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Beverages – Trade & Market Updates
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NAFDAC denies Federal Government order to suspend ban on sachet alcohol enforcement
NAFDAC says no official directive exists to halt enforcement of Nigeria’s sachet alcohol ban.
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Over half of Nigerian minors buy alcohol themselves – NAFDAC
NAFDAC-backed survey links small-pack alcohol to rising underage drinking across Nigeria’s six geopolitical zones.
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China cuts import tariffs on UK whisky to 5% after trade talks with Britain
Tariff cut on Scotch whisky aims to revive exports to China and strengthen UK spirits trade prospects.
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JILK Construction seeks court order to secure US$23M from Diageo ahead of planned EABL stake sale
JILK asks High Court to ring-fence funds from Diageo amid fears its Kenya exit could frustrate pending claims.
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EABL net earnings jump 37.7% as lower finance costs boost half-year results
Lower finance costs and steady regional conditions lift EABL earnings, prompting a higher interim dividend declaration.