Nestlé Nigeria Going Strong

Nestlé's Nigerian subsidiary has been growing fantastically over the past few years and its share price has thoroughly outperformed the benchmark Nigeria All-Share index in the process. Although the Nigerian stock market is a very long way off the highs it recorded in the period leading up to the global financial crisis, when the banking sector in particular was growing particularly strongly, a lot of food and drink companies (including food producers and beer companies) have been recording sharp gains.

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