The total amount of money owed by six listed consumer firms to their suppliers rose by 23.1 percent last year as foreign exchange losses took a toll on their financial performance, according to data compiled by BusinessDay.
The firms are International Breweries Plc, Cadbury Nigeria Plc, Nigerian
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Chinwe Michael
Chinwe Michael is a financial inclusion advocate and economy journalist who uses compelling storytelling to drive awareness. With a background in Banking and Finance and experience across accounting, media, and education, she applies sharp analysis and attention to detail to every piece. She simplifies complex financial and economy concepts into engaging content for Africa and global audience. Chinwe also doubles as a speaker with global recognition for her expertise.
