nestle nigeria profit drop 67 per cent

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    Business Nestle Nigeria Suffers 67% Drop in Profit

    Nestle Nigeria Plc has suffered a heavy drop in its 2016 profits compared to the year 2015. The firm's profit dropped by 67% in 2016 to N7.924bn from N23.73bn recorded in 2015. Its dividend declared for the period also fell by 31 per cent to N15.06bn from N21.79bn in 2015, a report filed with...
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