Nestle Nigeria Plc, one of the largest food and beverage companies in Africa, recorded its first quarter loss for the first time in at least 12 years, data compiled by BusinessDay shows.
In the firm’s latest financial statement, it reported an after-tax loss of N142.7 billion in the first quart
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Folake Balogun
Folake Balogun is a tech journalist covering Africa’s fast-growing digital economy with a strong focus on incisive analysis of startup trends, venture capital, and fintech innovation, while also exploring emerging technologies such as artificial intelligence and the future of connectivity by highlighting their economic and social impact.
