Monday, 5th December 2022
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Ade Sun-Basorun

28 Sep
Operators in the Nigerian modern retail sector have been charged to adapt to the rapidly-evolving dynamics in the ecosystem to remain viable.
19 Jun
Nine years ago, when a McKinsey report forecasted a $40 billion growth opportunity in Nigeria’s food and consumer goods sector, the general outlook was towards a boom that would benefit all stakeholders within the space.
13 May
FoodCo Nigeria Limited has been listed as one of Africa’s fastest growing companies in the 2022 inaugural FT Annual Africa Fastest Growing Companies’ ranking.
25 Mar
The Chief Executive Officer of FoodCo Nigeria, Ade Sun-Basorun, has called on operators within Nigeria’s formal retail sector to integrate digitisation into their operations to achieve scale and position ...
18 Feb
Amid a projected 5.1 per cent Compound Annual Growth Rate (CAGR) for the global Quick Service Restaurants (QSR) industry between 2020 to 2027, Nigeria’s bourgeoning middle class and its young population pegged at about 60 per cent...
19 Dec 2021
When news broke last year that Shoprite, Africa’s largest grocery retailer, was selling off its stake in Nigeria, the announcement sent shock waves around the country.
21 Oct 2021
With retail penetration in the country currently estimated at five per cent, lower than its peers in other African countries, FoodCo Nigeria Limited has expressed optimism about opportunities in the Nigerian retail sector.
15 Sep 2021
Local manufacturers have been urged to partner with the consumer retail sector to boost supply shortfalls caused by the current slump in the global economy and COVID-19 fuelled market disruptions.
31 Jul 2019
Operators within the Nigerian retail economy have been charged to integrate technology into their processes for better service delivery, and to help the sector achieve its growth potential of $40 billion by 2020.
23 May 2019
As part of efforts to build capacity for the consumer goods retail sector in Nigeria, FoodCo Nigeria Limited, a diversified consumer goods company with interests in retail, manufacturing and fast food, has instituted a fellowship aimed at preparing MBA students for leadership in this category. This is against the backdrop of projected growth in the…


7 mins ago
Spain coach Luis Enrique set each of his players the "homework" of practising 1,000 penalties ahead of the World Cup, saying he is convinced they are not a lottery.
18 mins ago
The National Emergency Management Agency (NEMA) has concluded arrangements for the distribution of relief food items donated by King Salman Humanitarian Aid and Relief Centre (KSrelief) to 16,000 households of Internally Displaced Persons (IDPs) living in 8 camps and host communities in Borno State. A standard quantity of 16,000 food baskets, each comprising a bag…
22 mins ago
Nigeria on Monday resumed a train service linking the capital with a northern city, eight months after it was suspended following one of the country's most high-profile attacks.
33 mins ago
The United States and allies Monday welcomed the signing of an initial deal between Sudan's military and civilian leaders to end a political crisis sparked last year by a coup.
44 mins ago
The New Nigeria People's Party (NNPP) has dismissed the adoption of the presidential candidate of the People's Democratic Party (PDP), Atiku Abubakar for the 2023 presidency.