…a 3.34 per cent gain, while the Commodity sector advanced 2.58 per cent. Banking and Consumer Goods indices each gained 0.87 per cent, while the Industrial Goods sector appreciated 0.71 per cent. Trading activity strengthened during the session, although the number of transactions declined. Total volume traded increase…
Nigerian Breweries topped Nigeria's consumer goods revenue ranking in H1 2026, crossing a milestone no listed company in the sector had reached beforeBUA Foods ranked second by revenue but pulled ahead of every rival on profit, accounting for nearly half of the combined earnings of the top 10 firmsThree breweries featu…
…negative, with the banking sector recording the biggest decline of 1.82 per cent. The consumer goods and oil and gas sectors also closed lower by 0.03 per cent and 0.01 per cent respectively. The insurance sector, however, gained marginally by 0.04 per cent, while the industrial goods and commodities sectors closed fla…
…capitalisation of the equities market. The 24 companies, drawn largely from the banking, consumer goods, industrial goods and energy sectors, have a combined market capitalisation of N117.01 trillion, underscoring the high concentration of value among a relatively small number of companies on the NGX. The market capita…
…and production facilities in Nigeria across pharmaceuticals, power, construction, consumer goods, healthcare and other services. With healthcare is emerging as a major area of cooperation, India’s Deputy High Commissioner to Nigeria, Vertika Rawat, said Indian pharmaceutical exports to Nigeria reached $315 million in 2…
…August 26.Data showed that the market downturn was driven by profit-taking in banking, consumer goods, industrial, and oil & gas stocks, despite mild gains recorded in the insurance sector.The market’s year-to-date return has dropped to 35.56% while the week’s return after 4 days of trading is in the red zone at –0.32%…
…that is shutting ordinary Nigerians out of home ownership, car ownership and basic consumer goods, citing the Central Bank of Nigeria's own Household Expectations Survey as evidence.The statement, dated Saturday, August 8, was released through Atiku's Senior Special Assistant on Public Communication, Phrank Shaibu.Atik…
…businessman and a key leader of IFFCO Group, one of the Middle East's largest consumer goods and food manufacturing companies. Since joining the UAE business in 1975, he has helped grow the Sharjah-headquartered company into a global enterprise.Under his leadership, IFFCO has expanded to more than 100 countries with we…
…Law and MBA degrees, has spent six years building brands across telecom, fintech, and consumer goods. The post Success in business comes from defining data before falling in love with ideas — Rita Agyei, lawyer, business consultant appeared first on Tribune Online.
…various sectors, including manufacturing, hospitality, pharmaceuticals, and fast-moving consumer goods (FMCG), marking a significant milestone in the company’s efforts to enhance domestic gas utilisation and expand energy access across […] The post Axxela expands gas distribution across critical domestic network appear…
…Monday’s losses on Tuesday as renewed buying interest across insurance, industrial and consumer goods stocks lifted investors’ wealth by ₦481.18 billion, amid growing expectations that the ongoing release of half-year corporate earnings will sustain market momentum. The benchmark NGX All-Share Index rose by 0.30 per ce…
…deliveries into "quick commerce," offering rapid delivery of groceries and small consumer goods.Under the agreement, Uber will acquire Delivery Hero's operations in 50 markets worldwide. As part of the transaction, U.S.-based investment firm SSW Partners will acquire Delivery Hero's businesses in another 14 markets whe…
…middle class, it has become one of the fastest-growing segments of the country’s consumer goods industry. The spirits market alone is estimated at almost $2 billion, while the sweet wine segment generates between $400 million and $420 million annually. Beer accounts for roughly 55 percent of Nigeria’s alcoholic beverag…
The combined finance costs of 12 leading fast-moving consumer goods companies listed on the Nigerian Exchange declined by 23.02 per cent to N67.66bn in the first quarter of 2026, from N87.90bn in the corresponding period of 2025, signalling stronger profitability, lower debt burdens and increased reliance on equity fin…
…organisations cut across banking, financial services, manufacturing, industrial goods, consumer goods, oil and gas, telecommunications, insurance, fintech and even the SME sector. To support this transition, the Financial Reporting Council has organised over 47 training sessions, workshops and technical engagements, re…
…average return of roughly 46.8% by June 19, 2026. What you should know: The banking and consumer goods sectors have underperformed in the review period. The NGX Banking Index at +35.77% has underperformed the ASI by approximately 16 percentage points - a striking gap for a sector that dominates NGX trading volumes and…
…30 Index - tracking the exchange's most capitalized stocks - declined by 3.64%. The NGX Consumer Goods Index and NGX Oil & Gas Index recorded relatively contained losses of 1.61% and 1.06% respectively, suggesting some residual support in defensive and commodity-linked names. More insights: Cornerstone Insurance emerge…
…(c) full employment of its human resources, (d) be "self-sufficient in non-durable consumer goods"; (e) "produce enough to raise the level of consumption as well as the standard of living for all the citizens". Prof. Dudley's critical intervention intersected with and interrogated Awolowo's detailed ideological framewo…
…old N100 price and above band have been reclassified into Group C Every bank stock, most consumer goods names, and virtually every stock ordinary Nigerians trade daily now sits in Group C: GTCO, Zenith Bank, Access Holdings, UBA, FirstHoldCo, Fidelity Bank, Dangote Sugar, Nigerian Breweries, Transcorp, and many more. F…