Tag: Coca Cola
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Coca-Cola pledges $1bn investment in Nigeria as Tinubu promises financial reforms
President Bola Tinubu has said his administration’s commitment to creating a robust financial system and a business-friendly economy that will attract more foreign direct investments.
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Enhancing every snack bite with Fanta’s yummy snacking experience
With a Fanta in hand lies the promise of its accompanying great taste, bottled with excitement and colorful zest. Through a delightful tasting experience, Fanta is undoubtedly the zing of every snacking moment. Every snacking moment begins with a delicious treat, and it’s not j
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SBI: Coca-cola, Medshare donate N3bn worth of equipment to Aminu Kano Teaching Hospital
The Coca-Cola Company and its partner, Medshare, in collaboration with Federal Government, on Friday, donated equipment worth N3 billion to Aminu Kano Teaching Hospital, Kano under the Safe Birth Initiative (SBI). The equipment and supplies were formally unveiled and handed over at a special event held at the Hospital in Kano. At the handover ceremony,…
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Ronaldo ‘drink water’ push wipes $4B off Coca Cola’s market value
Juventus ace Cristiano Ronaldo wiped $4 billion off Coca Cola’s market value after rejecting bottles of the soft drink at Portugal’s pre-match presser on Monday. Ronaldo removed the two bottles out of camera shot as he sat down for his Euros media conference before holding up his bottle of water and declaring ‘drink water’. The…
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Coca-Cola cleans $7 billion off Mark Zuckerberg’s fortune
Mark Zuckerberg, Facebook founder and chief executive officer, has had $7 billion wiped off his fortune after Coca-Cola announced halting all social media advertising for 30 days. This follows #StopHateforProfit campaign launched on June 19 in the wake of George Floyd’s death at the hands of Minneapolis police officers and the subsequent worldwide protests. It…
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Coca Cola acquires Chi Limited
The Cola-Cola Company on Wednesday announced it has completed the acquisition of Chi Limited. Coca-Cola in a statement said that it has extended its minority investment in the company to full ownership. Recall that in 2016, the company acquired a 40% minority stake in Chi and expressed interest in increasing ownership within three years. “Coca-Cola…
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Diabetes: Coca-Cola, Pespi, five others agree to limit sugar content of drinks
Seven major drinks companies including Coca-Cola and PepsiCo will limit the sugar content of drinks they sell in Singapore, as part of the city-state’s campaign to fight diabetes. Singapore is one of the first countries in Asia to target sugary drinks, bringing it in line with many Western nations that have sought to mitigate the…
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CPC secures N17m judgment against Coca-Cola
The Director General of Consumers Protection Council (CPC) Mr. Babatunde Irukera has secured a N17 million judgment against Coca-Cola International Company at the Supreme Court for wrongfully terminating the employment of a Nigerian, Mrs. Titilayo Akisanya. In the judgment delivered on June 30, 2017, the Supreme Court affirmed the decision of the Court of Appeal…
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Samsung is the number one most admired brand in Africa, report says
Samsung has emerged as the number one most admired brand in Africa, according to Brand Africa’s 2016/17 list of Most Admired Brands in Africa. The company grew its brand value by 13 percent; a progress that can be credited to Samsung’s expedient recall and customer service solutions, according to CNN. “Slow growth and challenging economic…
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Coke CEO Muhtar Kent to step down May 1, to be succeeded by current COO
The Coca Cola Company on Friday announced the stepping down of its current Chief Executive Officer, CEO Muhtar Kent after nearly a decade at the helm. James Quincey, the company’s current president and chief operating officer, will succeed Kent as CEO on May 1, 2017. Kent will continue as chairman of the board of directors,…