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.

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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 […]