Nigeria’s brewery industry bounced back in 2024 with a remarkable 71.8 per cent year-on-year rise in revenue, hitting ₦1.9 trillion. This performance exceeded the earlier forecast of 39.2 per cent …
Manufacturing & Consumer Goods
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EconomyEnergyINVESTMENTManufacturingManufacturing & Consumer GoodsMarketsNigeria
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Business InsightsDigital EconomyFinance & ServicesManufacturing & Consumer GoodsMarketsSales Strategy
Gen Z vs Millennials: What’s Shaping Their Spending and Living Habits
The lines between Millennials and Gen Z often blur in memes and marketing campaigns—but when it comes to how they spend, save, live, and plan for the future, the differences …
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AviationManufacturing & Consumer GoodsNigeria
Panic on Air Peace Lagos-Abuja Flight After Conflicting Fault Reports Delay Takeoff
Passengers on an Air Peace flight from Lagos to Abuja experienced a tense and unsettling delay on Wednesday after conflicting reports from airline staff sparked confusion and panic aboard the …
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Finance & ServicesManufacturing & Consumer GoodsMarketsNigeria
Nestle, Honeywell, Beta Glass Lead as NGX Gains N257bn on Renewed Investor Interest
The Nigerian Exchange Limited (NGX) recorded a bullish session on Thursday, gaining N257 billion in market capitalisation as investors showed strong interest in consumer goods and industrial stocks, with Nestle …
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Brand ComparisonBusinessManufacturing & Consumer GoodsTechnologyUncategorized
Temu vs. AliExpress vs. Amazon: A Comprehensive Comparison
The landscape of e-commerce is vast and constantly evolving, offering consumers a global marketplace at their fingertips. Among the key players in this arena, Temu, AliExpress, and Amazon stand out, …
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BusinessBusiness InsightsBusiness PoliciesDangote IndustriesEconomyFinance & ServicesManufacturingManufacturing & Consumer GoodsMarketsNigeriaWestern Africa
Manufacturers Count N1.91bn FX Loss in Q1 2025 Amid Currency Volatility
Nigeria’s manufacturing sector continues to feel the pinch of unstable foreign exchange rates, as top firms recorded a combined N1.91 billion forex loss in the first quarter of 2025. This …
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BusinessBusiness InsightsFinance & ServicesManufacturing & Consumer GoodsMarketsNewsNigeria
adbury Nigeria Bounces Back with N5.97bn Profit in Q1 2025
Cadbury Nigeria Plc has returned to profitability with a strong N5.97 billion profit after tax for the first quarter of 2025, marking a major turnaround from the N7.32 billion loss …
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DevelopmentGOVERNMENTInfrastructureManufacturing & Consumer GoodsPolicies
FG to audit finances, operations of Ajaokuta Steel Company
The Federal Government has announced plans to begin a full technical and financial audit of the Ajaokuta Steel Complex and other major equipment under its care. This move is part …
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BusinessEconomyEnergyGOVERNMENTManufacturing & Consumer Goods
NNPCL raises petrol pump price to N950/litre
The Nigerian National Petroleum Company Limited (NNPCL) has increased the pump price of petrol to N925 per litre in Lagos and N950 per litre in Abuja, following weeks of speculation …
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BusinessManufacturingManufacturing & Consumer GoodsNigeria
Nigerian Breweries Secures Full Acquisition of Distell Wines and Spirits
In a bold move to consolidate its dominance in the alcoholic beverages sector, Nigerian Breweries Plc has successfully completed the full acquisition of Distell Wines and Spirits Nigeria Limited, expanding …