Nestlé Nigeria Plc rolled in a net loss of N79 billion from the 2023 operations, as huge net foreign exchange (FX) losses of N195 billion wiped off the company’s capital
Tag "Nestle Nigeria"
Nestle Nigeria Plc faced intensified pressure from rising debts and interest expenses in the first quarter (Q1), which lowered the company’s after-tax profit from almost N18 billion in the same
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
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
Nestle Nigeria Plc is building momentum towards a rebound in the 2021 operations but hurdles of rising costs are constraining
Nestle Nigeria, in collaboration with the federal government, has launched a campaign to address iron deficiency in Nigerians, especially women
Nestlé Nigeria says it will engage 5,000 smallholder farmers for the supply of raw materials for its agro-business operations. The
Nestlé Nigeria Plc suffered a N6.5 billion or 14 percent profit drop in 2020, closing the year with an after
Nestlé Nigeria Plc accelerated the pace of aggressive borrowing in the third quarter and total balance sheet debts multiplied from
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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