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BUSINESS NEWS: Major FMCG Companies Cut Debts By 28% to N1.2trn in 2025, Signifying Deleveraging
Total borrowings for eight FMCG companies quoted on the Nigerian Exchange (NGX) in 2025 declined by 28% to N1.20 trillion, from the N1.66 trillion recorded in 2024, suggesting a deliberate effort by the firms to reduce their debt exposure.
This is according to analysis of the 2025 audited financial statements of major fast-moving consumer goods (FMCG) companies led by Nestlé Nigeria Plc, with the largest borrowing as well as debt repayment. The debt reduction comes amid sustained cost pressures and a high-interest-rate environment.
While most firms like Nestle Nigeria Plc, Nigerian Breweries Plc, Guinness Nigeria Plc, Unilever Nigeria Plc, Vita Foam reduced their liabilities, a few outliers, such as PZ Cussons, recorded an increase in debt.
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