The total cash and cash equivalents of nine fast-moving consumer goods firms in Nigeria rose by 30 percent in the first nine months of 2023, a BusinessDay analysis shows.
The firms analysed are Dangote Sugar Refinery, Nestle Nigeria, BUA Foods, Unilever Nigeria, Cadbury Nigeria, International Bre
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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.
