Updates

PepsiCo to Acquire Poppi

March 17, 2025/PepsiCo Company continues to evolve its portfolio through innovation and strategic acquisitions Company expands better-for-you offerings to meet consumer preferences and continue to serve new generations of consumers PepsiCo, Inc. (NASDAQ: PEP) (“PepsiCo”) today announced that it has entered into a definitive agreement to acquire poppi, a fast-growing […]

Rapid Response: Headline Inflation Slows to 23.18% Y/Y in February

March 17, 2025/Cordros Update Based on the rebased CPI data from the National Bureau of Statistics (NBS), Nigeria’s headline inflation slowed by 130bps to 23.18% y/y in February (January: 24.48% y/y). On a month-on-month basis, consumer prices fell to 2.04% (January: 10.68% m/m).

Dangote to Build 6 Mta Cement Plant in Itori, Largest Seaport at Olokola, also in Ogun State

… lauds Gov Abiodun’s Vision, Policies on attracting investment to Ogun State March 17, 2025/Dangote Group Africa’s foremost Industrialist and President of the Dangote Industries Limited, Aliko Dangote, has disclose his plan to build in Ogun State, a multi-billion-dollar Seaport, which will be the largest in Nigeria. He also said […]