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Nestle Nigeria Plc

₦3,125
▲ 0.8%+40% YTD
≈ $2.23 · Forex rate

Key stats

Market cap
₦800B
P/E ratio
35.0x
Dividend yield
2.0%
52-week range
₦1,500 – ₦3,400
Founded
1961
Listed
1979
Board
Premium Board
Industry
Food & Beverages
HQ
Ilupeju, Lagos
CEO
Wassim Elhusseini
Shares
0.793B
ISIN
NGNESTLE00007

NESTLE Price History

Yearly close — last 5-7 years

₦801₦1.3K₦1.8K₦2.2K₦2.7K₦3.2K20192020202120222023202420252026

🧮 If you had invested in NESTLE…

₦1,000,000 in NESTLE 3 years ago would be worth:
₦2,731,278
▲ +₦1,731,278 (+173.1%)
From Dec 2022 (₦1,135) to Apr 2026 (₦3,100) · 881 shares

Past performance does not guarantee future returns.

Key milestones

1961
Nestle Nigeria established
1979
Listed on Nigerian Stock Exchange
1985
Maggi cube launched
1995
Agbara factory complex commissioned
2010
Milo became dominant chocolate beverage in West Africa
2020
Local raw material sourcing program launched
2025
PAT reached ₦70 billion

Dividend History

YearInterimFinalTotal /share
2025—₦55₦55
2024—₦40₦40
2023—₦42₦42
2022₦26₦21₦46
2021₦26₦45₦70

Financial Highlights (₦ Billions)

Metric202320242025
Revenue₦485B₦620B₦780B
Net profit₦38B₦52B₦70B
Profit margin7.8%8.4%9.0%
EPS₦48₦65.6₦88.3
Total assets₦310B₦380B₦450B
ROE55.0%50.0%48.0%

Why Lagosian dey care about NESTLE

Nestle Nigeria products dey every Lagos kitchen. Maggi cube for jollof. Milo for pikin school. Golden Morn breakfast. Nescafe for office. Maggi own ~80% of Nigerian seasoning cube market. When Nestle raise Maggi price, every Lagos house feel am.

About di company

Nestle Nigeria na di Nigerian subsidiary of Nestle SA (world largest food and beverage company). Dem dey manufacture for Nigeria since 1961. Main factory dey Agbara, Ogun (near Lagos). Brands: Maggi, Milo, Golden Morn, Nescafe, Cerelac, Nestle Pure Life. Maggi alone na ~35% of revenue. Revenue na ₦780 billion for 2025. ROE ~48%.

Business segments

1.Food (Maggi seasoning) — ~35% of revenue
2.Dairy & Beverages (Milo, Nescafe)
3.Cereals (Golden Morn)
4.Bottled Water (Nestle Pure Life)
5.Infant Nutrition (Cerelac)
📈 Why buy

Maggi monopoly with 80% market share gives massive pricing power. Brand portfolio cuts across all income levels. 48% ROE among highest globally. Nestle SA parent provides global brand support. Defensive consumer goods.

📉 Why fear

35x PE reflects premium valuation. Consumer purchasing power compression. FX exposure on imported raw materials. Competitive pressure from Indomie (instant noodle category) and Bua Foods.

Key risks

  • ⚠FX risk on imported raw materials (cocoa, milk powder)
  • ⚠Consumer purchasing power decline
  • ⚠Competition from Indomie, Bua Foods
  • ⚠Nestle SA parent strategic shifts
  • ⚠Sugar tax exposure

Trading activity — past 3 months

Nestle Nigeria has relatively low daily volume given its high price (₦3,100/share). NESTLE traded 6.5 million shares in 14,500 deals worth ₦18 billion over the past three months. The stock attracts long-term institutional holders rather than retail traders.

Consumer Goods sector — NESTLE dey rank 2 of 4

By market cap

#TickerNamePriceYTD
1BUAFOODSBUA Foods Plc₦967+65%
2NESTLENestle Nigeria Plc₦3,125+40%
3GUINNESSGuinness Nigeria Plc₦447+55%
4CADBURYCadbury Nigeria Plc₦70+80%
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FIDELITYBK · ₦18

Frequent Question

NESTLE (Nestle Nigeria Plc) na trading at ₦3,125. Up 0.81% today, +40% YTD.

Important Disclaimer

Stock prices wey dey dis page dey delayed by at least 30 minutes and na for informational purposes only. Lagos.cool NO be licensed stockbroker, investment advisor, or securities dealer. We no dey buy, sell, or recommend any securities.

Past performance no be guarantee for future result. Stock price fit go down as e fit go up, and you fit lose some or all of your investment. Always consult licensed stockbroker or financial advisor before you make investment decision.

Data dey come from di Nigerian Exchange (NGX) and public corporate disclosure.