By Ayomide Otitoju The Coca-Cola system in South Africa—including Coca-Cola, Coca-Cola Beverages South Africa, and Coca-Cola Peninsula Beverages—has announced a planned R17.6 billion investment in the country through 2030. The announcement was made by Luis Felipe Avellar, president of The Coca-Cola Company’s Africa operating unit, at the sixth South Africa Investment Conference (SAIC) in Johannesburg….
By Ayomide Otitoju African Export-Import Bank has committed $2.5 billion to a $4 billion senior syndicated term loan for Dangote Petroleum Refinery and Petrochemicals, reinforcing support for one of Africa’s largest industrial projects. The bank, alongside Access Bank, acted as co-Mandated Lead Arranger for the five-year facility, which is aimed at refinancing existing debt, optimising…
By Ayomide Otitoju JMG Industrial has completed the installation of advanced KAESER air compressor technology at the Gboko facility of Dangote Cement in Benue State, enhancing operational efficiency and production reliability. The project followed a detailed system audit and airflow analysis, leading to the deployment of eight high-performance Kaeser rotary lobe blower units designed for…
By Ayomide Otitoju Coronation Group has hosted the Coronation Women Initiative Network (WIN) Conference 2026, bringing together over 500 participants in Lagos to promote women’s leadership and sustainable development within the financial services sector. The conference, held as part of activities marking International Women’s Month, convened female professionals from Coronation’s offices in Ghana, Port Harcourt,…
By Ayomide Otitoju Pernod Ricard Nigeria has reaffirmed its commitment to gender equity and inclusion through its Women’s Network initiative, positioning itself as a strong advocate for women in leadership and inclusive business practices. The company recently hosted a gathering themed “Women Who Raise the Bar,” bringing together female leaders and professionals to explore the…
By Ayomide Otitoju Ghana has dismissed coach Otto Addo just over 70 days ahead of the World Cup, following a 2-1 friendly defeat to Germany on Monday in Stuttgart. The loss, sealed by a late goal from Deniz Undav, marked the Black Stars’ fourth consecutive defeat, coming after a 5-1 loss to Austria last week….
Iran launched a series of missile strikes across the Middle East on Tuesday, following renewed explosions in its capital, Tehran, amid rising tensions after US President Donald Trump threatened Iran’s key oil facilities, power plants, and desalination infrastructure. Israeli Prime Minister Benjamin Netanyahu said more than half of his military objectives had been achieved, though…
By Ayomide Otitoju The Independent Corrupt Practices and Other Related Offences Commission has arraigned former Nasir El-Rufai before a Kaduna State High Court over multiple corruption-related allegations. The arraignment comes just three days after El-Rufai buried his late mother, who passed away in Egypt. He faces charges of abuse of office, fraud, intent to commit…
A French court on Monday dismissed Cardiff City’s claim for €122 million ($140 million) in compensation from FC Nantes related to the death of Argentine forward Emiliano Sala. Cardiff had filed the case in 2023 at the Nantes commercial court, seeking damages for lost income and other financial losses resulting from Sala’s death. The court…
