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Friday 22 November 2024
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Nigeria

Cocoa

Cocoa Market Report: High differentials reflect the expectations of a new supply deficit

Desk3 -
ABIDJAN, Côte d’Ivoire – Origin differentials on prices (see Figure 1 and Figure 2) of the six-month forward cocoa contract in Europe and the...
Institutions

The International Coffee Organization welcomes Nigeria as a new Member

Desk3 -
LONDON, UK - The International Coffee Organization (ICO) welcome Nigeria as a new Member to the Organization. On 30 November 2021, the ICO welcomed...
Companies

The Coca-Cola Company completes acquisition of Chi Ltd. in Nigeria

Desk3 -
ATLANTA, U.S. — The Coca-Cola Company today announced that it has completed its acquisition of Chi Ltd. in Nigeria. Coca-Cola first announced a minority...
Espresso and coffee beverages

Coca-Cola completes acquisition of Africa’s leading producer of dairy beverages

Desk3 -
ATLANTA, U.S. — The Coca-Cola Company today announced that it has completed its acquisition of Chi Ltd. in Nigeria. Coca-Cola first announced a minority investment...

Krispy Kreme to open 20 outlets in Nigeria over the next five years

Desk3 -
WINSTON-SALEM, N.C., U.S. — Krispy Kreme Doughnut Corporation has announced a development agreement with Quality Foods Africa. The agreement will bring twenty Krispy Kreme...
Cocoa

Taking steps to revive the the once flourishing Cocoa Industry in Nigeria

Desk3 -
The 2015/2016 oil price plunge was the driving factor that led to Nigeria falling into a recession, due to the country’s heavy reliance on...
Cocoa

Nigerian government, group move to give a boost to cocoa production

Desk3 -
ABUJA, Nigeria – The Federal Ministry of Agriculture and Rural Development is to join the Federation of Agriculture Commodity Association of Nigeria (FACAN) to raise cocoa production to 1.2 metric tonnes yearly. FACAN President, Dr Victor Iyama told The Nation that the Minister, Chief Audu Ogbeh, at a meeting with ...
Companies

Krispy Kreme Doughnuts to open 20 shops in Nigeria over the next five years

Desk3 -
WINSTON-SALEM, N.C., U.S. – Krispy Kreme Doughnut Corporation today announced a development agreement with Quality Foods Africa. The agreement will bring twenty Krispy Kreme® shops to Nigeria over a period of five years. “We are thrilled to be expanding into Nigeria, and we are fortunate to be working with an exceptional group,” said ...
Companies

How two brothers established Café Neo, Lagos’ first coffee shop chain

Desk3 -
LAGOS, Nigeria – Despite a number of African countries being significant coffee-producers – such as Ethiopia, Rwanda, Côte d’Ivoire, Uganda, Kenya and Tanzania –...
Cocoa

Stakeholders converge in Ibadan, Nigeria to brainstorm on the future of Africa’s cocoa research

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IBADAN, Nigeria - For the first time in West Africa, a regional symposium focusing on the next generation of cocoa research for West and...
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