FMCGs in Nigeria–Profitable Strategies in Harsh Economic Times

Fast Moving Consumer Goods (FMCGs) such as Unilver (UNILEVER:NL) and PZ have adopted various measures to remain profitable in the current harsh economic climate. Unilever has opened a factory to manufacture butter in the country, and begun sales of retail packages for its tea and seasoning cubes. Other competitors such as Nestle and PZ Cussons (PZ:NL)…

Nigeria Population at 182 Million, With Widening Youth Bulge

  Nigeria Population at 182 Million, With Widening Youth Bulge By Dulue Mbachu and Tope Alake November 8, 2016 Younger population increases demands on schools, clinics Government to soon decide the date for a new national census Nigeria’s population reached 182 million this year with more than half its people under 30 years of age, putting…

Nigeria’s Largest Insurance Companies and the $456M Under-Performing Sector

  Nigeria’s Largest Insurance Companies and the $456  Million Under-Performing Sector The Nigerian Insurance Sector is often regarded as the most under-performing in the financial sector, especially if you compare it to other insurance sectors across the world. At a combined market capitalization of about N146 billion it pales in comparison to the banking sector,…

Why Did Moody’s Downgrade Eight Nigerian Banks Despite Escape From Recession?

  Why Did Moody’s Downgrade Eight Nigerian Banks Despite Escape From Recession? Moody’s Investors Service (Moody’s) has downgraded to B2 from B1 the long-term local currency deposit and issuer ratings of four Nigerian banks. It also downgraded the long-term local and foreign currency issuer ratings of another development bank. The agency, in its new rating…

The Latest Business Ranking: Is Nigeria Out of the Woods Yet?

  The Latest Business Ranking: Is Nigeria Out of the Woods Yet? By Deloitte November 6, 2017 Stakeholders in and outside Nigeria would be elated to read the latest Doing Business Report of the World Bank which sees Nigeria, “the Crippled Giant”, leaping to 145th among 190 economies on the ease of doing business. Nigeria…

Threats to Sustained Economic Growth in Nigeria and Your Pocketbook–IMF’s View

Threats to Sustained Economic Growth in Nigeria and Your Pocketbook –IMF’s View Consistent policy implementation, forex market segmentation, banking systems fragilities have been identified by the International Monetary Fund (IMF) as major threats to sustained economic growth which is being witnessed in Nigeria since the country came out of its worst economic recession in more…