Daily Archives: March 7, 2019

Heineken to provide UEFA Championship viewing experiences to consumers nationwide

Heineken one of the world’s leading premium beer brands has revealed that it will be delighting football fans across Nigeria with unique, premium viewing experiences for the rest of the UEFA Champions League Campaign, while also giving consumers an opportunity to watch the semi-finals and finals matches live in Europe.

The announcement of these exciting new plans by Heineken was made yesterday during one of the premium viewing experiences hosted at Farm City Lounge, Lekki, Lagos.

Nestle Nigeria posts 28% profit rise in 2018

Nestle Nigeria Plc, on Wednesday reported a 28% increase in profit for the full year 2018. The food and beverage giant said that profit rose to N43bn from N33.7bn in the previous year, benefiting from a 90% reduction in net finance cost to N900m. In the same period in 2017, finance cost was N8.9bn.

Revenue in the period grew 9% to N266bn from N244bn helping boost operating profit by 9%.