Nestle Nigeria’s first quarter (Q1) 2015 net income fell 50.83 percent as the consumer goods company continues to grapple with weak consumer spending, security challenges and huge borrowing costs.
Profit was N2.95 billion in the period, compared with N6 billion the previous year, the Lagos-based
```
Members Only
Login or create an account to continue
This article is available to registered BusinessDay readers. Please login if you already have an account, or create a new account to continue reading.
New to BusinessDay? Register now and start reading.
```
BusinessDay
Nigeria's leading finance and market intelligence news report. Also home to expert opinion and commentary on politics, sports, lifestyle, and more
