Nestle
4 hours ago
Paikon Kore, Nigeria – [06 February 2025] – Nestlé Nigeria has launched a dairy demonstration farm in Paikon Kore, marking a significant milestone in the company's commitment to enhancing the local dairy industry through the Nestlé Nigeria Livestock Development Project (NLDP, inaugurated in 2021. The NLDP is structured around three pillars: Better Milk, Better Feed…
2 days ago
Nestlé Nigeria has launched a dairy demonstration farm in Paikon Kore, marking a significant milestone in the company's commitment to enhancing the local dairy industry through the Nestlé Nigeria Livestock Development Project (NLDP, inaugurated in 2021. The NLDP is structured around three pillars: Better Milk, Better Feed (fodder), and Resilient Communities. It is supported by…
14 Dec
Nestlé Nigeria Plc has said it is proud to reaffirm its commitment to empowering the next generation of leaders by opening entries for its annual scholarship programme.
16 Nov
Nestle Nigeria Plc, in collaboration with the World Association of Chefs’ Societies (World Chefs) and the Association of Professional Chefs Nigeria, recently, marked International Chefs Day 2024.
13 Nov
Transactions equities sector of the Nigerian Exchange Limited (NGX) closed on a negative note yesterday, as the All-Share Index (ASI) plunged by 0.1 per cent, following price decline in Nestle Nigeria and 28 others.
12 Nov
Three fast-moving consumer goods (FMCGs) firms listed on the Nigerian Exchange Limited (NGX) spent close to N1.3 trillion as cost of sales in nine months.
17 Oct
Nestle's new CEO lowered sales growth expectations for 2024 and announced a leadership reshuffle on Thursday in what one analyst described as a "painful reset" for the global food giant. Chief executive Laurent Freixe took over from Mark Schneider on September 1 in a surprise change at the top of the Swiss group, whose brands…
17 Oct
Nestle lowered its outlook again for 2024 and reshuffled its executive team on Thursday as the global food giant reported falling sales for the first nine months of the year. The Swiss group, whose brands range from Nespresso coffee capsules to Purina dog food and Haagen-Dazs ice cream, said sales reached 67.1 billion Swiss francs…
5 Sep
Investors, who staked their funds in fast-moving consumer goods' (FMCGs) stocks may need to wait longer for capital appreciation as prolonged inflation, foreign exchange (FX) crisis
23 Aug
Nestle shares fell Friday after the surprise departure of chief executive Mark Schneider, which followed slowing sales growth and bad headlines at the Swiss food group. The company announced after markets closed Thursday that Schneider would step down on September 1 after almost eight years in charge and be replaced by Nestle's Latin America chief,…
22 Aug
Nestle chief executive Mark Schneider is leaving the Swiss food group after eight years at the helm and will be replaced by Latin America
10 Aug 2024
Nestlé Nigeria said it has invested over N6b in up skilling young Nigerians over years, which demonstrates its dedication to fostering the next generation of skilled professionals. The company underscored its commitment to youth empowerment and skill development at the recent graduation ceremony of ten young trainees from its Technical Training Centre (TTC) in Agbara.…
Latest
6 mins ago
Netizens, especially some fans of music legend, Innocent Idibia, popularly known as 2Baba, have lashed at him for confirming romantic relationship with Edo lawmaker Natasha Osawaru, expressing his desire to marry her. Natasha Osawaru is the Deputy Majority Leader of the Edo State House of Assembly and grand-daughter of Chief Gabriel Osawaru Igbinedion. The News…
9 mins ago
The Taraba State Chapter of the All Progressives Congress (APC) Youth Vanguard has raised concerns over the frequent foreign trips of Governor Dr Agbu Kefas, questioning their effectiveness in attracting foreign investments to the state. In a statement signed by the group’s Publicity Secretary, Amb. Rikwense Muri, the APC Youth Vanguard highlighted that the…
9 mins ago
Notorious terrorist kingpin Kachalla Dan Lukuti, known for leading deadly attacks in Zamfara and Katsina States, has reportedly died after suffering from a strange illness that allegedly left him barking like a dog before his death. Sources familiar with his activities told Zagazola Makama, a Counter Insurgency Expert and Security Analyst in the Lake Chad…
14 mins ago
A short drive away from Kubwa reveals a striking scene at the bustling NNPC junction, a well-known meeting point for residents commuting to various workplaces in the city centre. Unfortunately, this area is overshadowed by a significant issue: a large heap of refuse that has accumulated, detracting from the otherwise vibrant atmosphere. The drainage channels…
18 mins ago
Two gospel preachers on Wednesday urged the youth not to see Valentine’s Day as a day for fornication and other immoral acts but a day to show genuine love for God and humanity. Pastor Williams Nmezi of the Spoken World Ministry, Okokomaiko, Lagos State, and Dr Nkem Chima, President, Centre for Defence of Morality, made…
20 mins ago
The Federal Government on Wednesday commended the International Finance Corporation (IFC) for its continued confidence in President Bola Tinubu-led Nigeria’s economy. Bayo Onanuga, Special Adviser to the President on Information and Strategy, in a statement, explained that President Tinubu made the commendation following IFC’s $50 million equity investment in the Lagos Free Zone, a…
25 mins ago
The Women on the Grid Hub (WotGH), an initiative of the United Kingdom Nigeria Infrastructure Advisory Facility (UKNIAF), facilitated a STEM Marketplace event that brought together leading female executives in the Power sector and aspiring young professionals in STEM (Science, Technology, Engineering, and Mathematics) to discuss emerging opportunities in the STEM space using the Power…
29 mins ago
The Police in Ogun, on Wednesday, confirmed the discovery of the lifeless body of a 76-year-old man, Sikiru Olatunji, earlier declared missing on Saturday. The command’s spokesperson, CSP Omolola Odutola, disclosed this in a statement issued in Abeokuta on Wednesday. Odutola explained that the deceased was found about one and a half Kilometres from Wasinmi,…
35 mins ago
The United States is releasing Russian cryptocurrency kingpin Alexander Vinnik as part of an exchange deal that saw Moscow free US teacher Marc Fogel a day earlier, a White House official said Wednesday. The official, speaking on condition of anonymity, replied "yes" when asked if US authorities had released or would be releasing Vinnik in…
35 mins ago
The Nigeria Labour Congress (NLC) has directed workers and the public to boycott the services of major telecommunications companies, MTN, Airtel, and Glo, daily from 11:00 AM to 2:00 PM, starting February 13, in protest against a recent tariff increase. In a statement issued on Wednesday, NLC President, Joe Ajaero, and Secretary, Emmanuel Ugboaja,…