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Tag "Nestle Nigeria"

Nestle Nigeria grows net profit by 5% to N33.6bn

    Nestle Nigeria grows net profit by 5% to N33.6bn

Nestle Nigeria, the nation’s biggest consumer goods company by market capitalisation, says it recorded a net profit of N33.6 billion for the nine-month period ended September 30, 2021. This represents

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Nestle Nigeria unable to grow profit as costs rise at half year

    Nestle Nigeria unable to grow profit as costs rise at half year

Nestle Nigeria is facing cost increases so far this year that won’t let it convert growing sales revenue into profit. Rising costs claimed more than the N24.4 billion increase in

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Nestle Nigeria faces hurdles on the path of recovery

    Nestle Nigeria faces hurdles on the path of recovery

Nestle Nigeria Plc is building momentum towards a rebound in the 2021 operations but hurdles of rising costs are constraining margins. The food/beverages company’s managers saw it through to an

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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

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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

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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

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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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