Author: Boluwatife Olu-Kings Ayobami

On October 21, 2024, Flour Mills of Nigeria Plc announced a groundbreaking plan to invest up to $1 billion over the next four years to significantly expand its operations. Chairman John Coumantaros shared the details in a recent interview, emphasizing the company’s commitment to increasing investment within Nigeria. The expansion includes a minimum allocation of […]

In a significant move to enhance educational accessibility, Africa’s digital payment infrastructure company, Kora, has entered into a Memorandum of Understanding with Covenant University to establish a N200 million endowment fund. This initiative, announced on Saturday, aims to provide crucial financial assistance to deserving students, empowering them to pursue their higher education without the burden […]

BUA Foods Plc has partnered with IMAS, a renowned Turkish manufacturer of flour milling equipment, to significantly enhance its wheat flour milling capacity to 2.5 million metric tonnes per annum. This collaboration will see the construction of four cutting-edge wheat and flour milling factories, with a combined capacity of 3,200 tonnes per day. This expansion […]

Montblanc, the luxury goods company, is celebrating the centenary of its iconic writing instrument, the Meisterstück. First introduced in 1924, the Meisterstück has become a symbol of exquisite craftsmanship and timeless elegance. The journey of the Meisterstück began when Montblanc, then operating under the name Simplo, sought to meet the demand for a writing instrument […]

Mouka, a leading mattress brand, has teamed up with the Lagos Food Bank to support vulnerable children through a significant initiative. This collaboration is part of the Nutritious Meal Intervention for Vulnerable Mothers and Children programme, spearheaded by the Lagos Food Bank. The initiative focuses on combating malnutrition and hunger among pregnant women, breastfeeding mothers, […]