Manufacturers in Nigeria saw a temporary easing in cost pressures in the first quarter of 2026, offering a modest reprieve after months of elevated production expenses. But the relief may prove short-lived as rising energy prices and renewed inflationary pressures begin to squeeze input costs again, raising fresh concerns over pricing, profitability, and consumer demand in the months ahead. An analysis of 19 companies’ first-quarter financial statements shows that the combined cost-to-revenue ratio declined to 46.68 percent in Q1 2026 fro
Manufacturers in Nigeria saw a temporary easing in cost pressures in the first quarter of 2026, offering a modest reprieve after months of elevated production expenses. But the relief may prove short-lived as rising energy prices and renewed inflationary pressures begin to squeeze input costs again, raising fresh concerns over pricing, profitability, and consumer demand in the months ahead. An analysis of 19 companies’ first-quarter financial statements shows that the combined cost-to-revenue ratio declined to 46.68 percent in Q1 2026 fro