The Nigerian consumer goods sector posted impressive sales in 2025, with the top 10 companies generating a combined N7.07 trillion in revenue.
This represented N1.56 trillion, or 28%, growth over 2024’s N5.51 trillion, signalling strong product demand across the market.
The 2025 revenue accounted for 98% of the total N7.2 trillion reported by all 14 companies tracked by the NGX Consumer Goods Index.
Efficient operations and lower foreign exchange losses enabled these companies to convert robust revenue into meaningful profitability at the bottom line.
Hence, the top 10 companies recorded a cumulative pre-tax profit of N1.007 trillion, rebounding from a N702.59 billion loss in 2024.
The strong performance likely fueled bullish sentiment, as the NGX Consumer Goods Index surged 129.6%, reflecting growing investor confidence over the period.
For this analysis, consumer goods companies are ranked by their 12-month revenue ending in any month in 2025, reflecting one full financial year. Here’s the list:
Nigerian Breweries stood strong in 2025, posting N1.467 trillion in revenue for the audited year ended December 31, 2025, up 35.2% from N1.08 trillion, driven almost entirely by domestic demand.
Local brewed-product sales accounted for N1.464 trillion, with exports contributing just N2.4 billion.
Cost of sales increased to N902.2 billion, yet gross profit jumped 76.7% to N565.1 billion, demonstrating strong margins.
Other income of N4.1 billion, mainly from scrap and asset disposal, helped offset rising operational costs, while selling, distribution, and administrative expenses increased moderately.
These gains lifted operating profit to N205.1 billion, supported by lower credit losses. Meanwhile, N1.7 billion in finance income pushed pre-tax profit to N161.06 billion.
The balance sheet remained strong, with total assets at N1.06 trillion and equity at N560.2 billion. In 2025, the company’s shares returned 135% to investors.
