Financials & Economy
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Molson Coors’s revenue falls short by 0.67% as inflation limit consumers spending on beer
US – Multinational beverage company, Molson Coors has reported a 0.67% decline in second-quarter net sales as consumers limit their spending on beer due to…
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Dangote Sugar sweetens 2022 outlook with positive performance in first half year
NIGERIA – One of Nigeria’s leading sugar processors, Dangote Sugar Refinery has recorded a revenue growth in the six months ended June 2022 from N131.95…
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Nigerian Breweries posts triple digit growth on half year profit driven by strong portfolio, pricing strategy
NIGERIA – Nigerian Breweries Plc (NB Plc), subsidiary of Heineken International, has registered a 31% rise in half year revenue for the period ended June…
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Britvic expands Rugby factory’s canning line, posts 11.2% rise in revenue
UK – British soft drinks producer, Britvic, has officially opened the new canning line that is part of a £26.9million (US$ 27.41m) investment in the…
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Flour Mills of Nigeria’s attains 45% growth in top-line performance in Q1
NIGERIA – Nigeria’s leading integrated Food and Agro-allied group, Flour Mills of Nigeria Plc has reported a 45.3% rise in first quarter revenue to N339.6billion…