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Nestle Nigeria records increase in revenue, reaching N547bn in 2023

By Esenvosa Izah Lagos, Feb. 28, 2024 Nestle Nigeria PLC.  said its revenue in 2023 increased by over N100 billion, reaching N547 billion,  against N446 billion in 2022. The company said, however, that the devaluation of the Naira had an adverse impact on profit after tax, resulting in a loss of N79.5 billion for 2023. …



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Nestle Nigeria records increase in revenue, reaching N547bn in 2023

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