![](https://guardian.ng/wp-content/uploads/2024/06/FMCG-1-1024x576.jpg)
No respite for investors as rising costs shrink FMCG firms’ earnings
The effect of naira devaluation, rising inflation and interest rate hikes has continued to take a huge toll on the performance of firms under the fast-moving consumer goods (FMCG), causing their financial