Africa, in an interview with Bloomberg Business in Lagos.