Tag
NESTLE
News and analysis about Nestle Nigeria
Nestle and MTN are more than just brands; they’re investment powerhouses. Nestle’s stronghold in the consumer market and...
Nestlé Nigeria has announced the opening of applications for its 2025 Community Scholarship program, aimed at supporting high-achieving students in local communities.
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 (YoY) increase from the N56.65 billion loss reported during the same period in 2023.
The Nigerian All-Share Index (ASI) closed higher today, gaining 310.13 points as bullish market sentiment reversed Wednesday's losses, with First Bank and Nestle among the top advancers.
Join Ugodre in the latest quarterly results from major players in the telecommunications, consumer goods, and banking sectors....
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 the N69.1 billion pre-tax loss posted in H1 2023.
Finance cost of major consumer goods companies listed on the NGX increased by over 1,400% in the first quarter of 2024 when compared to the corresponding period of 2023.
Nestle Nigeria Plc hit the N900 share price as it appreciated by 9.76% today. This marks the first time since April 19 that the stock has closed at the N900 level.
In 2023, major consumer goods companies listed on the Nigerian Stock Exchange (NGX) recorded FX losses amounting to N839.24 billion for the FY 2023. This is according to a review of the 2023 full year financial statement of the major consumer goods companies.
In accounting, as in anything in life, cash is king. It doesn’t matter if your company has been posting consistent profits or owns the largest fleet of assets; without cash, it is as good as bankruptcy.
Analysts predict a stable forex regime will drive Nigerian Breweries and others back to profitability in 2024
Nestlé Nigeria PLC has announced a strategic revaluation of its fixed assets, a decision spurred by the company's FY 2023 financial results which reported a substantial loss, erasing shareholders' funds by N78 billion.