Retail & Consumer Goods

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

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 months 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

4 months 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

4 months 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

5 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

5 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

6 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

6 months ago

How Elliott Hill Rose from Sales Rep intern to CEO at Nike, To Earn $27 million

Elliott Hill has been scheduled to become the new Chief Executive Officer (CEO) of Nike, the global sneaker and sportswear… Read More

10 months ago

Huawei Faces Supply Chain Challenges as Mate XT Pre-Orders Soar Past 6.5 Million

Supply chain constraints and high production costs have reportedly led to the limited stock of the world’s first tri-folding smartphone,… Read More

10 months ago