No respite for investors as rising costs shrink FMCG firms’ earnings

The effect of naira devaluation, rising inflation and interest rate hikes has continued to take a huge toll on the performance of firms under the fast-moving consumer goods (FMCG), causing their financial cost to soar.

The post No respite for investors as rising costs shrink FMCG firms’ earnings appeared first on The Guardian Nigeria News – Nigeria and World News.

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