Tag Archives: Nestle

For decades, Nestlé Nigeria has actively collaborated with key stakeholders in the Nigerian agriculture sector to improve crop production for both food and industrial use, playing a vital role in tackling food security challenges. Nestlé’s initiatives such as enhancing crop resilience, farmer training, and nutrition programs are helping to transition Nigeria from a food-importing to a food-exporting nation. This aligns …

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Nestlé Promotes Nutrition Education, Organizes Nutrition Quiz Competition For Kids In Ogun And The FCT

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Dayo Emmanuel The power of youth, their resourcefulness and ingenuity are strong contributing factors to the development of economies around the world. However, the majority of young people lack economic opportunities, which unfortunately leads to high levels of youth unemployment, underutilized talents and skills. A publication by the African Development Bank on Jobs for Youth in Africa (http://bit.ly/2KON1g3) indicates that “of Africa’s …

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The Managing Director of Nestle Nigeria Plc has assured the company’s stakeholders of sustained returns on investments, quality products and sustained contribution to physical and health being through healthy products. According to the Managing Director, Mr. Mauricio Alarcon, the company will continue to leverage on its quality workforce and products to drive operations. The MD made this remarks on Monday …

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Nestle Plc on Thursday sustained its rising profile to lead the Nigerian Stock Exchange (NSE) gainers’ table, growing by N6.88 to close at N1,240 per share. Also at the end of tradings,  Stanbic IBTC came second with a gain of N1.14 to close at N41.19 while  Nigerian Breweries improved by N1.08 to close at N165.08 per share. City Business reports that, Forte …

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Nestle has bought control of the California based specialty coffee business Blue Bottle Coffee. The Swiss food and drink multi-national acquired a controlling stake for a reported price of $500m (£370m) . With its Nescafe instant coffee and Nespresso brands, Nestle ranks as the world’s biggest coffee company. Blue Bottle takes it into the high end of the market, operating …

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Swiss food and drink giant on Thursday reported anaemic sales growth as Asian market strength was offset by weak consumer spending in the Americas. First-quarter sales rose 0.4 percent to 21 billion Swiss francs (19.6 billion euros, %21.1 billion), slightly below analyst expectations compiled by the AWP agency of 21.3 billion francs. But organic sales growth, which excludes exchange rate …

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FRIDAY EKEOBA Nestlé Nigeria Plc has announced draw-down in its operations for the half year period ended June 30 , 2016, as finance costs rose by 361 per cent to impact negatively on profitability. According to the multinational company finance costs rose by 361 per cent to N14.89 billion in half year ended July 30, 2016 from N3.2billion in half year ended July …

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