Wednesday
September 25
2024

Coca-Cola Plans to Invest $1 Billion in Nigeria Operations, Presidency Says

Coca-Cola plans to invest $1 billion in its Nigeria operations over the next five years, the country’s presidency said after a meeting between President Bola Tinubu and senior executives of the soft drinks maker on Thursday.
Tinubu met John Murphy, president and chief financial officer of Coca‑Cola (KO.N), opens new tab, Zoran Bogdanovic, CEO of Coca-Cola HBC (CCH.L), opens new tab – one of Coca-Cola’s many bottlers worldwide – and several other company officials as he seeks to attract investment into the economy.
Photo courtesy of Marcus Linder.

Source: Reuters (link opens in a new window)

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Investing
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corporations