CONSUMER GOODS

Excelsior request to buy out Flour Mills’ minority shareholders, fuelling delisting rumours

BUA Foods signs deal with Italian firm to increase pasta production capacity to 900k MTpa

PZ Cussons progress with plans to sell its African business after receiving expressions of interest 

Inflation: UAC increased prices of products by 75% to 100% to protect margins – Fola Aiyesimoju

Consumer Goods Companies report reduced margins in the first half of 2024, blame higher production  

Inflation: FMCG transaction volume in Nigeria declines by 17.4% in 2024 – Report  

Tolaram to acquire majority shares in Guinness Nigeria as Diageo exits 

Major consumer goods companies record N839.2 billion forex losses in 2023

Unilever Nigeria records N1.17 billion FX gain in Q1, 2024

Nestle Nigeria revalues fixed assets to fix negative shareholders funds