The Coca-Cola Foundation says it is supporting Nigerian business women with 10,000 dollars grant to acquire digital skills.
Nigerians To Pay Tax On Every Bottle Of Coca Cola They Gulp From January
With effect from January 2022, Nigerians will take a burdensome decision whether to relax or entertain with carbonated drinks popularly known as “soft drinks” as the Minister of Finance Budget and National Planning, Zainab Ahmed has announced that the FG will impose exercise duties on carbonated drinks usually taken by the masses.
Coca-Cola Unveils N560b Investment Agenda For Nigeria
management of the Coca-Cola System in Nigeria, comprising Nigerian Bottling Company (NBC) and Coca-Cola Nigeria is to invest N560 billion in Nigeria within five years.
NBC Affirms Commitment To Product Quality, Integrity
The Nigerian Bottling Company Limited (NBC), has held its 2020 Stakeholders Forum themed ‘Product Quality and Integrity: Challenges and Opportunities’. The virtual summit held on Tuesday 14’ July 2020, attracted several stakeholders. During the summit, NBC vowed to its customers and consumers that it remains committed to product quality and integrity, promising that this would […]
Coca-Cola Acquires Chi Limited
Cola-Cola has completed the acquisition of Chi Limited. In a statement on Wednesday, Coca-Cola explained that it has extended its minority investment in the company to full ownership. In 2016, the company acquired a 40% minority stake in Chi and expressed interest in increasing ownership within three years. “Coca-Cola is continuing to evolve as a […]
Coca-Cola profits fall as it expands healthier low-sugar, non-carbonated drinks
Coca-Cola saw profits drop sharply due to sales of bottling facilities as it moved to expand offerings of low-sugar and non-carbonated beverages amid flagging demand for sweet sodas, the company said Wednesday. Net income for the US soft drinks giant plunged 60 percent in the second quarter to $1.4 billion, while revenues fell 16 percent […]