Nigerian consumer goods

Nigerian consumer goods

More pain for consumer goods firms as transport costs rise by 27%

Olamide Ologunagbe Mar 24, 2023

The rising cost of transportation, linked to the increasing price of diesel is biting hard on manufacturing companies, especially Fast-Moving...

Nigerian consumer goods

Consumer goods firms post N1.6trn revenue in nine months

Favour Ashinze Jan 02, 2023

In the face of very challenging macroeconomic events characterised by rising inflation, energy prices, interest rates, and weakened consumer purchasing...

Nigerian consumer goods

Consumer goods firms’ operating profit surges to N130bn in H1

Folake Balogun Oct 10, 2022

Nigeria’s consumer goods firms recorded a huge increase in operating profit which rose by 91.6 percent to N130.18 billion in...

Nigerian consumer goods

Consumer firms reduce leverage with finance costs down to 3 year lows

BusinessDay Nov 20, 2017

Nigerian consumer goods firms have reduced leverage by paying down loans and swapping debt for equity leading finance costs to...

Nigerian consumer goods

Consumer firms gross margins rebound from recession lows

Olamide Ologunagbe Nov 13, 2017

Nigerian consumer good firms are beginning to see margin expansion following the worst recession in 25 years which saw their...