Cream Liqueur sees growth with new players, more flavours

Cream liqueur is experiencing renewed growth in Nigeria, spurred by increased interest by consumers, particularly women. It is a favourite of women because it is a type of alcoholic spirits for people More »

Modular building technology firm sees growth opportunities in various sectors as economy recovers

Lange & Grant, an integrated projects development company with a complete in-house assembly line facility to produce large scale insulated sandwich panels, made with polyurethane foam for commercial projects said that the More »

Category Archives: News

Guinness Nigeria donates a mini-water project to Albarka Community in Nasarawa State

As the world counts down to the 2030 United Nations’ clean water and sanitation goal, Guinness Nigeria, as part of its sustainable development strategy, has maintained its commitment towards the provision of potable water across communities in Nigeria. For Guinness, achieving this objective is sacrosanct for attaining the desired global wellbeing.

Nosak Distilleries to start exporting ethanol to Ghana

Leading ethanol manufacturer, Nosak Distilleries Limited, a subsidiary of Nosak Group has concluded plans to commence the exportation of refined ethanol to Ghana as part of its export expansion plans. This came to bare after securing the certificate of registration from the Food and Drugs Authority of the Republic of Ghana in Accra.

Microplastics are in our water, but no proof they’re harmful – WHO

The World Health Organisation (WHO), has said that its research into the effects of microplastics on human health has shown it does not seem to pose any health risk to humans, but more research was needed.

Microplastics are the tiny particles or plastic bottle fragments about five millimetres long most often found in bottled water.

Employer’s Union appeal to government to engage private sector in talks on forex ban on food import

The Association of Food, Beverage and Tobacco Employers (AFBTE) has called on the Federal Government to go into talks with the Organised Private Sector (OPS) and other concerned stakeholders in the food industry in a bid to find lasting solutions to the government’s plan to restrict foreign exchange on food imports.

Promasidor Management visits Ekiti State on Ikun Dairy Farm Resuscitation

Promasidor Nigeria Limited, makers of a wide range of dairy products including Cowbell milk, Loya milk, Miksi milk and others took its management on a working visit to Ekiti State to hold further discussions on the newly announced partnership between the company and the State Government with regards to backward integration and resuscitation of Ikun Dairy Farm.

CBN to expand forex restriction list on food items, echoing president’s order

The Governor of the Central Bank of Nigeria (CBN), Mr Godwin Emefiele, has said that the apex bank will soon add more items to the list of 43 items that are barred from receiving foreign exchange (forex) from banking sources.

Emefiele made the statement on the sidelines of the presidential retreat for new ministers in Abuja on Monday. He said that banks will not go back on the directive of President Muhammadu Buhari on food importation into the country.

No ban or restrictions on food imports – Buhari

President Muhammadu Buhari on Sunday said there was no truth to a story in the Financial Times of London that his government has placed a ban on the importation of food items into the country.

The president also said that his recent directive to the Central Bank of Nigeria (CBN) not to provide foreign exchange (FX) to food importers did not amount to food restriction.

Stakeholders at AgriQuest Africa forum proffer ways to boost fruit, vegetable production

Stakeholders in the food and beverage sector met recently in Lagos at a forum organized by AgriQuest Africa Network (AQAN) to seek ways to boost fruit and vegetable production amid post-harvest challenges.

According to the immediate past Dean, Post- Graduate School, Bell University of Technology, Ota, Prof Olugbenga Ogunmoyela, fruits and vegetables are not only rich in nutrients, they are veritable sources of income for farmers.

NBC, Enyo partner to provide Coca-Cola products to consumers

The Nigerian Bottling Company (NBC), bottlers of Coca-Cola products said it has partnered with Enyo Retail & Supply Limited, a downstream oil and gas firm to boost customer experience through the provision of the NBC chillers at selected Enyo service stations nationwide.

According to the NBC, the collaboration aligns with Enyo’s vision of making its retail outlets one-stop centres where customers can do more than fuelling their cars.

President Buhari orders CBN to halt Forex provision for food imports

President Muhammadu Buhari on Tuesday ordered the Central Bank of Nigeria (CBN) to stop making foreign exchange available to food importers, saying that the directive is to ensure the steady improvement in agricultural production and to attain full food security.

The statement was made while the president hosted his party’s, All Progressive Congress (APC) governors to eid-el-Kabir lunch at his country home in Daura, Kastina State.