Cordros Securities: Nigerian consumers yet to recover from naira devaluation

PUBLISHED: Tue, 16 Jul 2019 11:45:43 GMT

Cordros Securities says Nigeria’s consumer goods sector has remained pressured as consumer spending remains extremely subdued with shoppers are yet to recover from the naira devaluation among other factors. Opeyemi Ani, Equity Research Analyst at Cordros Securities joins CNBC Africa for more.