Top FMCG companies have experienced a significant increase in their tax bill. The amount paid in taxes rose by 53% to N190bn in the first half of 2026.

This surge is reportedly linked to a new tax regime, which is having an impact on the companies' earnings and effective tax rates.

Further details on how the new tax regime is affecting these companies can be found through additional reporting, which explores the implications of this change on their financial performance.