Coca-Cola HBC the parent company of The Coca-Cola Company in Nigeria said its sales volume in Nigeria has continued to nose-dive in a highly competitive environment. The global Coca-Cola company made this disclosure in its 2018 full year result released penultimate week, but stated that its Group volume increased by 4.2 percent in emerging markets, […]
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Few days after the acquisition of Chi Limited from TGI Group by Coca-Cola Company, stakeholders, especially consumers of the former have been assured that the quality of the various products on the stable of the Chi brand will not only be sustained, but be taken a notch higher by the new owners. Briefing journalists in […]
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The Coca-Cola Company, Nigeria, has fully acquired Chi Limited in a private equity deal. The President, Coca-Cola West Africa, Peter Njonjo, while speaking during a press briefing on Thursday, described the acquisition as a testament to the company’s commitment to being a total beverage company to meet the changing tastes and needs of consumers. He […]
Read More Coca-Cola Nigeria Ltd has emerged the best company in the Good Health and Well-being category at the 12th edition of the Sustainability, Enterprise and Responsibility Awards (SERAs). The Company was adjudged the best in the health category as a result of the impact of its ‘Safe Birth Initiative’ (SBI) that aims to tackle the high […]
Read More Lagos State Employment Trust Fund (LSETF), Coca-Cola Nigeria Ltd. and its bottling partner, Nigeria Bottling Company have signed a partnership agreement to empower 1,000 women in Lagos. Through the partnership framework, the selected women will receive training in financial literacy and business skills as well as start-up capital to integrate them into the Coca-Cola value […]
Read More Coca-Cola Nigeria has said it will empower 15,000 youths in 2018 through its youth empowerment and personal development initiatives. The Director, Legal, Public Affairs and Communications, Nigerian Bottling Company, Sade Morgan, made this known while speaking at a press conference in Lagos on Monday. She said the vision of Coca-Cola was to impart over 100,000 […]
Read More Coca-Cola Co’s quarterly profit and revenue topped analysts’ estimates, helped by a 3 percent rise in North American sales as it gains market share over arch rival PepsiCo Inc. The company sold more Sprite, teas and coffees during the quarter, offsetting a dip in Diet Coke sales. In contrast, PepsiCo reported a drop in quarterly […]
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A new program – The Safe Birth Initiative, is to be launched by Coca-Cola company to support the Ministries of Health in Ivory Coast and Nigeria to tackle the high incidence of maternal and newborn mortalities This was disclosed by the Coca-Cola Europe, Middle East & Africa (EMEA) Group President, Brian Smith, during a courtesy […]
Read More Coca-Cola Company’s Nigerian operation will invest $600m by 2020 to boost sales, in line with a global strategy to extend the product range beyond its soft drinks. The unit of the Atlanta-based beverage maker plans to expand its offering of drinks to include flavoured and condensed milk, iced tea and bottled water to meet demand […]
Read More Coca-Cola plans to cut 1,200 jobs as it deepens its cost-cutting initiatives in response to sluggish soda sales, the company said Tuesday. The maker of Sprite and Fanta announced the job cuts as it reported lower second-quarter profits due to restructuring costs and flat sales amid efforts to tout new low-sugar beverages in response to […]
Read More A Lagos High Court in Igbosere has ordered the National Agency For Food, Drug Administration and Control to, forthwith, mandate the Nigerian Bottling Company PLC, manufacturers of Coke, Fanta and Sprite soft drinks, to include a written warning that the content of the bottles cannot be taken with Vitamin C. In a judgement delivered by […]
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THE Coca-Cola Company is now a shareholder of the holding company of Chi Limited, Tropical General Investments Group. Both companies, in a statement on Saturday, said a binding agreement had been concluded for the Coca-Cola Company to acquire an initial minority equity shareholding in Chi Ltd. In the statement by Chief Public Affairs and Communications […]
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