Tuesday, April 13, 2021
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Tag "Nestle Nigeria"

FG partners Nestle to tackle iron deficiency in women, children

    FG partners Nestle to tackle iron deficiency in women, children

Nestle Nigeria, in collaboration with the federal government, has launched a campaign to address iron deficiency in Nigerians, especially women and children. The campaign, ‘Live Strong with Iron’ (LSWI), was

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Nestle engages 5,000 farmers to supply raw materials

    Nestle engages 5,000 farmers to supply raw materials

Nestlé Nigeria says it will engage 5,000 smallholder farmers for the supply of raw materials for its agro-business operations. The initiative, ‘developing inclusive grain value chains project’, is in partnership

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Flat revenue, rising cost explain Nestlé’s N6.5bn profit drop in 2020

    Flat revenue, rising cost explain Nestlé’s N6.5bn profit drop in 2020

Nestlé Nigeria Plc suffered a N6.5 billion or 14 percent profit drop in 2020, closing the year with an after tax profit of N39 billion — lowest in three years.

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Nestle Nigeria: Building debts, losing profit

    Nestle Nigeria: Building debts, losing profit

Nestlé Nigeria Plc accelerated the pace of aggressive borrowing in the third quarter and total balance sheet debts multiplied from N6 billion at the end of half year to over

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Nestle posts 3% spike in Q3 revenue on improved sales volume

  Nestle posts 3% spike in Q3 revenue on improved sales volume

Nestle Nigeria, the nation’s biggest consumer goods company by market capitalisation, printed a 3.3 percent increase in revenue for three

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Foreign majority shareholders scoop more stakes in cheap Nigerian stocks

  Foreign majority shareholders scoop more stakes in cheap Nigerian stocks

Parent owners of listed consumer goods companies in the country have continued to increase holdings in their Nigerian units, taking

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Nestle Nigeria: Under pressure from rising debts

  Nestle Nigeria: Under pressure from rising debts

Nestlé Nigeria Plc came under fresh operating pressures in the second quarter of 2020, as sales stagnated under the Covid-19

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FMCGs’ half-year profits plummet by 27.8 percent

  FMCGs’ half-year profits plummet by 27.8 percent

Listed fast moving consumer goods (FMCG) companies suffered a 27.89 percent decline in profit in the first half of the

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Nestle Nigeria appoints new MD

  Nestle Nigeria appoints new MD

Nestle Nigeria Plc has appointed Wassim Elhusseini to replace Mauricio Alarcon as its new managing director. This was disclosed in

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