Tag: consumer goods sector
United Capital says the COVID-19 lock-down and ban on inter-state travel depressed the second-quarter performance of companies in the consumer goods space. Head of Research United Capital Wale Olusi, joins CNBC Africa for more.
The Central Bank of Nigeria (CBN) has limited the number of companies involved in milk importation, its derivatives and dairy products to six. CBN stressed that the policy is part of efforts to increase local production of milk, its derivatives and dairy products. Tajudeen Ibrahim, Vice President and Head of Research at Chapel Hill Denham joins CNBC Africa for more.
In a chat with CNBC Africa’s Christy Cole, CEO of Chapel Hill Denham, Bolaji Balogun addressed issues impacting investment flows to Nigeria. They discussed this on the sidelines of an interactive session on consumer goods sector organised by the Nigerian Stock Exchange (NSE).
Nigerian Stock Exchange (NSE) recently held an interactive session on the consumer goods sector with stakeholders. NSE’s CEO, Oscar Onyema says the exchange decided to focus on consumer goods because the index is the worst performing on the NSE this year. CNBC Africa’s Christy Cole spoke to Oscar Onyema on the need to unlock the potential of Nigeria’s consumer goods sector.
President of Manufacturers Association of Nigeria (MAN), Mansur Ahmed says for the first time in a long time Nigeria has a comprehensive finance bill which brings together key issues on fiscal policy that needs to be constantly under review. He joins CNBC Africa’s Christy Cole on the sidelines of an interactive session on consumer goods sector organised by Nigerian Stock Exchange (NSE).
Year-to-date, the consumer goods sector has been one of the worst-hit sectors on Nigeria's equities market. To discuss the performance of the sector so far, Abiola Gbemisola, consumer Analyst at Chapel Hill Denham joins CNBC Africa for more.
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.