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News: Nigeria
Denmark/Nigeria: ARLA ADD TO NIGERIA INVESTMENT
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Nigeria/Denmark: ARLA OPEN KADUNA DAIRY FARM
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Nigeria: F/C WAMCO POSTS RECORD Q1 LOSSES
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Nigeria: F/C WAMCO BLUNDER PROMPTS APOLOGY
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Denmark/Nigeria: ARLA SIGN NEW PARTNERSHIP DEAL
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Nigeria: DANONE MODEL FARM OPENS
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Nigeria: F/C WAMCO RECOVERY DENTED BY DEVALUATION
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Nigeria: INVESTIGATION SCOTCHES CRIMINAL FEARS
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Nigeria: F/C-WAMCO BACK CONTAMINATED MILK PROBE
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Netherlands/Nigeria: F/C BUILD YOGURT PLANT FOR NIGERIA
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Nigeria: OLAM LAUNCH NEW KANO COLLECTION CENTRES
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Denmark/Nigeria: ARLA TO BUILD NEW FARM IN NIGERIA
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Nigeria: WTO CHIEF TACKLES NIGERIA ON TRADE POLICIES
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Nigeria: FAN MILK ANNOUNCE FLAGSHIP FARM IN OGUN
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Nigeria: F/C WAMCO LAUNCH DAIRY DEVELOPMENT CENTRE
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Nigeria/Netherlands: F/C WAMCO ACQUIRE NUTRICIMA
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Denmark/Nigeria: ARLA TO FARM IN NIGERIA
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Nigeria: P J CUSSONS SELL NUTRICIMA TO WAMCO
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Singapore/Nigeria: OLAM MOVE INTO NIGERIAN DAIRY
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Nigeria: NESTLÉ + F/C WAMCO SIGN PRODUCTION AGREEMENT
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Nigeria: CURRENCY RESTRICTIONS LIFTED FOR MILK IMPORTS
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Nigeria: CENTRAL BANK HALTS CREDIT FOR MILK IMPORTS
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Netherlands/Nigeria: F/C WAMCO SALES UP 6%, NET PROFIT FALLS
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Nigeria: COCA-COLA TAKE OVER CHI IN NIGERIA
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Netherlands/Nigeria: FRIESLANDCAMPINA TO INVEST €23m
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Nigeria: DANGOTE PLAN TO INVEST $800m IN DAIRY
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Germany/Nigeria: CHELLARAMS FORM JV WITH DMK
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Netherlands/Nigeria: FRIESLANDCAMPINA POST PROFIT IN NIGERIA
FrieslandCampina WAMCO Nigeria posted turnover up 2.5% to N123.75bn in 2016 (€350m) and pre-tax profit up 7.2% to N19.96bn (€56m) in 2016 despite “harsh macroeconomic conditions and an unfriendly operating business environment”. They reported significant achievements in operational efficiencies, cost management and improved productivity across the supply chain systems with new investments in staff development and facility improvements. The company’s shareholders approved a dividend payout of 75% of the profit after tax (N10.65 per N0.50 share). F/C are focusing on improving the quality of milk from local dairy farmers.
Netherlands/Nigeria: FIRE AT F/C WAMCO
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