Stocks Decline Amid Currency Fluctuations, Nestle Nigeria Reports Forex Losses
This week on "Follow the Money," our host Ugodre and Uade Ahimie were joined by Oladipo Ajayi, Head of Fixed ...
Tag: Nestle Nigeria Plc
Nestle Nigeria reports N104 billion loss in 2023, shareholders funds wiped out
Nestle Nigeria Plc has reported a loss before tax of N104 billion for the year ended 2023 compared to a ...
FMCGs are on track for more forex losses as exchange rate woes continue
The FMCG sector in Nigeria is on track for foreign exchange losses due to ongoing exchange rate challenges.
Nestle Nigeria Plc appoints Mrs Maryam Aliko Mohammed as Independent Non-Executive Director
Nestle Nigeria Plc has announced the appointment of Mrs. Maryam Aliko Mohammed as Independent Non-Executive Director.
NESTLE Nigeria appoints Namit Mishra as finance and control director
Nestle Nigeria Plc has appointed Mr Namit Mishra as the Finance and Control Director of the company effective 1st August ...
FMCGs’ profits surge as production costs are passed on to customers
Six FMCG companies in Nigeria reported a surge in revenue despite economic challenges in 2022 due to the war in ...
Nestlé Nigeria post first quarter earnings decline, as intercompany loans drags margins
The average price of 1kg of Yam tuber rose by 25.30% on a year-on-year basis from N353.56 in March 2022 ...
Nestle Nigeria Plc to pay dividend of N36.50 per 50 kobo ordinary shares
Nestle Nigeria Plc has announced a final dividend payout of N36.50 per 50 kobo ordinary shares.
Nestle loses N199 billion to top weekly losers
Further analysis showed that Nestle closed the trading week with N764.0414 billion in market capitalisation
Shareholders of Nestle Nigeria lose N94 billion on sell pressure
This comes amid a build-up to the 2023 general election and a recent interest rate hike by the Central Bank ...
