Nigeria, May 14 -- Nigeria's top food and consumer goods companies may finally be turning a corner in 2025, offering a breath of fresh air to investors who weathered the economic turbulence of 2024.
The year's first quarter has been marked by improved earnings, lower interest expenses, and a more stable macroeconomic environment, particularly with easing inflation and relative exchange rate stability. Among the industry giants showing signs of recovery are BUA Foods, NASCON, Nestle Nigeria, Cadbury, and Dangote Sugar. But when it comes to true value, some stand out more than others.
BUA Foods: Solid Performance, But Pricey
BUA Foods started Q1 2025 on a strong note, delivering a pre-tax profit of N136.38 billion. Its earnings per share...
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