Nigeria’s fast-moving consumer goods (FMCG) firms faced challenging macroeconomic environment which is characterised by rising inflation, high energy prices, interest rates, and weakened consumer purchasing power. With these factors, some FMCG firms had to cut down their expenses to remain in b
```
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.

```

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.

Join BusinessDay whatsapp Channel, to stay up to date

Open In Whatsapp