Beverages – LATEST NEWS
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NAFDAC busts fake alcohol syndicates in Lagos, seizes US$258.9K worth of counterfeit drinks
NAFDAC dismantles illegal alcohol production sites in Lagos, seizing N350 million in counterfeit drinks amid growing concerns over health risks and Nigeria’s expanding illicit beverage market.
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Keurig Dr Pepper posts 9.4% Q1 sales growth to US$4B as beverage demand offsets coffee weakness
Keurig Dr Pepper posts strong Q1 growth driven by beverages, while coffee segment faces headwinds from weaker demand and rising costs.
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Edita Food Industries reports 29% revenue growth to US$397.2M in FY2025 as net profit jumps 72.6%
Edita Food Industries posts strong FY2025 growth, driven by rising demand, improved margins, and expanding exports across regional markets.
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Ojaja soft drinks introduces two new variants to promote local manufacturing, healthier beverages in Nigeria
Ojaja Soft Drinks launches locally produced cola and orange beverages, highlighting Nigeria’s manufacturing potential, natural ingredients, and a broader push for economic growth and cultural pride.
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Treasury Wine Estates shares surge 17% after recovery plan, regional restructuring strategy
Treasury Wine Estates unveils restructuring plan and debt rescheduling, boosting investor confidence as shares jump 17% amid strong Penfolds demand in China and key global markets.