Nestlé Nigeria Community

Nestlé Nigeria’s performance in Q1 2025 marks a sharp pivot from last year’s financial struggles, posting a profit before tax of ₦51.15 billion compared to a pre-tax loss of ₦196.09 billion in Q1 2024. Net profit came in at ₦30.18 billion , rebounding from a staggering ₦142.68 billion loss in the prior period—despite a high effective tax rate of 41.0%.