Nigeria’s operating environment facing tough times amid increased competitiveness: All eyes on Nigeria’s brewery industry
By CNBC
04 September 2019 |
8:04 am
Earnings from brewery companies in Nigeria have been a mixed bag so far this year. So what do the results say of Nigeria's brewery industry's operating environment and consumer spend? Ifedayo Olowoporoku, Analyst at Vetiva joins CNBC Africa for more.
In this article
Related
8 hours ago
Related
4 days ago
The US Federal Reserve has decided to keep its benchmark interest rate steady at 5.25 to 5.50 percent. Fed Chairman Jerome Powell said while inflation has eased significantly over the past year, it's still too high, and that while wage growth has slowed down, the labour market remains tight.
3 days ago
The devaluation of the naira against the dollar has plunged Nigerians into a deep socio-economic depression. The price of basic foodstuffs can double or even triple in the same day.
4 days ago
The number of foreign direct investment projects in Europe fell 4 percent in 2023 compared to the previous year, the first decline since the pandemic.
4 days ago
China's minister of commerce is in Europe for a week-long trip, with a focus on pushing back against accusations of unfair state subsidies in the Chinese electric vehicle sector.
8 hours ago
Georgia has erupted in protest once again, as the ruling Georgian Dream party pursues a "foreign agents" bill in parliament – something that has left a question mark hanging over the country’s European ambitions. The EU granted the ex-Soviet nation candidate status to join the bloc last December. We speak to Georgia's President Salomé Zourabichvili, who plans to veto the final draft of the law, but admits that parliament can still override her veto. That makes the October 26 election even more crucial for re-asserting the country’s European path, she says.
13 hours ago
Cryptocurrencies such as bitcoin promise quick profits – an attraction that aids scammers fleecing investors of their funds.
Latest
32 mins ago
With inflation taking a toll on people's finances and amid a growing sense of responsibility towards the climate, second-hand shops are booming across the globe.
36 mins ago
The Chinese and French media have differing views on President Xi Jinping's state visit to France. Also, the Israeli government bans Al Jazeera in the country, a move which is widely condemned. In other news, fish are shrinking and scientists are desperate to figure out why. Finally, the feud between rappers Drake and Kendrick Lamar is getting more and more personal.
2 hours ago
The president of the Democratic Republic of Congo, Félix Tshisekedi, talks to DW about the "macabre trafficking" of minerals, how he wants to work with Apple, and why he considers Rwandan President Paul Kagame a thief.
2 hours ago
Polling stations open in Chad for a presidential election that will bring transition to a close.
3 hours ago
The US has accused Russia of using chemical weapons in Ukraine. These wouldn't be the first, nor the only illegal weapons used — by both sides — in the ongoing war.
3 hours ago
At least 60 people have been killed as southern Brazil endures its worst flooding in more than 80 years. Rescuers are battling torrential rains as they search for missing people in the state of Rio Grande do Sul.
×
Get the latest news delivered straight to your inbox every day of the week. Stay informed with the Guardian’s leading coverage of Nigerian and world news, business, technology and sports.
0 Comments
We will review and take appropriate action.