Search Results for "Consumer Goods"
19 results found
NGX market cap hits N158.96trn as ASI gains 0.77%

…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…

Investment by nigerianewsfeed · 8 days ago · 0 comments · 9 views
See list of 10 consumer goods companies in Nigeria by revenue

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…

Business by nigerianewsfeed · 20 days ago · 0 comments · 15 views
NGX sheds N544bn as banking stocks drag market lower

…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…

Business by nigerianewsfeed · 23 days ago · 0 comments · 14 views
How 24 firms control over 70% of Nigeria’s stock market

…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…

Business by nigerianewsfeed · 23 days ago · 0 comments · 16 views
India-Nigeria trade hits $9bn as firms deepen local production

…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…

Business by nigerianewsfeed · 24 days ago · 0 comments · 18 views
Find out more as SEC releases names of 6 persons, 3 firms linked to terrorism, issues fresh order

…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%…

Business by nigerianewsfeed · 25 days ago · 0 comments · 14 views
Atiku Blames Tinubu's Policies for Skyrocketing Cost of Living: Jollof Rice Prices Take a Hit

…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…

Politics by nigerianewsfeed · 1 mon ago · 0 comments · 16 views
The 15 richest people in Dubai — royals, developers, and the ones you've never heard of

…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…

lifestyle by nigerianewsfeed · 1 mon ago · 0 comments · 21 views
Success in business comes from defining data before falling in love with ideas — Rita Agyei, lawyer, business consultant

…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.

Business by nigerianewsfeed · 1 mon ago · 0 comments · 12 views
Axxela expands gas distribution across critical domestic network

…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…

Business by nigerianewsfeed · 1 mon ago · 0 comments · 14 views
Investors gain N481bn as NGX rebounds on earnings optimism

…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…

Business by nigerianewsfeed · 1 mon ago · 0 comments · 17 views
Uber to take over Delivery Hero in £12.7bn merger deal

…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…

Business by nigerianewsfeed · 1 mon ago · 0 comments · 17 views
Crushing Nigeria's illicit alcohol trade before it costs more lives

…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…

Business by nigerianewsfeed · 2 mons ago · 0 comments · 21 views
FMCG firms slash finance costs by 23% in Q1

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…

Business by nigerianewsfeed · 2 mons ago · 0 comments · 22 views
Firms risk losing global capital without sustainability reports, FRC warns

…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…

Business by nigerianewsfeed · 2 mons ago · 0 comments · 51 views
NGX mid-year sector scorecard: Oil & Gas soars 111% as Banking, Insurance trail

…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…

Business by nigerianewsfeedofficial · 2 mons ago · 0 comments · 28 views
Best performing Nigerian stocks for the week ended June 19, 2026

…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…

Business by nigerianewsfeedofficial · 2 mons ago · 0 comments · 27 views
NPSA, the ideology for Nigeria and political science praxis

…(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…

Politics by nigerianewsfeedofficial · 2 mons ago · 0 comments · 20 views
NGX changes how stock prices move: How it affects your returns

…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…

Business by nigerianewsfeedofficial · 2 mons ago · 0 comments · 28 views
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