Nigeria’s consumer goods sector is facing a paradox. While companies are posting impressive profits, their warehouses are filling up with unsold goods, a sign that consumers are buying less. According to the Manufacturers Association of Nigeria (MAN), unsold goods fell to N1.04 trillion in the first half of 2025, a 16.05 percent increase from the N896.2 billion recorded in the second half of 2024, underscoring the toll of Nigeria’s economic hardship on household spending. During the release of the Q3 2025 Manufacturers' CEO Confidence Ind
Nigeria’s consumer goods sector is facing a paradox. While companies are posting impressive profits, their warehouses are filling up with unsold goods, a sign that consumers are buying less. According to the Manufacturers Association of Nigeria (MAN), unsold goods fell to N1.04 trillion in the first half of 2025, a 16.05 percent increase from the N896.2 billion recorded in the second half of 2024, underscoring the toll of Nigeria’s economic hardship on household spending. During the release of the Q3 2025 Manufacturers' CEO Confidence Ind