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Nigeria
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Arjena foods strengthens Nigeria’s groundnut value chain with new factory
The project will process locally-grown peanuts into Nutzy-branded coated snacks, create jobs, and boost rural incomes.
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BUA Chairman vows to slash rice prices amid soaring food inflation in Nigeria
Rabiu attributed much of the inflationary pressure to speculative hoarding of commodities like paddy rice during harvest season
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Zeenab Foods redeems US$2.65M in commercial paper demonstrating strong liquidity, investor confidence
The successful CP redemption follows a similar early settlement of N1.6 billion (US$1.23 million) under Series 1 (Tranche A) in September 2024
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Nestlé Nigeria records US$31.8M profit after tax for Q1 2025, restoring its profitability
Revenue surged by 61% to NN294.885 billion (US$183M), compared to N183.484 billion (US$114M) in Q1 2024.
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BUA Group signs contract for 2 MMT wheat handling infrastructure in Port Harcourt
The contract was formalized at a signing ceremony in Dubai, attended by Abdul Samad Rabiu, Founder and Executive Chairman of BUA Group, and Okcul Barlik, CEO of Agrimac Makina Limited.