Chemical and Allied Products

Producers Of Dulux, Berger Paints Losing Revenue To Inflation, Meyer Suffers N26.79m Loss

Paint Companies Lose Big Revenue To Inflation

Nigerian paint companies are bleeding cash due to rise in cost of production, as inflation ate into their net profit between January to September 2022. According to Prime Business Africa (PBA) analysis

by Fakoyejo Olalekan

3 months ago

Business/Insights

Nigerians Spend Over N12.43 billion on Paints, As Small Producers Suffer Losses To Big Brands

Chemical and Allied Products (CAP), Meyer and Berger Paints reported a revenue growth of 45.7% in H1 2022, as house owners and industrial companies spent over N12.43 billion to purchase their products

by Fakoyejo Olalekan

7 months ago

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