Nigeria’s Food Inflation Rises Again as Cooking Oil Prices Surge
Nigeria’s food inflation continued to rise in June 2026, reaching 17.52 percent, marking the fifth consecutive month of increases. The ...
Tag: FMCG
Nigerian Consumer Spending 2026: Inflation Drives Value Shopping
Nigeria's consumer landscape is undergoing one of its most significant transformations in decades as persistent inflation, rising living costs and ...
Unilever Nigeria Appoints Modupe Femi-Okunbanjo as Executive Director
Unilever Nigeria Plc has appointed Mrs. Modupe Femi-Okunbanjo as an Executive Director, marking a significant leadership change at the consumer ...
Unilever Nigeria Rewards Shareholders as Profit Doubles in 2025
Unilever Nigeria Plc has credited its strong performance in the 2025 financial year to operational resilience and strategic investments that ...
FMCG Credit Sales Rise as Spending Power Weakens
A sharp deceleration in consumer spending power is forcing major fast-moving consumer goods (FMCG) companies, including Unilever, Nestlé, and local ...
Consumer Goods Firms Deploy N476.7bn in Capex Surge, Signaling Sectoral Recovery
After years of holding back, consumer goods firms are opening up their wallets, deploying as much as N476.7 billion in ...
Nestlé Nigeria Hits ₦1.2 Trillion Revenue Milestone
In a remarkable display of financial recovery, Nestlé Nigeria Plc has transitioned from a deep deficit back into profitability, reporting ...
TGI-Reliance Deal Signals Major FMCG Sector Shift
In a strategic move poised to reshape Nigeria’s consumer goods landscape, Tropical General Investments (TGI) Group has signed a Joint ...
Arla Foods Yogurt Launch Boosts Nigeria’s Dairy Value Chain
Arla Foods, the global dairy giant behind the Dano Milk brand, has officially launched its "Cool Cow Yogurt" in the ...
Flutterwave Strengthens Nigeria Commitment at Elite Gala Event
Leading African fintech firm Flutterwave used a high‑profile gala in Lagos to signal a deeper commitment to Nigeria’s economy and ...
