In a rapidly evolving consumer market where global brands are striving for relevance in local economies, Nestlé Nigeria has carved out a formidable niche by leveraging local content to manufacture its ...

Milo, the food drink from the Nestle Nigeria stable, had only five per cent of the market. Bournvita, older and ...

Nestlé Professional, the Out-of-Home business arm of Nestlé Nigeria has equipped over 2,000 food businesses across Nigeria in ...

Analysts have described Nestlé Nigeria Plc as a ‘macro story,’ linking the company’s fourth-quarter profitability to more stable macroeconomic conditions.

Nestle Nigeria Plc has posted a revenue growth of 75.2 per cent N958.8 billion for the financial year ended December 31, 2024 ...

Nine listed Nigerian companies on the Nigeria Exchange recorded a surge in finance costs, rising by 69 per cent from ...

Nestlé Nigeria Plc has made an early repayment of $20m in inter-group foreign exchange debt, according to a release filed on ...

Nestle’s revaluation gain from property, plant and equipment net of tax stood at N150 billion, helping cut the total comprehensive loss for the year to N14.6 billion, 81.7 per cent lower than that of ...

Nigerian companies have recorded huge foreign exchange losses, with MTN Nigeria, Nestlé, and Nigerian Breweries Plc among ...

Nestle Nigeria posted a net loss of N164.6 billion for the 2024 financial year. This marks a 107% decline from the N79.5 billion loss.

Nestle Nigeria Plc, Nigerian Breweries Plc and MTN Nigeria Communication Plc have declared a whooping N954.83 billion loss in 2024, attributable to hike in net loss on foreign exchange transactions, ...