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Nestle Nigeria PLC

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NESTLE:LAG

Nestle Nigeria PLC

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Consumer Staples Food Producers
  • Price (NGN)2,944.70
  • Today's Change-54.20 / -1.81%
  • Shares traded88.18k
  • 1 Year change+200.48%
  • Beta0.5588
Data delayed at least 60 minutes, as of Mar 02 2026 13:30 GMT.
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About the company

Nestle Nigeria Plc is a Nigeria-based food and beverage company. The Company is engaged in the manufacturing, marketing, and distribution of food products, including purified water throughout the country. The Company also exports some of its products to other countries within and outside Africa. Its segments include Food and Beverages. The Food segment includes the production and sale of Maggi, Cerelac, Nan, Lactogen and Golden Morn, and Snacking. The Beverages segment includes the production and sale of Milo, Milo energy cube, Nescafe, Milo ready-to-drink (RTD), and Nestle Pure Life. Its brands are Maggi, KitKat, Nestle Carnation, Nestle Purelife, Cerelac, Nestle Gloria, Nescafe, NIDO and others. The Company owns three manufacturing sites, seven branch offices, and a head office located in Lagos.

  • Revenue in NGN (TTM)1.21tn
  • Net income in NGN104.97bn
  • Incorporated1969
  • Employees2.60k
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Institutional shareholders

0.54%Per cent of shares held by top holders
HolderShares% Held
T. Rowe Price Associates, Inc. (IM)as of 31 Dec 20251.99m0.25%
T. Rowe Price International Ltd.as of 31 Dec 2025977.88k0.12%
M&G Investment Managers (Pty) Ltd.as of 31 Aug 2025385.00k0.05%
Eaton Vance Managementas of 31 Dec 2025370.30k0.05%
Boston Management & Researchas of 31 Oct 2025370.30k0.05%
Rudiarius Capital Management (Pty) Ltd.as of 30 Sep 202294.72k0.01%
Vetiva Fund Managers Ltd.as of 31 Dec 202478.87k0.01%
Sanlam Investment Management (Pty) Ltd.as of 31 Dec 20240.000.00%
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Data from 30 Sep 2022 - 31 Jan 2026Source: FactSet Research Systems Inc.
Data Provided by LSEG
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