Nestle Nigeria Sees Margins Pressured as Inflation Weighs

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  • Dollar supply too inconsistent to plan raw-material imports
  • Company to use market dominance to ride out likely contraction

Nestle Hopes New CEO Finds Sweet Spot

Nestle Nigeria Plc, a unit of the world’s biggest food company, will struggle to maintain profit-margin growth in 2016 as the highest inflation in nearly 11 years and a lack of foreign currency stalls the economy in Africa’s most populous country.

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