Tag: Nestle
Shock as Nestlé fires CEO over office romance
The company, which produces global brands including Nespresso coffee and KitKat chocolate, confirmed the dismissal in a statement, stressing that…
Nestlé ignites Stock Market surge as investors rake in N1.44 trillion in a day
The rally was led by Nestlé Nigeria, which appreciated by 10 per cent to close at ₦1,650.00 per share. Other…
Nestlé unveils Nescafé Plan 2030 with $1.01bn investment
Nestlé’s largest coffee brand and one of the world’s favourite coffees, has outlined its extensive plan to help make coffee…
Nestle rushes infant formula to U.S.
A Feb. 17 recall by top baby formula maker Abbott Laboratories (ABT.N) and the closing of its manufacturing plant in…
Nestle, Dangote top losers as Nigerian stocks lose N279b
Nigeria's bourse closed southward on Tuesday for the second consecutive day, with market capitalisation shedding N279 billion as profit taking…
Forex trader Chukwumanjo wins power bike in Jumia-Nestle raffle draw
A lucky Jumia Customer, Emeka Oscar Chukwumanjo, has emerged winner of a Suzuki Power Bike in the Jumia-Nestle raffle draw…
Nestle upbeat after U.S., China boost first-quarter growth
Nestle posted higher-than-expected sales growth in the first three months of the year after good momentum in the United States…
Nestle moves to source raw materials locally
In its effort towards sourcing 100 percent of its raw materials locally, Nestle Nigeria, in partnership with the International Fertiliser…
Nestle inaugurates projects in NUD Primary School Owode Egba, Ogun
As part of giving back to the communities where it operates and its Corporate Social Responsibility (CSR), Nestlé Nigeria Plc…
Nestle lifts trading on NSE by 0.51%
Activities resumed on the Nigerian Stock Exchange (NSE) for the week on a positive trend with the market indices growing…
49th AGM: Nestle Declares N33b Profit In 2017
Nestle Nigeria Plc is one company which has contributed greatly to the Nigerian market. Its 49th Annual general meeting held…
Nestle gain pushes Market capitalisation to N170bn
The market capitalisation of the Nigerian Stock Exchange (NSE) on Friday rose by N170 billion following huge gain posted by…
Nestle gains boost NSE indices by 0.63%
Some blue chips recorded price appreciation on the Nigerian Stock Exchange (NSE) with the market indicators improving by 0.63 per…
Nestle Nigeria Inaugurates Milo Ready To Drink Plant
Today the 8th of February 2018, vice president Yemi Osinbajo inaugurated the Milo ready to drink (RTD) plant, Agbara factory,…
India fines Nestle $96,500 over ‘substandard’ Maggi noodles
Authorities in northern India have fined Swiss food giant Nestle 96,500 dollars, after food inspectors found contamination in samples of…
Nestle, Dangote Cement lose as NSE market indicators drop by 0.91%
Activities resumed on the Nigerian Stock Exchange (NSE) on Monday on a downward slide with the market indicators depreciating by…
Nestle Nigeria Remains Committed To Youth Entrepreneurship
Nestle Nigeria has restated its commitment to support young people by boosting youth entrepreneurship and inspiring the talented ones through…
Buhari inaugurates Nestle’s N5.6bn water factory
President Muhammadu Buhari on Thursday inaugurated the N5.6 billion Nestle Waters factory in Abaji, FCT, with a promise to make…
Doping scandal: Nestle, IAAF part ways
Global food and beverage company Nestle has become the latest brand to end its sponsorship with the International Association of…
How Nestle, local farmers used Africans for child slave labour
A lawsuit filed against the world’s largest food maker, Nestle, has revealed how the company connived with local farmers to…
US court rejects Nestle bid to throw out child slavery suit
The United States Supreme Court on Monday rejected a bid by Nestle SA, the world’s largest food maker, and two…
NAFDAC issues alert on Nestle maggi noodles
Eromosele Ebhomele Lovers of noodles in Nigeria must be careful of the distribution and sales of a particular brand of…
Nestle cuts 15% of its Africa workforce
June 16 (Reuters) – Swiss food and drinks company Nestle SA is cutting 15 percent of its workforce in 21…
Nestle pulls Maggi noodles after safety scare
Nestle said on Friday it was withdrawing its Maggi instant noodles from sale in India after a scare over excess…
Nestlé Nigeria Holds Creating Shared Value Media Workshop
In a bid to improve the understanding and reporting skills of media practitioners, Nestlé Nigeria , the leading Nutrition, Health…
Nestle net profit soars 45% despite slipping sales
The world’s leading food industry group Nestle on Thursday posted a soaring net profit for 2014, boosted by the sell-off…
Sick Nestle chairman to continue duties
Swiss food giant Nestle has said that its chairman Peter Brabeck-Letmathe has been diagnosed with an illness requiring six months…
Bearish trend continues at NSE
Transactions on the Nigerian Stock Exchange (NSE) closed lower on Wednesday as the value of shares traded dropped by 19.79…
Nestle biggest loser as Lagos stocks dip N62bn
The market capitalisation on the Nigerian Stock Exchange (NSE) in Lagos dropped by N62 billion or 0.48 per cent at…
Trading closes lower at NSE
Transactions on the Nigerian Stock Exchange (NSE) closed lower on Monday with the market indices dropping marginally by 0.06 per…