Nestlé Nigeria mega losses: It’s time to shift focus
Nestlé Nigeria Plc has released its nine-month 2024 results, revealing a substantial pre-tax loss of N255.385 billion, a 381% year-over-year ...
Tag: Nestle Nigeria Plc
Nestle Nigeria Plc posts N255 billion pre-tax losses in first nine months of 2024
In the first nine months of 2024, Nestle Nigeria Plc recorded a pre-tax loss of N255.38 billion on the back ...
Nestle’s woes continue as pre-tax loss hit N252.5 billion in 2024 half-year
Nestle Nigeria Plc posted a pre-tax loss of N252.5 billion in the 2024 half-year, marking a 265% year-on-year decrease from ...
Stocks Decline Amid Currency Fluctuations, Nestle Nigeria Reports Forex Losses
This week on "Follow the Money," our host Ugodre and Uade Ahimie were joined by Oladipo Ajayi, Head of Fixed ...
Nestle Nigeria reports N104 billion loss in 2023, shareholders funds wiped out
Nestle Nigeria Plc has reported a loss before tax of N104 billion for the year ended 2023 compared to a ...
FMCGs are on track for more forex losses as exchange rate woes continue
The FMCG sector in Nigeria is on track for foreign exchange losses due to ongoing exchange rate challenges.
Nestle Nigeria Plc appoints Mrs Maryam Aliko Mohammed as Independent Non-Executive Director
Nestle Nigeria Plc has announced the appointment of Mrs. Maryam Aliko Mohammed as Independent Non-Executive Director.
NESTLE Nigeria appoints Namit Mishra as finance and control director
Nestle Nigeria Plc has appointed Mr Namit Mishra as the Finance and Control Director of the company effective 1st August ...
FMCGs’ profits surge as production costs are passed on to customers
Six FMCG companies in Nigeria reported a surge in revenue despite economic challenges in 2022 due to the war in ...
Nestlé Nigeria post first quarter earnings decline, as intercompany loans drags margins
The average price of 1kg of Yam tuber rose by 25.30% on a year-on-year basis from N353.56 in March 2022 ...
