Chicken Republic and Kilimanjaro have the most outlets of any quick service restaurant in Nigeria

Chicken Republic dominates Nigeria's quick-service restaurant (QSR) business, with a presence in 26 states. Owned by Food Concepts Plc., Chicken Republic has been in operation since 2003 and is closely followed by Kilimanjaro, which operates in 17 states

Source:
Individual Companies
Period:
2024
HTML code to embed chart
Want a bespoke report?
Reach out
Tags
Related Insights

The cost of a healthy diet in Nigeria rose by 91% in 11 months
The Cost of a Healthy Diet (CoHD) represents the most affordable combination of locally available foods that meet global dietary standards for a balanced diet, excluding transportation and meal preparation costs. In Nigeria, the CoHD surged by 91%, rising from ₦703 in October 2023 to ₦1,346 in September 2024. This sharp increase underscores Nigerians' escalating financial challenges in maintaining a nutritious diet.

Nigeria: The price of tomatoes has surged by 321% in one year, as have other food items
Food prices have continued to increase as Nigeria's headline inflation hit 34.19% in June 2024, one of the highest globally.
NBS's monthly survey for the average prices of selected food items in Nigeria as of June 2024 shows that tomatoes have gone up by 321%, yam by 296%, and staples — beans, rice, and plantain — have also seen significant increases. These are the top ten food items most hit by inflation in Nigeria in the past twelve months.

Average prices of bread in Nigeria from September 2018 to August 2021
Data from the National Bureau of Statistics reveal that the average bread prices in Nigeria increased by 20.71% for unsliced bread and 17.25% for sliced bread year on year. As Nigerians mourn this rise in cost, we consider the average bread prices over the past 24 months.

Nigeria: Food inflation surged from 24.8% to 30.6% in five months since fuel subsidy removal
While many living in Nigeria have already experienced the effects of the fuel subsidy removal on their daily expenses, this chart presents a clearer picture of reality. Will the prices of food items continue to rise? Is there hope of some respite soon?

African countries make up more than half of the world's hunger hotspot in 2023
With about 24.8m people in Nigeria facing acute food insecurity, the country is first on the World Food Programme's list of hunger hotspots in 2023. 11 of the 20 countries on the list are African.

POPULAR TOPICS
SIGN UP TO OUR NEWSLETTER
Get periodic updates about the African startup space, access to our reports, among others.
Subscribe Here
Subscription Form

A product of Techpoint Africa. All rights reserved