20 Billion- Dollar Companies on NGX

20 companies listed on the Nigerian Exchange Group (NGX) now have a combined market capitalisations above $1 billion. The rankings are based on the official exchange rate of N1,362.20/$1 and closing share prices on Monday, July 28, 2026. Telecoms, banking, cement, consumer goods, energy and hospitality firms all feature in the billion-dollar club. MTN Nigeria…

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India Orders Pepsi, Red Bull To Remove ‘Energy Drink’ from Products Labels

India has ordered manufacturers of high-caffeine beverages marketed as “energy drinks” to stop using the description, warning that claims suggesting such beverages “vitalise body and mind” or “aid in general weakness” are misleading. The Food Safety and Standards Authority of India (FSSAI) issued notices earlier this month stating that there are no recognised Indian standards…

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