The Honourable Commissioner for Agriculture, Kaduna State – Malam Ibrahim Hassaini inaugurated Nestlé Nigeria Milk Collection Center at the Ladugga Grazing Reserve in Kachia LGA, Kaduna State. This milestone brings the milk collection and cooling capacity of Nestlé’s Dairy Development…
By Philemon Adedeji Nestle Nigeria Plc has released its unaudited results for the period ended September 30, 2022, reporting 4.62 per cent increase in profit to N12.4 billion in nine months of 2022, from N11.8billion in the corresponding period. The result…
Sterling Bank Plc has announced plans with her partners Leadway Assurance, Nestle Nigeria Plc, Microsoft Nigeria, Thrive Agric, GIZ, Stears Data and others for this year’s Agricultural Summit Africa (ASA); the largest private sector-led conference on the agriculture sector in…
By Philemon Adedeji The Nigerian stock market yesterday ended on a bullish note with a gain of N365 billion following appreciation in Nestle Nigeria, MTNN, UACN and 16 others. In summary, the All-Share Index (ASI) grew by 675.72 absolute points,…
Nestle Nigeria PLC has announced a revenue of N110.2 billion in the first quarter against N87.3 billion during the same period in the previous year, translating to a growth of 26.3 per cent. The company stated this on Friday in…
By Philemon Adedeji Nestle Nigeria PLC on Tuesday 8th of March declared 10.5 per cent increase in gross profit for 2021,for full year audited results, from N119.2 billion at the end of 2020 financial year to N131.8 billion at the…
Nestlé Nigeria on Friday commissioned a block of three classrooms at Salvation Army Primary School, Agbara, Ogun State, with another one almost completed. Reports state that the gesture is to improve learning and teaching facilities in the school. The commissioned…
By Kayode Tokede Nestle South Africa has bought N156.53 million additional worth of shares in its Nigerian subsidiary, Nestle Nigeria Plc. The fresh purchase is coming a little over a week after Nestle South African bought N175.216m worth of Nestle…
By Kayode Tokede The Board of Nestle Nigeria Plc has approved a final dividend payment of N28.14 billion representing N35.50 per share for the 2020 financial year at the 52nd Annual General Meeting (AGM)of the company, held at Ilupeju, Lagos…
Nestle Nigeria has said that over 80 per cent of its product portfolio is fortified with micronutrients including Iron. Financial Times had in a presentation stated that more than 60 per cent of its food and drinks products do not meet…
