NSR H2 2019 Excerpts – Inflation – A tale of two seasons
Nigeria Strategy Report – H2 2019 Excerpts Domestic Economy and Policy Environment In this morning’s cut-out of our core strategy document – The Nigeria Strategy Report, we focus on the major themes that steered consumer prices over H1 19 and delineate our outlook for inflation over H2 2019. Consumer prices ticked up by […]
Nigerian Consumers: Nestle and Unilever
Competition gradually blighting the Food business. • Central to the Q2 19 earnings of Nestle and Unilever is the telling impact of increased competition in the food business and improved input cost management. For Nestle, EPS grew 4.3% YoY to N16.90 due to gains from increased local sourcing of raw materials and higher sales. On […]
