FX Stability to ease pressure on FMCGs’ cost margins

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January 29, 2018 1:37 am


Fast Moving Consumer Goods Firms (FMCGs) in Africa’s most populous nation and largest oil producers are to spend less on input costs in producing each unit of product. Analysts are betting that a foreign exchange stability and benign commodity price will help reduce cost of production of big consumer good firms operating in the country…

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