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NESTLE NEEDS FRESH CAPITAL TO OVERCOME N177BN LOSS – ANALYSTS
SUMMARY:
Nestlé Nigeria is facing severe financial difficulties, having reported a staggering loss of ₦176.9 billion in the first half of 2024. This marks a dramatic increase of 254.51% compared to the ₦49.9 billion loss recorded in...
Nestlé is a Swiss multinational food and drink processing conglomerate corporation that was founded in 1866 by Henri Nestlé. It is the largest food company in the world, with products ranging from baby food, coffee, dairy, confectionery, bottled water, ice cream, pet foods, and more. Some of its...
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