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NESTLE

News and analysis about Nestle Nigeria

Food and beverage giant, Nestle Nigeria Plc, has released its unaudited financial statement for the first quarter (Q1), 2020.
Nestle Nigeria reported Revenue growth of 6.7% y/y to N284.0 billion for FY 2019 from N266.3 billion and post-tax profit growth of 6.2% y/y to N45.7 billion.
The Nigerian bourse closed the day positive as the ASI appreciated by +0.13 % to close at 21,757.47.
Nestle Nigeria and Friesland Campina WAMPCO are reportedly planning to sign an agreement with the Federal Government and the Central Bank of Nigeria (CBN) for local milk production.
Investors in the Nigerian equities market lost N152.1 billion at the end of last week.
Stock market investors lost N153.6 billion on Monday to a bearish trade session after the market capitalisation bowed to N14.46 trillion. 
The 2019 best 100 companies to work for in Nigeria have been unveiled by Jobberman.
The price appreciation of some banking stocks and some blue-chip stocks traded on the floor of NSE last week influenced the return of the bulls.
Nestle Nigeria (Nestle) reported Revenue growth of 4.0% y/y to N211.3 billion for 9M 2019 from N203.1 billion.
MTN Nigeria, Nestle Nigeria, Stanbic IBTC, Zenith Bank and GTBank were the highest paying dividend stocks on the floor of the NSE.
In just five minutes, you can become an investor or stakeholder in Guaranty Trust Bank, Access Bank and Zenith Bank, at the same time, with as less as N1000.
There are also stocks that are at the lowest tier with market capitalizations that fall below what you will expect of a company listed in the upper tier of the Stock Exchange. One company holds the unenviable title of being the least capitalized stock on the Nigerian Stock Exchange.