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- January 22, 2025
Honeywell Flour Mills shares surge by 32% in January
NIGERIA – Honeywell Flour Mills Plc has emerged as the best-performing consumer goods stock on the Nigerian Exchange so far in January 2025, with its
Sooyah Bistro opens 12th outlet in Lagos
NIGERIA – Nigerian fast-casual chain Sooyah Bistro has launched its 12th outlet, situated in Yaba, Lagos. This milestone marks another chapter in the growth of
AfDB secures US$2.2B for Agro-Industrial Zones in Nigeria to boost agriculture, food security
NIGERIA – The African Development Bank (AfDB) has unleashed plans to release US$2.2 billion in funding for the development of Special Agro-Industrial Processing Zones (SAPZ)
Diageo partners Celebr-8 Lyfe to expand Nigeria’s premium spirits market
NIGERIA – Diageo, a global leader in the premium spirits industry, has entered into a partnership with Celebr-8 Lyfe to enhance the availability of Diageo’s
NAFDAC reinforces ban on imported frozen poultry
NIGERIA – The National Agency for Food and Drug Administration and Control (NAFDAC) has reminded the public of the ongoing ban on imported frozen chicken,
Champion Breweries secures shareholder approval for expansion, compliance measures
NIGERIA – Champion Breweries Plc has gained shareholder approval to issue up to 1,579,058,099 ordinary shares, a move aimed at meeting the Nigerian Exchange Ltd.
IBPLC’s Retailer Development Programme trains 1,000 retailers in 2024
NIGERIA – International Breweries Plc (IBPLC) continues to strengthen its commitment to entrepreneurship and economic growth through its 2024 Retailer Development Programme (RDP). Designed to
Planet Bottling Company unveils new beverage lineup made in Nigeria
NIGERIA – Planet Bottling Company, in collaboration with Monarch Beverages, has announced the launch of a diverse portfolio of beverage brands produced entirely in Nigeria.
JBS signs US$2.5B deal with Nigeria to boost food production
BRAZIL – Brazilian meatpacking giant JBS has signed a memorandum of understanding with Nigeria’s government to launch a US$2.5 billion investment initiative aimed at bolstering
PRIME Hydration makes West African debut in Ghana, Nigeria
GHANA/NIGERIA – PRIME Hydration, the globally recognized beverage brand co-founded by influencers Logan Paul and Olajide “KSI” Olatunji, has officially entered the West African market