Shareholders have raised concerns over the escalating cost of energy in Nigeria, warning that the development is threatening the fragile recovery of manufacturing companies, particularly those in the fast-moving consumer goods (FMCG) sector, whose profits had earlier been eroded by foreign exchange (FX) losses.
The post Shareholders rue impact of rising energy cost on FMCG sector appeared first on The Guardian Nigeria News – Nigeria and World News.
Source: Original article
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