Nigeria Content Online

Cadbury Nigeria (CADBURY.LG)
said on Monday its net loss more than halved to 1.2 billion naira ($8 million)
last year from a 2.75 billion naira loss in 2008 while turnover rose around 5
percent.

The firm also said it had paid off bank debts, which helped drive it to
a loss in 2008, following the successful conclusion of a rights issue. It said
senior Nigerian banker Atedo Peterside had been appointed as its new chairman.