Will Central Bank’s war on smugglers, be a boon for consumer firms

CBN resumes OMO auction with N150bn offer to investors

Analysts are of the view that Central Bank of Nigeria (CBN)’s decision to weigh on smuggling may ameliorate the pains of consumer goods firms that are struggling with weaker margins and poor declining profit. For instance, the combined revenue of the largest companies in the country fell by 3.06

```

Members Only

Login or create an account to continue

This article is available to registered BusinessDay readers. Please login if you already have an account, or create a new account to continue reading.

New to BusinessDay? Register now and start reading.

```