Tag: report

How inflation, forex crisis may affect consumer goods industry - Report
Business

How inflation, forex crisis may affect consumer goods industry – Report

Persistent inflation and currency issues are expected to have an impact on the fourth-quarter financial results of enterprises operating in the consumer products sector of the economy in 2023. According to The PUNCH, this was announced in Meristem Securities Limited’s Consumer Goods Sector Update for December 2023. According to the research, foreign exchange losses for […]

Nigerian startups owe $415m 10-year debt – Report
featured News Tech

Nigerian startups owe $415m 10-year debt – Report

Briter Bridges, a research and market intelligence company which focuses on developing nations, has stated that approximately $415 million has been borrowed by Nigerian digital entrepreneurs over the past ten years. According to the report “Debt Financing in Africa’s Innovative Ecosystem,” between 2014 and 2023, African startups as a whole borrowed a total of $2.1 […]