The price of Indomie Instant Noodles, a Dufil Prima Foods Limited brand, has reduced because of low demand and sales from cash-strapped consumers in Nigeria. BusinessDay reports some stores across Lagos shows that the price of 70g Indomie Regular Chicken noodles dropped to N250 from N300 last month. While its 40-pack carton of Indomie fell to N10,000 from N12,000. Before Indomie reduced its price, it was higher than other brands like Mimee (N200) and Honeywell noodles (N250). “The price decline is not because of the reduction in the cost of…
Read MoreLow Patronage Forces Indomie Price Slash Amid Rising Inflation
