Nestlé Nigeria Plc is looking to resume dividend payment “soon”, marking the first time in three years after the consumer goods giant rode naira stability and moderating inflation to return to profitability in the full year 2025.
The Nigerian unit of the world’s largest food & beverage company returned to profitability in the fourth quarter of 2024 and has sustained that momentum, leading to posting a net profit of N104.97 billion for the year ended December 31, compared with a loss of N164.6 billion in 2024, according to its audited statement.
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