…as firms face uncertain future, dwindling revenues, This is a season of business agony for alcoholic beverages firms producing sachet variety of alcoholic drinks. Reason:
November validation workshop sets stage for industry transformation as Nestlé, Danone, Promasidor intensify local production investments Nigeria’s push to overturn its $1.5 billion annual dairy import
Sri Lankan conglomerate’s strategic African acquisitions propel it to top producer status, but workforce reductions spark controversy in Kenya’s tea heartland NAIROBI, Kenya — In
As Coca-Cola, Pepsi, and other drinks giants battle soaring raw material expenses, state governors partner with federal regulators to localize sugar production—potentially saving the industry
Presidential directive on excise duty increases remains missing despite reform deadlines Nigeria’s ambitious plan to raise hundreds of millions of dollars from higher taxes on
Global energy drink giant Monster Beverage Corporation has reported impressive financial results for 2025, with revenue surging 17% year-over-year to reach $2.20 billion in the
By Victor Owencho Employers’ group says regulatory uncertainty threatens investor confidence as NAFDAC ignores suspension order Nigeria’s apex employers’ organization has delivered a scathing critique
By Victor Owencho Lagos emerges as strategic entry point for premium Italian labels as wine consumption surges among young, affluent Africans LAGOS, Nigeria — In
By Victor Owencho As Nigeria intensifies efforts to slash its annual $1.5 billion dairy import bill, Promasidor Nigeria’s Ikun Dairy Farm in Ekiti State has
By Victor Owencho A landmark United Nations report has declared the world has entered an era of “global water bankruptcy,” sending shockwaves through the global
