FMCG enters 2024 with FX crisis as four firms lose N300b in Q1

Manufacturing companies, especially those under the Fast-Moving Consumer Goods (FMCG) sector, have extended last year’s losses into the first quarter (Q1) with financial reports of four firms in the sector reporting combined foreign exchange (FX) losses of about N300 billion.

The post FMCG enters 2024 with FX crisis as four firms lose N300b in Q1 appeared first on The Guardian Nigeria News – Nigeria and World News.

Leave a Reply

Your email address will not be published. Required fields are marked *