Nigeria’s top consumer goods firms staged a powerful rebound in the first quarter, as easing foreign exchange losses and resilient demand helped lift profits across a sector battered by last year’s currency crisis and inflationary surge.
Nestlé Nigeria, BUA Foods, Unilever, Cadbury, and Dangote Sugar all posted improved earnings or sharply reduced losses in the three months to March 2025.
The recovery points to renewed pricing power, tighter cost controls, and more effective FX risk management, j
Nigeria’s top consumer goods firms staged a powerful rebound in the first quarter, as easing foreign exchange losses and resilient demand helped lift profits across a sector battered by last year’s currency crisis and inflationary surge.
Nestlé Nigeria, BUA Foods, Unilever, Cadbury, and Dangote Sugar all posted improved earnings or sharply reduced losses in the three months to March 2025.
The recovery points to renewed pricing power, tighter cost controls, and more effective FX risk management, j
