BusinessDay
Nigeria's leading finance and market intelligence news report.

Consumer goods firms disappoint market with quarterly results

… as COVID-19 damps productivity

The number of consumer goods firms failing to turn a profit has jumped to a level last seen after 2016 recession, as downturn caused by the coronavirus (COVID-19) pandemic hits businesses across Nigeria. As restriction on social events, social clubs and bars slows demand for products, the hardest hit from the pangs of the current…



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