In the Central and West Africa Region (CWAR), Nestlé aims to bring the Gender Balance Acceleration Plan to life through its multi-pronged initiatives ACCRA, Ghana, March 8, 2019/ — Nestlé (www.Nestle.com) has launched an ambitious Gender Balance Acceleration Plan ‘From Aspiration to Action’ (https://bit.ly/2UmlZ57) as part of its activities to highlight International Women’s Day 2019. […]
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Activities on the Nigerian Stock Exchange (NSE) returned to negative territory on Wednesday, after appreciating for two consecutive days. Newsmen report that the crucial market indices closed southward, dropping by 2.37 per cent, amid loses by Nestle and Dangote Cement. The All-Share Index lost 787.85 points or 2.37 per cent to close at 32,403.60 against […]
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Activities on the Nigerian Stock Exchange (NSE) for the third consecutive day on Wednesday closed on a negative trend, with Nestle Nigeria Plc , and Unilever Nigeria Plc, leading the cream of losers. Nestle Nigeria Plc, a highly capitalised equity, topped the losers’ chart with a loss of ₦10.00 per share to close at ₦1,500 […]
Read More Giant food company, Nestle Nigeria Plc on Tuesday May 22, 2018 received shareholders encomiums for the ₦27.50 kobo proposed as final dividend by the board of the company, for the full year ended December 31, 2017. The approved dividend is aside ₦15 interim dividend that was paid last, which now makes it a total dividend […]
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As part of its commitment to the economy, Nestle Nigeria Plc has invested ₦74.1 billion on its operations in the last five years. Its Managing Director / Chief Executive Officer, Mauricio Alarcon, disclosed this Thursday when the Vice President Yemi Osinbajo commissioned the ₦4.1 billion Milo Ready-To-Drink (RTD) plant in Agbara, Ogun State. According to […]
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The Vice-President, Yemi Osinbajo, on Thursday urged multinational companies to domicile their factories in Nigeria for the sustainable growth of its economy. Osinbajo said this as he inaugurated Nestlé Nigeria Plc’s ₦4.1 billion Milo-Ready-to-Drink (RTD) factory at Agbara in Ogun. He said that international companies operating in the country should take a cue from Nestlé […]
Read More Finnish oil refiner and biofuel producer Neste expects the reinstatement of the renewable fuel tax credit in the United States to increase its first quarter profit, the company said on Friday. The retroactive approval of the 2017 biodiesel credit was part of the budget deal approved by the U.S. Senate and House of Representatives, averting […]
Read More Nestle expects to sell its U.S. confectionery business in the first quarter of 2018, following a review launched earlier this year as part of efforts to improve performance at the world’s largest packaged food company. Nestle said in June it was exploring strategic options for the more than $900 million per year business, which includes […]
Read More With the high rate of unemployment in the country and need to engage the youth meaningfully, Nestlé Nigeria has partnered with Imperial Integrated Consulting in their annual capacity building programme called the National Career Fair. The fair slated to hold in several states across the country started on December 7 at the University of Lagos. […]
Read More Nestle Nigeria Plc has reaffirmed its commitment to growing the nation’s economy by sourcing more raw materials locally and simplifying the ingredients lists by using locally recognized ingredients. Nestle has also set a goal to source only eggs from cage-free hens for all its food products globally by 2025. The company’s Corporate Communications and Public […]
Read More No fewer than 20,000 soybean and maize farmers in Kaduna Sate will benefit from “Feed the Future Nigeria and Nestlé Maize Quality Improvement Partnership (M-QIP)”. This is a new partnership programme between the United States Agency for International Development (USAID), Nestlé Nigeria PLC, Volunteers for Economic Growth Alliance (VEGA) and VEGA Member Cultivating New Frontiers […]
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Nestle plans to cut up to 450 jobs at a Galderma research and development centre in southern France, the Swiss company said on Thursday, as it seeks to make the underperforming skin health business more efficient. Galderma, which Nestle took over from its joint venture partner L’Oreal in 2014, will cut as many as 450 […]
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