Suntory Beverage & Food Limited (SBF), makers 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.
This historic event took place on April 6, 2022, marking a victorious end to a two-year litigation. Significantly, co-plaintiffs included Centre for Democracy and Development (CDD-West Africa), International Federation of Women Lawyers, Vision Spring Initiatives (VSI), Women Advocates Research and Documentation Centre (WARDC)
BUA Cement Plc, the second-largest cement company in Nigeria, has retained its position in FY 2021 with a production volume of 5.4million metric tonnes per annum (mmtpa), up from 5.1 mmtpa in 2021 and a 22.86% growth in revenue to N257.33bn in FY'2021.
This Operational Guidelines shall serve as a working document to register, supervise and monitor web aggregators as Insurance Intermediary who maintain a website for providing information on products of different Insurers.
The Tony Elumelu Foundation (TEF), the leading philanthropy empowering African entrepreneurs from all 54 African countries, has selected 4,949 entrepreneurs from across Africa for its 2021 Entrepreneurship Programme.
Cybersecurity stakeholders under the auspices of Information Security Society of Africa - Nigeria (ISSAN), have called for an urgent review of the National Cybersecurity Protection Act of 2015 to meet with current realities.
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