Developments in the Nigerian retail space are quite interesting but could have been more if the business environment were less challenging.
Diesel price hike and raw material costs are piling pressure on Fast-Moving Consumer Goods (FMCG) companies in Nigeria, analysts at FBNQuest have said in a new report.
The report said the Russia-Ukraine conflict would likely impact the group negatively in 2022.
“The conflict has pushed commo
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Folake Balogun
Folake Balogun is a tech journalist covering Africa’s fast-growing digital economy with a strong focus on incisive analysis of startup trends, venture capital, and fintech innovation, while also exploring emerging technologies such as artificial intelligence and the future of connectivity by highlighting their economic and social impact.
