NewsBreakNigeria
USD/NGN 1,325.98GBP/NGN 1,796.62USD/NGN black market ₦1,390GBP/NGN black market ₦1,880
USD/NGN 1,325.98GBP/NGN 1,796.62USD/NGN black market ₦1,390GBP/NGN black market ₦1,880

Nigerian consumer goods firms are earning less in dollars than before the 2023 reforms

Nine of Nigeria's ten largest listed consumer goods companies generated less dollar revenue in 2025 than they did in 2022, the last full year before Nigeria's foreign exchange reforms, even as their combined naira…

Aggregated · originally by Nairametrics
10 Sept 2026, 15:45 WAT · 3 min read
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Nigerian consumer goods firms are earning less in dollars than before the 2023 reforms

Nine of Nigeria's ten largest listed consumer goods companies generated less dollar revenue in 2025 than they did in 2022, the last full year before Nigeria's foreign exchange reforms, even as their combined naira…