There are popular FMCG companies In Nigeria. These FMCG companies, based in Nigeria, produce what is called Fast-moving consumer goods. These are goods that sell fast and at a low price. Examples of products made by FMCGs are soft drinks, toiletries, detergents, biscuits, etc.
FMCG companies in Nigeria are a significant contributor to the economy’s growth and a great employer of labour. This article compiles the list of some of the best FMCG companies In Nigeria.
Nigerian Breweries is one of the largest brewery in Africa. It is also the oldest in Nigeria. It was established in 1946 and directly employs more than 3,000 persons nationwide. Its headquarters is at Surulere, Lagos, and has brewed more than 5 million hectolitres of drinks. Nigerian Breweries is known for its Star and Gulder Lager beer brand, but it produces a wide variety of other alcoholic like:
- Legend Extra Stout,
- Heineken Lager, Goldberg Lager,
- 33 Export Lager,
- Turbo King Stout
and known non-alcoholic drinks like:
- Amstel Malta
Nestle Nigeria Plc.
Established in 1961 and headquartered in Lagos, Nestle Nigeria is one of the Best FMCG companies In Nigeria. The company is famous for its cereal and other food products. According to business analysts, it is among the largest company in Africa. The company employs more than 2,000 staff and earns more than 300 billion Naira as revenue annually. Its flagship brand, ‘Milo‘ and ‘Maggi’ have become the personal favorite of the vast majority of Nigerians. It sponsors a lot of competition and reality TV shows in Nigeria.
Nestle Nigeria manufactures brands like:
- Golden Morn
Flour Mill of Nigeria Plc.
This FMCG company was started in 1960 by a Greek businessman named George Stavros Coumantaros, and the company started Africa’s first wheat mill, worth over 3 million pounds. The company now employs more than 10,000 persons and presently operates as a holding investment group with diversified business interests. It manufactures its flagship brand: Golden Penny pasta and noodles, through its factory in South-Western Nigeria.
Flour Mill of Nigeria manufacture goods like:
- Golden Penny Noodles
- Golden Penny Pasta
- UNICEM cement (through a partnership)
- Premier Feeds etc.
Dangote Group is unarguably among the best FMCG companies in Nigeria. Founded in 1981 by Aliko Dangote, it directly employs up to 40,000 people and generates close to 5 billion dollars as revenue each year. Headquartered in Lagos, the company is worth up to 20% of the current Nigerian stock exchange market capitalization. It has a strategic diversification scheme that has seen it emerge as the sugar and cement industry leader.
Some of its popular brands include:
- Dangote Sugar
- Dangote Pasta
- Dangote Salt
- Dangote Cement
- Dangote Oil and Gas
Unilever Nigeria is among the most valuable Nigerian companies. It began operations in 1923 and posted income of more than five billion nairas as profit annually. A pleasant fact about Unilever Nigeria is Nigerians own that majority of its shares, and most of its raw materials are sourced in Nigeria.
The FMCG company currently manufacture popular brands like:
- Close-Up (toothpaste),
- Pepsodent toothpaste,
- LUX soap, Lifebuoy soap,
- Vaseline lotion and Vaseline Petroleum Jelly,
- Blue Band Margarine,
- Lipton Yellow Label Tea
PZ Cussons Nigeria
With a yearly revenue of close to 80 billion Naira, PZ Cussons is among the best FMCG companies in Nigeria. It is headquartered in Lagos and is known to have begun operation in the late 1890s.
Some popular FMCG manufactured by the company include:
- Joy soap
- MORNING FRESH
- Haier Thermocool
DUFIL Prima Foods
Headquartered in Choba, Port Harcourt, this company’s name may seem unknown, but it is responsible for various ‘indispensable’ consumer goods like indomie noodles and minimee chin-chin. It began operations in Ogun state and has a large market share in the noodles industry.
Popular FMCG manufactured by DUFIL Prima Foods includes:
- Indomie Noodles
- Mimee Noodles
- Power Oil
- Minimee Chin Chin