All posts tagged "Nestle Nigeria"

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  Nestle Nigeria to triple sales to $2.2 billion over 10 years

  Nestle Nigeria aims to triple its sales in Africa‘s most populous nation to 350 billion naira ($2.2 bln) in 10 years as the consumer market for food and cereal booms. The local unit of Swiss company Nestle...

  • Posted February 23, 2013
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  Nestle’s Nine Month Income Up 63% to N15.4 billion

  Nestle, makers of popular beverage Milo, transmitted its 3Q earnings to the Nigerian Stock Exchange yesterday. Revenue was reported at N85 billion, up 21% from N70.5 billion made over 3Q, 2011. Profit before tax was up 41%...

  • Posted November 1, 2012
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  Nestlé addressing micronutrient deficiency in Nigeria

  Thousands of farmers in Nigeria are supplying the grain for a new range of Nestlé ready-to-eat cereals designed to help address two of the country’s most prevalent micronutrient deficiencies. The company is using maize from local producers...

  • Posted September 4, 2012
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  Nestle to Spend $ 92 million on Nigeria Expansion, Sell More Maggi, Milo and Golden Morn

  Nestle Nigeria has announced plans to spend $92 million to boost its output in Africa’s biggest consumer market. According to Nestle CEO, Martin Woolnough, ““We’ve got a lot of money going into the country and that will...

  • Posted February 29, 2012
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  Nestle Records Bumper 2011 Profits, Distributes N 11.05 Dividend to Shareholders

  Nestle provided its audited reports for the 2011 financial year to the Nigerian Stock Exchange today, declaring a bumper net income of N 16 billion, up 33.4% from the N 12.6 billion it made in 2010. In...

  • Posted February 21, 2012
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