The Coca-Cola Company has reported a $393 million impairment charge tied to the sale of Chi Limited. The disclosure appeared in its Q3 2025 financial statements, highlighting the cost of its exit from Nigeria’s juice and dairy market.
In the third quarter of 2025, Coca-Cola announced the sale o
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David Olujinmi
David Olujinmi is a financial journalist, with a knack for reporting and analysing the capital markets. He has experience in reporting the Nigerian and African financial scene.
With a Bsc in Chemical Engineering from the Obafemi Awolowo University, he has a significant grasp of numbers that has aided his understanding of the financial context.