Cadbury Nigeria: Mondelez gets paid, minorities please wait

Cadbury Nigeria’s nine-month numbers read like a recovery story. The related-party notes read more like the accounts of a well-run Mondelez branch office. Cadbury Nigeria’s nine-month profit of N10.1 billion already beats its whole of 2025. Gross margin is back near 29%, and borrowings are down by a third. For minority shareholders who have waited […] The post Cadbury Nigeria…