Beverages
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Nigerian Breweries Q1 2026 profit rises 25.6% to US$41.3M
Nigerian Breweries posts strong Q1 2026 profit growth, supported by premium brands and cost control, despite rising expenses and a volatile global operating environment.
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Nestlé to sell Blue Bottle Coffee to Centurium Capital
Nestlé confirms Blue Bottle Coffee sale to Centurium Capital as strong coffee demand boosts Q1 performance across global markets.
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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.