nestle nigeria
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Nigeria Exit Fears: Nestle Nigeria's Financial Woes Spark Worries Among Investors
Nestle Nigeria Plc has encountered a significant financial setback, reporting a loss before tax of N104 billion for the fiscal year 2023, a stark contrast to the N71 billion profit recorded during the same period in 2022. The company's 2023 financial statement, disclosed on the NGX on February...- Nigeria News
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- 2 min read
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- Category: Business
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Nigeria Nigeria's Top Manufacturers Hit Hard as Forex Loss Skyrockets 400%
The once-thriving Nigerian manufacturing sector is facing an unprecedented crisis, grappling with a colossal 400% surge in net foreign exchange losses totaling a staggering N466 billion over the nine months ending in September. Industry insiders point to a complex interplay of factors, including...- Nigeria News
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- 1 min read
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- Category: Business
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Business Dharnesh Gordhon: Nestle Nigeria Managing Director Resigns
Dharnesh Gordhon has resigned his postion as the Managing Director of Nestle Nigeria Plc, 3 years after he was appointed. According to a terse statement released by the firm on Thursday, Mauricio Alarcon will replace him, with effect from October 1. Born on 5th March 1965 in South Africa, Mr...- LequteMan
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