Trust Africa News, By Ayomide Otitoju As part of efforts to promote environmental sustainability, Coca-Cola Nigeria has revealed that it targets to enable the collection and recycling of 15 percent equivalent of its packaging from the Nigerian market in 2022.Director, Public Affairs, Communications, and Sustainability, Coca-Cola Nigeria, Amaka Onyemelukwe, disclosed this to newsmen in a…
Trust Africa News, By Ayomide Otitoju A leading player in Nigeria’s power sector, Dr Chukwueloka Umeh, the Managing Director/Chief Executive Officer of Century Power Generation Limited, has advocated that Discos have to be auctioned again for the public to start getting value from the sector.According to Umeh, aside from solving the liquidity problem that ails…
The Nigerian National Petroleum Company (NNPC) Limited posted a total of $224.29 million receipt from crude oil and gas export in August 2021 as against $191.26 million in July 2021. Garba Deen Muhammad, Group General Manager, Group Public Affairs Division, NNPC Limited, noted that a breakdown of the figures captured in the August 2021 NNPC…
Bayelsa State Governor Duoye Diri has explained that oil wasn’t developed in Nigeria by money made from cocoa farming but money invested by international oil companies. The governor, on Thursday, during an interview on Channels Television breakfast programme, Sunrise Daily said many Nigerian leaders wrongly spread the notion that cocoa money was invested into oil…
MTN Nigeria Communications PLC has denied receiving any communication regarding an impending disruption of telecommunications services by telecoms workers over anti-labor practices. In a statement signed by the Company’s Secretary, Uto Ukpanah, on Thursday, the company said that since it was unaware of such notice, it, therefore, would be unable to validate or comment on…
As part of its brand promise to continue to refresh the world and inspire togetherness, moments of happiness and optimism, Coca-Cola Nigeria releases a new and improved recipe of Coca-Cola Zero Sugar. The new refreshing recipe and bold packaging promises to deliver a more delicious and refreshing taste that brings it closer to that of…
nternational Monetary Fund (IMF) says the Nigerian economy is recovering from a historic downturn benefitting from government policy support, rising oil prices and international financial assistance. IMF disclosed this in a statement issued from its headquarters in Washington D.C. on Monday. The organisation said Nigeria exited the recession in fourth quarter 2020 and output rose…
Five days after a Floating Production Storage and Offloading (FPSO) facility belonging to Shebah Exploration and Production Company Limited (SEPCOL) exploded in Warri, the company on Sunday announced that three crew members aboard the ship had been found alive. A statement by the company signed by its Chief Executive Officer, Ikemefuna Okafor, indicated that one…
Fitch Solutions, an affiliate of global rating agency, Fitch, has predicted that Nigeria’s weak performance in the oil and gas sector may continue to slow down the country’s economy in the coming years. In its latest report on the state of the Nigerian economy, the rating agency stated that from its analysis, the new Petroleum…
