TAG: CONSUMER GOODS

ICYMI: Weekly roundup of major news from Nigeria’s consumer goods Sector

ICYMI: Weekly roundup of major news from Nigeria’s consumer goods Sector

This is a roundup of the major news in the Nigerian Consumer Goods Sector for the week ended June 30th 2017. 1. New corporate...


Latest Inflation rate is a smokescreen and this is why

Latest Inflation rate is a smokescreen and this is why

The National Bureau of Statistics announced on Thursday that Nigeria’s inflation rate for the month of May 2017 was 16.25% the lowest since May...


Household Food Survey: Oval shaped Tomato prices sky rocket (10/6/2017)

Household Food Survey: Oval shaped Tomato prices sky rocket (10/6/2017)

Data from Nairametrics bi-weekly household food tracker shows food prices within Lagos rose by 1.1% at the end of June 10 2017 compared to...



Household food survey: Ijebu Garri prices spike by 45% in two weeks

Household food survey: Ijebu Garri prices spike by 45% in two weeks

Bi-weekly prices of household food items in Lagos State....


Tiger Brands gives up on Nigeria, to focus on serving middle income South Africans

Tiger Brands gives up on Nigeria, to focus on serving middle income South Africans

Former owners of Dangote Flour Mills Ltd and South African consumer goods maker, Tiger Brands has announced that is nearly done with a review...


Company News Roundup (May 20, 2017) – Bank executive compensation top N6 billion N1 billion in 2016

Company News Roundup (May 20, 2017) – Bank executive compensation top N6 billion N1 billion in 2016

This is Nairametrics recap of some of the top company/industry stories that were in the news for the week ended May 20th 2017.  ...


Why Fidson may acquire May and Baker

Why Fidson may acquire May and Baker

Nairametrics| Though the Nigerian Stock Exchange has witnessed an uptick, stocks in the healthcare sector have typically being laggards. The pharmaceutical sector in particular...


Alert: Microsoft announces plans to deliver Cloud services from Datacentres in Africa

Alert: Microsoft announces plans to deliver Cloud services from Datacentres in Africa

Microsoft’s new investment will provide highly available, scalable, and secure cloud services across Africa with the option of data residency in South Africa (...


Dangote shuts down tomato factory. Again.

Dangote shuts down tomato factory. Again.

Nairametrics|Barely three months after resumption, Africa’s richest man Aliko Dangote has been forced to close it down again, due to a tomato pest invasion....


Here is a bucket list of why local rice is now more expensive than foreign rice

Here is a bucket list of why local rice is now more expensive than foreign rice

One of the biggest policy thrust of the Buhari Administration is its push for the development of the agricultural sector, with focus on growing...


The Nigerian Economy Today 17/5/2017 – EU Commission bans Nigeria’s Medview Airline from European Airspace

The Nigerian Economy Today 17/5/2017 – EU Commission bans Nigeria’s Medview Airline from European Airspace

Summary of the top business, economic and political news in Nigeria today.    Over $163.7m was spent to hire pre-shipment agents to monitor Nigeria’s...


Dangote can lift 2 million people from poverty

Dangote can lift 2 million people from poverty

Nairametrics| A recently released report by Oxfam, an NGO based in the United Kingdom states that the top 5 wealthiest men in the country...


The Senate claims these 38 govt. agencies are spending carte blanche

The Senate claims these 38 govt. agencies are spending carte blanche

Then who...


Nigeria has a galloping food inflation and it’s a huge drag

Nigeria has a galloping food inflation and it’s a huge drag

Not so good news for Nigerian...


Breakdown of N41 billion spent on “Social Investment Programmes”

Breakdown of N41 billion spent on “Social Investment Programmes”

The Buhari administration has so are spent about N41 billion on its various aspects of its four Social Investment Programmes (SIP). According to the office...


Ten things we learnt from the 2017 National Assembly Budget by @BudgIT

Ten things we learnt from the 2017 National Assembly Budget by @BudgIT

It’s over! The era of secrecy surrounding the details of budgetary allocations to the National Assembly is now well and truly over. The four-year-old...


The Nigerian Economy Today 16/5/2017 – Airtel Nigeria launches ‘Nuvu’ subscription based tv service

The Nigerian Economy Today 16/5/2017 – Airtel Nigeria launches ‘Nuvu’ subscription based tv service

Summary of the top business, economic and political news in Nigeria today.   1. The Central Bank of Nigeriahas so far sold a total...


Foreign investments into Nigeria’s hotel sector crash by 98%

Foreign investments into Nigeria’s hotel sector crash by 98%

Data from the Central Bank of Nigeria suggest total capital importation into the hotel sector of Nigeria fell to a 5 year low of...


Weekly News Roundup (May 13, 2017): Faro Water rakes in N4 billion in revenue for 2016

Weekly News Roundup (May 13, 2017): Faro Water rakes in N4 billion in revenue for 2016

This is Nairametrics recap of some of the top company/industry stories that were in the news for the week ended May 13, 2017. MMA...


The Nigerian Economy Today 12/5/2017

The Nigerian Economy Today 12/5/2017

Summary of the top busniess, economic and political news in Nigera.   A team from the Enforcement Department of the Federal Inland Revenue Service...


Why AG Leventis had a difficult 2016

Why AG Leventis had a difficult 2016

Nairametrics|One of the oldest conglomerates in the country, AG Leventis recently released its results for the financial year ended 2016 and the first quarter...


The Nigerian Economy Today 10/5/2017

The Nigerian Economy Today 10/5/2017

Summary of the top business, economic and political news in Nigeria. The importation of sugar for local consumption would soon be a thing of...


Quick updates on Nigeria’s Sugar Master Plan

Quick updates on Nigeria’s Sugar Master Plan

Nairametrics|  The federal government is very keen on pursuing the National Sugar Master Plan and encouraging investors to key into the agricultural sector Minister...


The Nigerian Economy Today 9/5/2017

The Nigerian Economy Today 9/5/2017

Summary of the top business, economic and political news in Nigeria   NAIRAMETRICS BUSINESS & ECONOMY Niger, Benin Republic pay $159.8m for power in...


The Nigerian Economy Today 8/5/2017

The Nigerian Economy Today 8/5/2017

Summary of the top business, economic and political news in Nigeria.   NAIRAMETRICS BUSINESS & ECONOMY Flash: May 2017 FGN Savings Bond offered at...


The Nigerian Economy Today 5/5/2017

The Nigerian Economy Today 5/5/2017

Summary of the top business, economic and political news in Nigeria.   NAIRAMETRICS BUSINESS & ECONOMY Ban on 41 items stays, says CBN –...


Why consumer goods are still under-performing despite lower exchange rates

Why consumer goods are still under-performing despite lower exchange rates

More patience,...


The Nigerian Economy Today 3/5/2017

The Nigerian Economy Today 3/5/2017

Summary of the top business, economic and political news in Nigeria.   NAIRAMETRICS BUSINESS & ECONOMY Forex: CBN bars 16 banks from SME window...


The Nigerian Economy Today 1/5/2017

The Nigerian Economy Today 1/5/2017

Summary of the top business, economic and political news in Nigeria   NAIRAMETRICS BUSINESS & ECONOMY Currency Speculators Powering the Black Market, Says CBN...


Why EuroGlobal Foods Is Expanding To 30 Nigerian States

Why EuroGlobal Foods Is Expanding To 30 Nigerian States

Nairametrics| EuroGlobal Foods has stated that it would expand to 30 states and beyond within the next two years. It also stated that 80% of its raw...