Retail & Consumer Goods

Nigerian Breweries PLC Rebounds with N44.55 Billion Profit in Q1 2025, Reversing N52.09 Billion Loss

Nigerian Breweries PLC Rebounds with N44.55 Billion Profit in Q1 2025, Reversing N52.09 Billion Loss

Nigerian Breweries PLC, a leading player in Nigeria’s beverage industry, reported a stellar performance in its unaudited condensed interim financial… Read More

1 week ago

Johnson & Johnson Reports $21.9 bn in Revenue for Q1 2025, Beating expectations of $21.6 bn

Johnson & Johnson (JNJ) released its Q1 2025 earnings report on April 15, 2025, showcasing a stellar performance that exceeded… Read More

2 weeks ago

PZ Cussons Nigeria Appoints Leading Corporate Governance Expert, Dr. Anthony Idigbe SAN, as Independent Director

PZ Cussons Nigeria Plc has announced the appointment of Dr. Anthony Ikemefuna Idigbe, SAN, as an Independent Non-Executive Director, effective… Read More

3 weeks ago

UAC Packaged Food and Beverages Segment Hits ₦58 Billion Revenue, Launches Four New Products

UAC of Nigeria PLC’s Packaged Food and Beverages segment more than doubled its revenue in 2024, reaching ₦58 billion compared… Read More

4 weeks ago

Dangote’s new product could save Nigeria $267m annually – MAN

Nigeria’s manufacturing landscape is set for a major transformation with Dangote Petroleum Refinery & Petrochemicals launching polypropylene production. This initiative,… Read More

1 month ago

Nigerian Breweries Sets Agenda for 79th AGM, Proposes N222.44 Million Remuneration for Directors

Nigerian Breweries PLC has announced the agenda for its 79th Annual General Meeting (AGM), scheduled to take place virtually on… Read More

1 month ago

Naira’s sharp fall casts long shadow over MTN Nigeria, Nestlé and Lafarge Africa in 2024

A few themes shaped Nigeria’s corporate results in 2024 as dramatically as the naira’s relentless depreciation. Since mid-2023, the Central… Read More

2 months ago

Explainer: Nigeria’s CPI Rebasing: Methodology, Significance, and Key Findings

The Consumer Price Index (CPI) is a critical economic measure that tracks changes in household spending on goods and services.… Read More

2 months ago

Costco Announces $30 per hour Wage Increase Amid Union Negotiations

Costco Wholesale Corporation has announced that it will immediately raise the hourly wages of most U.S. store workers to over… Read More

3 months ago

Consumer goods sector struggles as market valuation declines

  The Nigerian consumer goods sector is currently grappling with significant challenges, as key stocks in the beverages, food products,… Read More

3 months ago