FMCG

  A report by Afrinvest has affirmed that one veritable way to curb the surge in inflation in Nigeria would was reducing tariffs on food imports. The report predicts that the upcoming release of inflation figures, scheduled for tomorrow, will show a continued upward trend, reaching 27.9 percent, marking a 102 basis points increase compared […]

Popular pay-Tv operator in Nigeria, Multichoice Nigeria, has announced another subscription increment across its DStv and GOtv packages by at least 19%. Coming as the second increment this year after the first one was implemented on May 1, 2023, Multichoice said the latest increment takes effect from Monday, November 6. While the increment announced in

  Germany’s leading consumer Electronics Company, BTech Germany,  in partnership with Nigeria’s leading fast moving consumer goods company, CubanaFMCG,  is set to launch bespoke  consumer electronics  products –some of the world’s  smartest and most innovative technology  products. Announcing the planned launch , the company stated that the footprint into Africa’s biggest market is a landmark

  Former President Olusegun Obasanjo, has confirmed that Nigeria can overcome its foreign exchange crisis and the naira free-fall if only she diversifies into non-oil exports, particularly agribusiness. Obasanjo made the assertion in Abeokuta at the closing ceremony of a week-long intensive “Agribusiness Export Readiness Accelerator Training Programme” for entrepreneurs drawn from across the country.

  A combination of rising interest rates and naira devaluation has dealt a severe blow to the financials of many fast-moving consumer goods (FMCG) firms as their borrowing costs skyrocketed in the first half of the year. Analysis of the data from their financial statements show that the total finance cost of 10 FMCG firms

  The Lagos State Government has announced the immediate reopening of Mile 12 International Market, as it has now met all prescribed environmental standards and safety requirements. Recall that Mile 12 International Market was sealed along with Owode Onirin Market for environmental violations on Friday. However, the Lagos Commissioner for the Environment and Water Resources,

  Operators within the Nigerian consumer goods space are adopting new strategies to cushion the effects of a decreasing consumer spend trigged by a headline inflation currently pegged at 24.08 percent. Speaking during an interactive session with newsmen, Ade Sun-Basorun, Chief Executive Officer of FoodCo Nigeria, a diversified consumer goods company and a top 5

  The over 40 developed and developing countries with gender inequalities pay a huge price with more poverty and deprivation. United Nations Country representative, UN Women Nigeria, Mrs Beatrice Eyoung, said when gender equality is mainstreamed, it becomes  a catalyst for economy to flourish. Eyong stated that from studies women lead 90 per cent of

Excellent team service is undoubtedly a cause for celebration in any organization. When your team consistently delivers exceptional service to customers, it reflects positively on your brand and can lead to increased customer loyalty and satisfaction. However, before you break out the champagne, it’s crucial to consider a few key points. Consistency Matters: Excellent team

  The Federal Competition and Consumer Protection Commission (FCCPC) has said, it has summoned Erisco Foods Limited for allegedly arresting a dissatisfied consumer for her negative review of one of their products. According to reports, one Chioma Egodi Jnr. on Sept. 17, expressed her dissatisfaction on Facebook after using Nagiko Tomato Mix, one of the