Ribena, Lucozade Acquired by Africa FMCG Distribution Ltd for $14 million

Suntory Beverage & Food Limited (SBF), brand owners of Ribena and Lucozade, has agreed to sell its Nigerian subsidiary, Suntory Beverage & Food Nigeria (SBFN) to Africa FMCG Distribution Ltd (AFDL) for $14 million. The completion of the transaction is subject to receiving merger clearance from relevant regulatory authorities in Nigeria. The total consideration of […]

The 2022 GTCO Food and Drink Festival promises to be an experience of a lifetime- Segun Agbaje, GTCO CEO

Group CEO, Guaranty Trust Holding Company (GTCO), Segun Agbaje spoke on the upcoming annual food festival organised by the company. The CEO speaking at an interview, when asked about the forthcoming event As to the essence of the event, the GTCO Food and drink festival brings together the biggest chefs and food lovers from across […]

Lipton Nigeria Holds Inspirational Conversations With Mrs. Irabor, GoSlo Ice Cream.

In celebration of the International Women’s Month 2022, one of the biggest Tea brand in Nigeria, Lipton, held impactful conversations with women alongside Betty Irabor and GoSlo Ice Cream in line with the #LiptonBreakTheBias campaign, which ran for the entire month of March. Gleaning from Mrs. Betty Irabor’s life story and achievements relating to mental […]

Campari, MTV Base and 2baba Is Giving Everyone A Chance To Feature In Tclassic’s Upcoming Music Video

 If you’re a passionate young creative who’s tired of watching the action from a distance, this is your chance to be part of Tclassic’s next music video featuring one of Nigeria’s finest, 2baba. Campari is giving everyone a chance to be a part of Tclassic’s next music video with 2baba and here’s how to enter. […]

Nigeria And Other Sub-Saharan African Countries Could Experience Worst Case Of Food Insecurity Due To Rise In Food Inflation; IMF Warns

The International Monetary Fund (IMF) recently made public, a detailed report on the trends of food inflation in Sub-Saharan Africa. In line with findings, food prices are increasingly spreading inflation across the region. Food items make up close to 40% of consumption basket in Sub-Saharan Africa which explains the reason why a rise in food […]

Federal Government To Give Out Over 5 Billion To 98,000 Farmers And Small Businesses

The Federal government is set to roll out a Government Enterprise and Empowerment programme (GEEP) 2.0 throughout the Federation which would give between N50,000 and N300,000 Interest free loans to 98,000 Nigerian farmers and small business owners. This was disclosed in a statement issued by the media aide to the Minister of Humanitarian affairs, Social […]

The 2022 Heineken Africa Foundation Grant Application Now Open

The Heineken Africa Foundation in conjunction with Heineken Breweries in the Sub-Saharan Africa comes up with the 2022 Heineken Africa Foundation Grant. The Project works in the field of WASH (water, sanitation and hygiene)and/or Mother & Child healthcare and does not exceed the maximum requested amount of EUR 125,000 over a 1-2 years. The Criteria to submit […]

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