Nestle Nigeria’s first-half loss widens to N176.9bn on naira devaluation
Nestle Nigeria Plc, one of the largest food and beverage companies in…
Dangote, MTN, others lose N1.7tn to naira depreciation
Dangote Group, Nestle Nigeria, and MTN Nigeria, along with four of Nigeria’s…
N195bn FX loss wipes off Nestlé Nigeria’s capital base, first in years
Nestlé Nigeria Plc rolled in a net loss of N79 billion from…
Nestlé Nigeria in financial distress after naira’s free fall pushed liabilities past assets
Nestlé Nigeria reported that its liabilities loomed past assets by N78.1 billion…
Manufacturing sector bleeds as forex loss rises 400% to N466bn
The manufacturing sector suffered a 400 percent increase in net foreign exchange…
NSE’s market capitalisation drops to N12trn
The market capitalisation of the Nigerian Stock Exchange (NSE) dropped to N12…
NSE market capitalisation loses N130bn in six hours
The Nigerian Stock Exchange (NSE) market capitalisation on Wednesday shed N130 billion…
Nestlé Nigeria CEO appointed 2nd Vice-President of NECA
Mauricio Alarcon, Managing Director and Chief Executive Officer, Nestlé Nigeria, has been…