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Tag "Nestle Nigeria"

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 advantage of their current cheap pricing. This is despite the

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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 induced economic lockdown. Costs, however, defied the economic lockdown and

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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 year. The sharp drop in bottom line rode on 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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NSE smiles on ministerial inauguration — records biggest gain in two months

  NSE smiles on ministerial inauguration — records biggest gain in two months

Investors on the Nigerian Stock Exchange (NSE) on Wednesday reacted positively to the inauguration and assignment of ministers to various

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Nestlé introduces new breakfast cereal

  Nestlé introduces new breakfast cereal

Nestlé Nigeria, a food and beverage company, has added a new breakfast cereal called “Golden Morn Puffs” to its lineup

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Osinbajo: We expect private sector to invest $19bn in Nigeria by 2020

  Osinbajo: We expect private sector to invest $19bn in Nigeria by 2020

Vice-President Yemi Osinbajo says the federal government expects certain private sector stakeholders to invest $19.2 billion in the economy by

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Nestle, UAC, MRS declare fall in profit

  Nestle, UAC, MRS declare fall in profit

Three Nigerian companies – UAC Nigeria, Nestle Nigeria and MRS Oil – declared a fall in profit in their first quarter

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