FMCG
12 Nov
Three fast-moving consumer goods (FMCGs) firms listed on the Nigerian Exchange Limited (NGX) spent close to N1.3 trillion as cost of sales in nine months.
31 Oct
The crisis facing the fast-moving consumer goods (FMCG) segment may not abate any time soon as two firms under the sector incurred a foreign exchange (FX) loss of N300 billion in their nine months of operations.
10 Oct
Inefficient waste recovery in the fast-moving consumer goods (FMCG) and food and beverage sectors cost the Nigerian economy a staggering N3 trillion in fiscal losses yearly.
10 Sep
Partner at Kreston Pedabo, Kehinde Folorunsho, has attributed the staggering N818.3 billion combined loss reported by key players in Nigeria's Fast-Moving Consumer Goods (FMCG) sector to unfavorable government policies.
5 Sep
In an insightful conversation with The Guardian’s Ifeanyi Ibeh, Olufemi Theophilus, a manufacturing expert with over 12 years of experience, sheds light on the evolving challenges and opportunities within Nigeria’s Fast-Moving Consumer Goods (FMCG) industry. With his vast knowledge of supply chain dynamics, regulatory complexities, and the rise of advanced technologies, Theophilus delves into the…
14 Aug
The crises affecting firms under the manufacturing and fast-moving consumer goods (FMCG) sector may have caused six listed firms an average of 25 per cent loss in their share price valuation in the last seven months.
7 Jun 2024
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 cost to soar.
8 Apr 2024
The commercial papers (CPs) market has continued to witness a surge in activities as corporates that suffered exposure to foreign exchange (FX) liabilities seek cheaper funds to boost working capital and navigate uncertainties.
Latest
2 hours ago
Popular nightlife entrepreneur Pascal Okechukwu, popularly known as Cubana Chief Priest, has addressed claims by a woman alleging that he fathered her child. In a response shared via his Instagram story today, January 5, 2025, the socialite hinted at conducting a DNA test to debunk the allegations. He wrote, “Fake Azaman no work. Fake brother…
2 hours ago
A devastating gas explosion occurred on Sunday at Big Tree, Orazi in Port Harcourt, leaving over 20 persons, including children, severely burned. The incident has sent shockwaves through the community, with many of the victims receiving treatment at the Rivers State University Teaching Hospital. According to eyewitnesses, the explosion occurred in the afternoon, and firefighters…
2 hours ago
The Katsina State Police Command has confirmed the killing of the Chairman of Miyetti Allah Cattle Breeders Association of Nigeria (MACBAN) in Katsina State, Amadu Surajo. Spokesperson for the police command, ASP Abubakar Aliyu, made the confirmation in a statement he issued to newsmen on Sunday afternoon. Also known as Rufai, Surajo…
3 hours ago
Popular nightlife entrepreneur Pascal Okechukwu, popularly known as Priest Cubana Chief, has vowed to secure the release of Speed Darlington, who is currently in police custody. Priest Cubana Chief announced the plan today, January 5 2025, He wrote on Instagram, “Tomorrow we coming for you, Akpi Nwamama (Speed Darlington). Monday is almost here. Make we…
3 hours ago
Gov Yusuf visits father’s grave on 62nd birthday By Murtala Adewale, Kano Kano State governor, Alhaji Abba Kabir Yusuf, on Sunday, paid a visit to his late father's grave at Dandolo Cemetery to offer special prayers on his 62nd birthday. The governor dedicated quality time during his visit to pray for the…
3 hours ago
Ondo State governor, Lucky Aiyedatiwa, has declared three days of mourning and prayers in honour of the late Secretary to the State Government (SSG), Hon. Temitayo Oluwatuyi, who passed away on Saturday following a car accident. During a condolence visit to the Oluwatuyi family in Akure, Governor Aiyedatiwa praised the late SSG as a distinguished…
3 hours ago
Apex Igbo socio cultural organization, Ohanaeze Ndigbo said on Sunday that it is ready for the January 10, 2025 election for the national executives, stressing that no fewer than three people have picked forms from Rivers state for the president general position. The President General position is zoned to Rivers State as the election is…
3 hours ago
Frustrated Bruno Fernandes said if Manchester United can perform at Anfield they must "do it everywhere" after the crisis-hit side secured a 2-2 draw against Premier League leaders Liverpool on Sunday. Cody Gakpo cancelled out Lisandro Martinez's shock opener for United before Mohamed Salah put Liverpool ahead from the penalty spot, but Amad Diallo scored…
3 hours ago
Disney's animated drama "Mufasa: The Lion King" reigned over North America's box office this weekend, surpassing "Sonic the Hedgehog 3" to start the new year with an estimated $23.8 million take, industry watcher Exhibitor Relations reported Sunday. The showing pushed "Mufasa" to a domestic total of $168.6 million over three weekends, propelling it into the…
4 hours ago
Travellers returning to their abodes and workplaces after the Christmas and New Year celebrations have decried the exorbitant fares across motor parks in Ibadan on Sunday. The News Agency of Nigeria (NAN) reports the commuters claimed to have paid less while travelling for the celebrations than returning. A passenger, Mrs Rose Adeleke, said those who…