BUSINESS

Coca-Cola Nigeria unveils Limca Cola

BUSINESS
Coca-Cola Nigeria Limited has announced the introduction of Limca Cola, a new variant launched to expand the foot print of the Limca brand. According to a statement issued by the company, Limca Cola is a good quality sparkling soft drink with a unique cola taste to deliver refreshment to consumers on-the-go. Speaking on the new product, Franchise Marketing Manager, Coca-Cola Nigeria, Gbolahan Sanni, said: “We are excited about the introduction of Limca Cola to the Nigerian market. Limca Cola is a reaffirmation of our commitment to innovatively refreshing our consumers on-the-go with a good quality product, unique cola taste at an affordable price.” He further stated that Limca Cola gives the invigorating carbonated taste of Cola in 60cl PET bottles at the affordable price of N100, adding t

Golden Guinea Breweries nears completion of factory overhaul

BUSINESS
Golden Guinea Breweries Plc, the Umuahia-based brewer which has not been active for over 16 years following a fire outbreak at its facilities in 2003 leading to closure of the business said it is nearing completion of retooling work that will enable it restart production. In a statement released to the Nigerian Stock Exchange (NSE) on Thursday, the once brewer of Eagle stout, Bergedorf lager and Golden Guinea lager said it is optimistic of returning to full operations on or before the second quarter of 2019. The company which has been undergoing major overhaul at its facilities said the delay in filing its Qtr 1, Qtr 2 and Qtr 3 financial results for periods ended 30 June, 30 September and 31 December 2018 was because the company had not commenced production. For the nine months ended 31 D...

SONA Group Opens Water treatment Plant

BUSINESS
The Sona Group of Industries has inaugurated effluent treatment plants in Sango -Ota, Ogun State. The treatment plants were inaugurated in four of subsidiary units of Sona Group, namely: Euro Global Foods and Distilleries Limited, Sona Agro Allied Foods Limited, Food, Agro and Allied Industries Limited and Shongai Packaging Industries Limited were also inaugurated. The treatment plants are expected to treat the wastewater produced by the industries, which are undesirable by- products before release into the environment. Speaking during the inauguration, the Commissioner for Environment, Ogun state, Bolaji Oyeleye, commended the efforts and investment of the group and promised that the state government would create an enabling environment for businesses to thrive. “When we started up with t