Nestle Nigeria revalues fixed assets to fix negative shareholders funds
Nestlé Nigeria PLC has announced a strategic revaluation of its fixed assets, a decision spurred by the company's FY 2023 ...
Tag: Nestle
News and analysis about Nestle Nigeria
94% of our N195 billion FX losses are unrealized – Nestle
Nestle Nigeria Plc in a note to its shareholders has stated that 94% of its N195 billion FX losses pertains ...
BUA Foods leads as top performing FMCG stocks in Q1 2024
In the face of economic challenges, the consumer goods sector experienced bleak financial outcomes for the 2023 fiscal year. Despite ...
Nestlé’s full-year sales fall below projections as higher prices hit demand
Nestlé has announced lower-than-anticipated full-year sales, attributing the downturn to ongoing pressures on household finances.
SEPLAT, NESTLE lead gainers chart as NGX rebounds by 0.37%
Market sentiments were bullish today as some blue-chip stocks recorded massive gains causing the All-Share Index of the NGX to ...
Nestle reports loss after tax of N43.068 billion, set to break 5-year consistent dividend payment record due to naira devaluation
The current year seems to be presenting Nestle Nigeria with considerable challenges, leading to a break in earnings trends and ...
Nestle Nigeria records a profit before tax of N12.46 billion in Q3, 2023
Nestle Nigeria Plc recorded a profit before tax of N12.46 billion in Q3 2023, a year-on-year decline of 14.92% from ...
Nestle, Unilever, Mahindra Group, others call for clear timeframe to eliminate fossil fuels
Nestle, Unilever, the Mahindra Group, and Volvo Cars, among other corporations, are calling upon political leaders to establish a definitive ...
Quick take: Double whammy of heightened FX costs and inflationary pressures
Nestle Nigeria’s H1 2023 numbers reflected the disruptions in the macroeconomic space. Despite inflationary pressures, the company’s Revenue advanced by ...
Nestle Nigeria, BUA Foods and Nigeria Breweries Paid the most Income tax among FMCG companies
Nestle Nigeria, BUA Foods, and Nigeria Breweries were the top three FMCG companies in Nigeria that paid the highest income ...
