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Top Consumer Goods Firms in Nigeria Generate N3.5 Trillion

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Top Consumer Goods Firms in Nigeria Generate N3.5 Trillion

In the first half of 2026, Nigeria's listed consumer goods sector experienced robust revenue growth, with the top 10 companies collectively generating over N3.5 trillion. Nigerian Breweries topped the list with N803 billion in revenue, marking it as the first consumer goods company in Nigeria to exceed the N800 billion threshold in six months.

The company reported a profit after tax of N92.95 billion. BUA Foods ranked second with N765 billion in revenue and a profit after tax of N292.26 billion, which constituted 49.47% of the total profit of N601.74 billion from the top 10 companies.

The company also achieved a net profit margin of 38.20%. Other notable companies included Sugar Refinery with N392 billion in revenue and International Breweries with N38.31 billion in profit after tax.

Guinness Nigeria generated N265 billion in revenue, maintaining its position among the largest beverage companies despite high production costs.

Plus234Feed summary based on reporting from Legit.ng. Read the original report below.

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