Nestle
8 Mar
In commemoration of International Women’s Day, Nestlé Professional, an arm of Nestlé Nigeria, has successfully hosted the 10th edition of its Business of Food workshop in Benin.
27 Feb
Nestlé Nigeria has announced a full-year revenue growth of 75.2 per cent, reaching N958.8 billion in 2024. This is contained in a corporate disclosure by Nestlé Nigeria on Thursday. Mr Wassim Elhusseini, Chief Executive Officer and Managing Director of Nestlé Nigeria Plc, in the disclosure, said the company’s operating profit improved by N167.9 billion representing…
12 Feb
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…
10 Feb
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 2024
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 2024
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,…
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