No Image

Nestle sells US candy to Ferrero for $2.9bn

Nestle said Tuesday it has agreed to sell its US candy business to Italy’s Ferrero for CHF 2.8 billion ($2.9 billion, 2.4 billion euros) in cash as the Swiss food giant shakes up its product portfolio. Ferrero, known for its Tic Tac, Nutella and Ferrero Rocher brands but which has traditionally preferred organic growth to acquisitions, [&#82...
read more
Nestle to sell US confectionary business to Ferrero for $2.9 bn

Nestle to sell US confectionary business to Ferrero for $2.9 bn

Nestle to sell US confectionary business to Ferrero for $2.9 bn The post Nestle to sell US confectionary business to Ferrero for $2.9 bn appeared first on Vanguard News. ...
read more
No Image

NSE: Nestle crosses N1,500 to close 2017 at N1,555.99

Transactions for the last trading day for 2017 on the Nigerian Stock Exchange (NSE) recorded an upward trend with Nestle Nigeria hitting over N1,500 mark. The News Agency of Nigeria (NAN) reports that Nestle garnered [...] The post NSE: Nestle crosses N1,500 t...
read more
Nestlé Nigeria partners firm to boost youth entrepreneurship

Nestlé Nigeria partners firm to boost youth entrepreneurship

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 post Nestlé Nigeria...
read more
Nestle tops losers’ table, drags NSE indices down by 0.96%

Nestle tops losers’ table, drags NSE indices down by 0.96%

Major highly capitalised stocks posted huge price losses on the Nigerian Stock Exchange (NSE) on Tuesday with Nestle topping the losers’ chart. The post Nestle tops losers’ table, drags NSE indices down by 0.96% appeared first on Vanguard News. ...
read more
Nestle MD: BIP has built our capacity, improved local content

Nestle MD: BIP has built our capacity, improved local content

The Managing Director, Nestle Nig Plc, Mr. Mauricio Alarcon, has said his company’s Backward Integration Policy (BIP) and the use of more familiar and common ingredients has not only improved the nutritional profile of their products, but also boosted the  ...
read more
NSE gains for third consecutive day, heads for N13trn

NSE gains for third consecutive day, heads for N13trn

Transactions on the Nigerian Stock Exchange (NSE) recorded a profit for the third consecutive day and may hit N13 trillion on sustained gains. The market had hit the N13 trillion The post NSE gains for third consecutive day, heads for...
read more
Nestle committed to supporting youth entrepreneurship – Official

Nestle committed to supporting youth entrepreneurship – Official

Nestle Nigeria has restated its commitment to support young people by boosting youth entrepreneurship and inspiring the talented ones through providing training and job opportunities. The company’s Corporate Communications and Public Affairs Manager, Victori...
read more
NSE market capitalisation hits N13tn mark, amid Nestle gain

NSE market capitalisation hits N13tn mark, amid Nestle gain

The Nigerian Stock Exchange market capitalisation on Tuesday hit the N13tn mark, barely three weeks it crossed N12tn market, amid Nestle gain. The market capitalisation appreciated by N164bn or 1.27 per cent to close at N13.097tn against N12.933tn achieved on ...
read more
‎Nestle Nigeria declares N16.5bn profit in H1:2017

‎Nestle Nigeria declares N16.5bn profit in H1:2017

NESTLÉ Nigeria Plc, in its financial results for the half year ended June 30, 2017, has declared N16.5 billion profits after tax. According to the financial result released to the Nigerian Stock Exchange (NSE), the [...] The post ‎Nestle Nigeria declares N1...
read more