Nestlé Nigeria Plc has reported a net profit of N72.5 billion for the first nine months of 2025, marking a sharp turnaround from the N184.3 billion net loss recorded during the same period in 2024.
The company’s revenue climbed to N884.5 billion in the nine months, a 33 percent year-on-year in
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David Olujinmi
David Olujinmi is a financial journalist, with a knack for reporting and analysing the capital markets. He has experience in reporting the Nigerian and African financial scene.
With a Bsc in Chemical Engineering from the Obafemi Awolowo University, he has a significant grasp of numbers that has aided his understanding of the financial context.
