Category: Nestle Nigeria

Nestle reacts to allegation of adding sugar to infant formulas in Nigeria

The reaction is contained in a statement issued on Thursday and shared with PREMIUM TIMES by the company’s Head of Corporate Communications, Victoria Uwadoka. The post Nestle reacts to allegation of adding sugar to infant formulas in Nigeria appeared first on Premium Times Nigeria. Powered by WPeMatico

Nigeria’s forex crisis adds MTN to growing list of financially distressed companies

“Most of the naira weakness will affect 2024, more than 2023, and it will take some time for MTN to recoup cost pressure from the consumer given regulatory restrictions in Nigeria,” Bloomberg quoted Peter Takaendesa, head of equities at Cape Town-based Mergence Investment Managers, as saying. The post Nigeria’s forex crisis adds MTN to growing […]

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