Nigeria's champagne import hits 7-year low on Covid, weak purchasing power

Nigeria’s champagne import hits 7-year low on Covid, weak purchasing power

Nigeria has recorded a negative Per Capita GDP growth rate in the last six years

The consumption of champagne in Nigeria hit the lowest in seven years in 2020 as the economic lockdown and weak purchasing power have reduced consumer appetite for luxury items. Nigeria is the biggest champagne market in Africa. The drink is used in parties, festivals and other events as a symbol

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