Nigeria

With a population in excess of 150mn, an underdeveloped food and drink industry and a strong macroeconomic outlook, Nigeria looks like a phenomenally promising consumer goods market.... 2010-09-02

Spar has launched its first supermarket in Nigeria with plans to launch a further four stores over H210 (calendar) in partnership with the domestic retailer Park n' Shop. Despite possessing... 2010-08-25

Nestlé's Nigerian subsidiary has reported a 25.2% increase in H110 (six months to June) sales revenue to NGN39.18bn (US$260.9mn). With its top line growing strongly and a presence... 2010-08-02

BMI continues to like the Nigerian beer industry. With strong scope for volume and value sales growth and a population of more than 150mn behind it, the Nigerian industry is arguably... 2010-07-06

With a population in excess of 150mn, an underdeveloped food and drink industry and a strong macroeconomic outlook (including major private consumption upside risks), we consider Nigeria... 2010-05-13

UAC Plc - the parent company of leading Nigerian convenience foods company UAC Foods - has announced that it expects second quarter (three months to June 30 2010) net income to halve... 2010-03-12

Leading consumer goods giant Unilever Nigeria expects pre-tax second quarter (three months to June 30 2010) earnings to more than double on a year-on-year (y-o-y) basis to NGN4.03bn... 2010-03-09

Nestlé's Nigerian subsidiary has posted a 16% year-on-year (y-o-y) increase in pre-tax earnings to NGN13.78bn (US$91.9mn) for the 12 months through to December 31 2009. With an annual... 2010-03-04

Nigeria continues to struggle with an influx of smuggled rice, which agrimoney.com reports accounts for over a half of the 1.6mn tonnes of rice imported into the country in 2009-10.... 2010-03-04

It looks to be business as usual for Nigeria's beer industry in 2010 with BMI's bullish outlook for headline value and volume sales underlining its position as arguably Africa's most... 2010-01-26