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NGX, CFA Society Nigeria Collaborate To Build Capacity For Efficient Derivatives Market

<p><span>Nigerian Exchange Limited (&ldquo;NGX&rdquo; or &ldquo;The Exchange&rdquo;) and CFA Society Nigeria are set to host a series of workshops and trainings aimed at building capacity of market participants and deepening liquidity for derivatives products in the Nigerian capital market. The first in the series of workshops, themed &ldquo;Derivatives and the Nigerian Capital Market&rdquo;, will hold on Wednesday, 23 March 2022 via Zoom.</span></p>

Plan to turn Nigerian palm tree spirit into premium drink

Don t show me this message again✕ The drink is made using techniques that are centuries old (AFP via Getty Images) Chibueze Akukwe sticks a label on a bottle of an upmarket Nigerian spirit in a factory in Lagos. He hopes stylish branding will help sell the tipple, fermented in nearby villages using techniques dating back centuries, to upmarket customers. A spirit called Ogogoro, referred to locally as “gin”, is extracted from palm trees before undergoing fermentation. The resulting drink is cheap, but varies in potency and quality. Mr Akukwe and his business partner Lola Pedro are aiming higher with Pedro’s palm spirit, combining traditional techniques with modern distillation processes to attract wealthy drinkers at home and abroad. Pedro’s is already sold in Ghana, Kenya and Britain.

Nigerian duo hope to turn local spirit into premium brand

3 Min Read LAGOS (Reuters) - Chibueze Akukwe sticks a label on a bottle of an upmarket Nigerian spirit in a factory in Lagos. He hopes stylish branding will help sell the tipple, fermented in nearby villages using techniques dating back centuries, to upmarket customers. A spirit called Ogogoro, referred to locally as “gin”, is extracted from palm trees before undergoing fermentation. The resulting drink is cheap, but varies in potency and quality. Akukwe and his business partner Lola Pedro are aiming higher with Pedro’s palm spirit, combining traditional techniques with modern distillation processes to attract wealthy drinkers at home and abroad. Pedro’s is already sold in Ghana, Kenya and Britain.

How two Nigerians are turning Ogogoro into premium brand sold in Britain, Kenya, Ghana

How two Nigerians are turning Ogogoro into premium brand sold in Britain, Kenya, Ghana
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