Ribena, Lucozade brands in Nigeria acquired by Africa FMCG for $14 million
Makers of Ribena and Lucozade, Suntory Beverage & Food Limited has agreed to sell its Nigerian subsidiary to Africa FMCG ...
Tag: FMCG
Consumer Goods Index records gain as Flour Mills appreciates by N1.85 billion in market value
At the end of Friday’s trading session, Flour Mills of Nigeria (FMN) Plc recorded a gain of 1.54%, which can ...
Market cap sheds N12.14 billion as NGX closes negative
The Nigerian Exchange closed on a negative note amidst sell-offs and buy-interests as the benchmark All-Share Index (ASI) depreciated by ...
Kenyan retail startup, MarketForce expands to Nigeria
Following its $2 million in Pre-Series A investment round, MarketForce, a Kenyan B2B platform for retail distribution of consumer products ...
Sell-off in Nestle shares leads to N110 billion market value loss in a day
At the end of today’s trading session, Nestle Nig Plc recorded a loss of 9.09% which can be attributed to ...
FMCG companies and retailers gain as consumers’ preference shifts towards food items
FMCG Companies and consumer goods retailers benefitted from the changes in consumer behaviour.
Unilever could be living out its lifecycle to a rebound
Its Q1 2020 interim report, revealed a 30% decline across its revenues streams.
Border closure weighing on operations of FMCGs
Ahead of the FY 2019 earnings season, companies within the FMCG space have decried the negative impact of the border ...
How technology is disrupting e-commerce, FMCG distribution
Disruption has transformed from being a business cliché to a fearful reality, especially if businesses intend to be relevant in the ...
