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Nestle Nigeria
Nestle Nigeria Plc is a publicly listed food and beverage specialty company headquartered in Lagos. It's mostly owned by a holding company based in Switzerland and have ties to the company Tolaram Group. The company was founded in 1961 and conducted trading under the name of Nestle Products Nigeria Limited. It has its main factory in Agbara Industrial Estate, Ogun State. The firm manufactures breakfast cereal, baby food products, food seasoning and hydrolyzed plant protein mix. The firm was listed as one of the largest 100 companies in Africa by Africa Business magazine. History The company began business under the trade name of Nestle Products Nigeria, in 1969, the name was changed to Food Specialties Limited. It began trading on the Nigerian Stock Exchange in 1979 following an indigenization promotion decree. In 1991, the company's name was changed to Nestle Foods Nigeria and ten years later it became Nestle Nigeria PLC. At inception, the firm's operation was in distribution ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Public Limited Company
A public limited company (legally abbreviated to PLC or plc) is a type of public company under United Kingdom company law, some Commonwealth of Nations, Commonwealth jurisdictions, and the Republic of Ireland. It is a limited liability company whose shares may be freely sold and traded to the public (although a PLC may also be privately held, often by another PLC), with a minimum share capital of £50,000 and usually with the letters PLC after its name. Similar companies in the United States are called Public company, ''publicly traded companies''. Public limited companies will also have a separate legal identity. A PLC can be either an unlisted or listed company on the stock exchanges. In the United Kingdom, a public limited company usually must include the words "public limited company" or the abbreviation "PLC" or "plc" at the end and as part of the legal company name. Welsh companies may instead choose to end their names with , an abbreviation for '. However, some public l ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Nigerian Enterprises Promotion Decree
The Nigerian Enterprises Promotion Decree or NEPD 1972 as amended in 1977 was meant to effect changes in the ownership structure of businesses in Nigeria and to provide opportunity for indigenous capital to have assertive control of the economy. The law also restricted economic activities of foreign firms to certain areas and obliged the firms to add Nigerians as partners. Up to 1,130 companies were affected, some companies transferred equity through private placement while others listed on the stock exchange. A total of 81 companies listed shares on the stock exchange worth a total value of 210 million naira while majority offered the shares through private placement. The decree was repealed in 1995 with the promulgation of the Nigerian Investment Promotion Act. Background Prior to the end of colonial rule in 1960, Nigerian businessmen had been agitating for protection of indigenous capital from foreign competition, while a clamour to reduce expatriate quota resulted in Nigerian ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Manufacturing Companies Based In Lagos
Manufacturing is the creation or production of goods with the help of equipment, labor, machines, tools, and chemical or biological processing or formulation. It is the essence of secondary sector of the economy. The term may refer to a range of human activity, from handicraft to high-tech, but it is most commonly applied to industrial design, in which raw materials from the primary sector are transformed into finished goods on a large scale. Such goods may be sold to other manufacturers for the production of other more complex products (such as aircraft, household appliances, furniture, sports equipment or automobiles), or distributed via the tertiary industry to end users and consumers (usually through wholesalers, who in turn sell to retailers, who then sell them to individual customers). Manufacturing engineering is the field of engineering that designs and optimizes the manufacturing process, or the steps through which raw materials are transformed into a final ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Food And Drink Companies Established In 1961
Food is any substance consumed by an organism for nutritional support. Food is usually of plant, animal, or fungal origin, and contains essential nutrients, such as carbohydrates, fats, proteins, vitamins, or minerals. The substance is ingested by an organism and assimilated by the organism's cells to provide energy, maintain life, or stimulate growth. Different species of animals have different feeding behaviours that satisfy the needs of their unique metabolisms, often evolved to fill a specific ecological niche within specific geographical contexts. Omnivorous humans are highly adaptable and have adapted to obtain food in many different ecosystems. The majority of the food energy required is supplied by the industrial food industry, which produces food with intensive agriculture and distributes it through complex food processing and food distribution systems. This system of conventional agriculture relies heavily on fossil fuels, which means that the food and agricultural ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Food And Drink Companies Based In Lagos
Food is any substance consumed by an organism for nutritional support. Food is usually of plant, animal, or fungal origin, and contains essential nutrients, such as carbohydrates, fats, proteins, vitamins, or minerals. The substance is ingested by an organism and assimilated by the organism's cells to provide energy, maintain life, or stimulate growth. Different species of animals have different feeding behaviours that satisfy the needs of their unique metabolisms, often evolved to fill a specific ecological niche within specific geographical contexts. Omnivorous humans are highly adaptable and have adapted to obtain food in many different ecosystems. The majority of the food energy required is supplied by the industrial food industry, which produces food with intensive agriculture and distributes it through complex food processing and food distribution systems. This system of conventional agriculture relies heavily on fossil fuels, which means that the food and agricultural ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Milo (drink)
Milo ( ; stylised as MILO) is a chocolate-flavoured malted powder product produced by Nestlé, typically mixed with milk, hot water, or both, to produce a beverage. It was originally developed in Australia by Thomas Mayne (1901–1995) in 1934. Most commonly sold as a powder in a green can, often depicting various sporting activities, Milo is available as a premixed beverage in some countries and has been subsequently developed into a snack bar, breakfast cereal and protein granola. Its composition and taste differ from country to country. Milo maintains significant popularity in a diverse range of countries throughout the world, particularly in Australasia, Asia, Africa, and Latin America. History In 1934, Australian industrial chemist and inventor Thomas Mayne, who was working at Nestlé, developed "Milo" and launched it at the Sydney Royal Easter Show. Mayne came up with his formula for Milo combining malt extract (made from malted barley), full cream milk powder, coco ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Cerelac
Cerelac is a brand of instant cereal made by Nestlé. The cereal is promoted for infants 6 months and older as a supplement to breast milk when it is no longer the sole item in an infant's diet. Cerelac is not a substitute for breast milk and it is advised to continue breast feeding or infant formula along with Cerelac. Cerelac can help babies develop tastes for other food as they are weaned from breast milk. It also contains vitamins and minerals like iron, along with essential fatty acids. Cerelac products also contain probiotics that are found in the digestive tracts of breastfed babies. The brand was first registered in 1949 and it is currently sold in Kenya, Tanzania, Belgium, Denmark, Germany, Spain, Portugal, South America, Central America, North America, India, the Middle East, Nigeria, North Africa, Malawi, Nepal, Pakistan, Philippines, Ghana, Ivory Coast, South Africa, South East Asia, United Kingdom, Zambia and Zimbabwe Zimbabwe (), officially the Republic of Z ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Federal Capital Territory (Nigeria)
The Federal Capital Territory, commonly known as the FCT, is a federal territory in central Nigeria. Abuja, the capital city of Nigeria, is located in this territory. The FCT was formed in 1976 from parts of the states of old Kaduna State, Kaduna, Kwara State, Kwara, Niger State, Niger, and Plateau State, Plateau states, with the bulk of land mass carved out of Niger state. The Federal Capital Territory is within the North Central (Nigeria), North Central region of the country. Unlike other states of Nigeria, which are headed by elected Governors, it is administered by the Federal Capital Territory Administration, headed by a minister, who is appointed by the President of Nigeria, President. History The Federal Capital Territory, also known as the FCT, was created upon the promulgation of decree number 6 of 1976. It came into existence due to a need to find a replacement for the capital city of Lagos, which had become congested and had little space for expansion. The area c ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Osun State
Osun State (; yo, Ìpínlẹ̀ Ọ̀ṣun), occasionally known as the State of Osun by the state government, is a state in southwestern Nigeria; bounded to the east by Ekiti and Ondo states, to the north by Kwara State, to the south by Ogun State and to the west by Oyo State. Named for the River Osun—a vital river which flows through the state—the state was formed from the southeast of Oyo State on 27 August 1991 and has its capital as the city of Osogbo. Of the 36 states of Nigeria, Osun is the ninth smallest in area and nineteenth most populous with an estimated population of about 4.7 million as of 2016. Geographically, the state is divided between the Nigerian lowland forests in most of the state and the drier Guinean forest–savanna mosaic in the north. The major geographical features are rivers including the state's namesake, the River Osun which bisects the state's interior before forming much of the state's southwestern border with Oyo State and flowing south. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Lagos State
Lagos State ( yo, Ìpínlẹ̀ Èkó) is a States of Nigeria, state in South West (Nigeria), southwestern Nigeria. Of the 36 States of Nigeria, states, it is both the List of Nigerian states by population, most populous and List of Nigerian states by area, smallest in area. Bounded to the south by the Bight of Benin and to the west by the Benin–Nigeria border, international border with Benin Republic, Lagos State borders Ogun State to the east and north making it the only Nigerian state to border only one other state. Named for the city of Lagos—the List of urban areas in Africa by population, most populous city in Africa—the state was formed from the Western Region, Nigeria, Western Region and the former Federal Capital Territory on 27 May 1967. Geographically, Lagos State is dominated by bodies of water with nearly a quarter of the state's area being lagoons, creeks, and rivers. The largest of these bodies are the Lagos Lagoon, Lagos and Lekki Lagoon, Lekki lagoons in the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Lagos
Lagos (Nigerian English: ; ) is the largest city in Nigeria and the List of cities in Africa by population, second most populous city in Africa, with a population of 15.4 million as of 2015 within the city proper. Lagos was the national capital of Nigeria until December 1991 following the Government of Nigeria, government's decision to move their capital to Abuja in the center of the country. The Lagos metropolitan area has a total Population and housing censuses by country, population of roughly 23.5 million as of 2018, making it List of urban areas in Africa by population, the largest metropolitan area in Africa. Lagos is a major African financial center and is the economic hub of Lagos State and Nigeria at large. The city has been described as the cultural, financial, and entertainment capital of Africa, and is a significant influence on commerce, entertainment, technology, education, politics, tourism, art, and fashion. Lagos is also among the top ten of the world's fast ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
