Share; Tweet; Nigerian stocks were blue hot on Friday, as investors momentarily went bullish on most listed stocks. Similarly, the overall market capitalization size gained N140.04 billion to close at N18.55 trillion. Some of the highlights of these initiatives include; sponsorship of financial literacy training for over 2000 participants across Kano, Gombe and Bauchi states. Dividends made by Nestle Nigeria from their annual profits to their shareholders are shown here - normally on an interim and annual basis. Nestle Nigeria Plc is a publicly listed food and beverage specialty company headquartered in Lagos. In lieu of this, the Board has reviewed and approved the request at its meeting held today. Vaccine Rollout Bullish for Oil, Cornerstone's Rothman Says, Industrial Avenue 22-24 Ilupej Nairametrics gathered that the bank’s CSR can be broadly categorized into five (5) broad areas namely; Health, Education, Sports/youth, Empowerment, Government/public infrastructure and policy and other projects/support. The company can also be said to be a leading nutrition, health and wellness company. In 2019, the bank spent N210 million in educational interventions and human capacity development. In 2019, it spent the sum of N345 million to provide medical support to low-income individuals in critical need of medical attention. READ: Interswitch to launch multi-currency prepaid card with Kenya’s credit bank. Nestlé S.A purchased 666,596 additional shares of Nestlé Nigeria Plc in 17 days, Nestle Nigeria Plc records 0.66% increase in export sales boost revenues, Flour Mills GMD purchased additional shares worth N209.29 million in 3 days, Flour Mills’ GMD acquires shares worth ₦54.6 million, Interswitch to launch multi-currency prepaid card with Kenya’s credit bank, FCMB Group posts N48.3 billion revenue in Q3 2020, Medical Free Zone to save Nigeria about $1billion in annual medical tourism – NEPZA, Jim Ovia: From a clerk to founder of Nigeria’s most profitable bank. Nigerian Stocks witness another positive at the mid-week trading session. View real-time stock prices and stock quotes for a full financial overview. The bank increased the number of its branches accessible to physically challenged persons from 30 in 2018 to 35 in 2019. Prior to the recent purchases, notifications issued by the Company’s Secretary on, 2nd, 4th and 9th December 2020, revealed that the parent company acquired additional shares of. googletag.pubads().definePassback('/42150330/nairametrics/Nairametrics_incontent_new', [300, 250]).set("page_url", "%%PATTERN:url%%").setClickUrl("%%CLICK_URL_UNESC%%").display(); Get the scoops and market intelligence that can helpyou make better investment decisions right in yourmailbox. Olumide Adesina. READ: Medical Free Zone to save Nigeria about $1billion in annual medical tourism – NEPZA. It is similar to SMS (Short Messaging Service) – but unlike SMS, USSD transactions are effective when a particular code is dialed on the phone and instructions are promptly followed. Touch device users, explore by touch or with swipe gestures. Zenith Bank’s policy on education is aimed at achieving free, equitable and quality education at various levels, such as primary and tertiary. It also increased its POS terminals by 95% from 16,425 in 2018 to 32,027 in 2019. Good food, good life – that is what we stand for. Zenith Bank Nigeria Plc disclosed that it has spent over N12 billion in five years (2014-2019) on Corporate Social Responsibility (CSR) investments in Nigeria. Also, its USSD transaction volume rose from 29.65 million in 2018 to 52.30 million in 2019, indicating an increase of 76.4% Y-o-Y. Nigeria and the rest of other Sub-Saharan Africa (SSA) recorded double-digit … Nigeria is a key market for Nestle where the stock and the brands have sustained decades of market leadership. The Bank’s healthcare initiatives are centred on providing maternal healthcare and medical support to members of its host communities. It began trading on the Nigerian Stock Exchange in 1979 following an indigenization promotion decree. It also sponsored the 2019/2020 CFA Institute Research Challenge among others. Is Zenith Bank thriving on the strength of sound financial indices? :NESTLE Dividend History; Ex-Divi Date Pay Date Type Dividend Curr. Between 2018 and 2019, the bank recorded a positive growth in its retail accounts product by an additional 1,457,581 indicating an increase of 144.4% Y-o-Y. Zenith Bank has recorded 30.8% and 76.4% YoY rise in its USSD banking transaction value and volume respectively. READ: Jim Ovia: From a clerk to founder of Nigeria’s most profitable bank. NESTLÉ NIGERIA PLC : News, information and stories for NESTLÉ NIGERIA PLC | Nigerian Stock Exchange: NESTLE | Nigerian Stock Exchange Today’s market upturn was impacted by gains recorded in […] Unstructured Supplementary Service Data (USSD) allows users without a smartphone or data/internet connection to use mobile banking at a cost-effective rate. The bank deployed additional 118 Automated Teller Machines (ATMs) from 1,817 in 2018 to 1,935 in 2019. From 538,910 individuals in 2018 to 737, 628 in 2019, indicating a growth of 36.87% Y-o-Y. The Nigerian Stock Exchange powers the growth of Africa's largest economy and offers a comprehensive range of products which includes shares (equities), exchange traded funds (ETFs) and bonds, all of which can be bought and sold on The NSE. The All-Share Index (ASI) rallied up by 0.76% to close at 35,493.15 points. Other key spending on education by the bank include; Construction of a 500-capacity hostel for St. Finbarr’s college, Supported St. Saviour’s school with the sum of ₦20million as annual sponsorship, Upgraded St. Francis Catholic school’s e-library, laboratories, wellness centre and classrooms amongst others. Corroborating this assertion is a part of the report which explicitly stated that the bank recorded a 36.87% increase in the number of unbanked individuals who received financial services from Zenith Bank in 2019. Nestlé Nigeria is also involved in the manufacture and distribution of purified water across the country. On 12th December, 41,869 additional shares of Nestlé Nigeria Plc at a price of N1,400.00 per share were purchased. Eternal Plc has announced plans of some of its shareholders to divest interest in the firm. Nestlé is the world's largest food & beverage company. Nestle Nigeria stock price, live market quote, shares value, historical data, intraday chart, earnings per share and news. Zenith Bank Nigeria Plc has recorded an impressive 30.8% and 76.4% YoY rise in its USSD banking transaction value and volume respectively, for the year ended 2019. This disclosure was made by Nestlé Nigeria Plc, in a notification issued and signed by the Company’s Secretary, Bode Ayeku. Some of the highlights of the healthcare initiatives executed by the bank includes Donation to Private Sector Health Alliance of Nigeria, supporting Iga-Idunganran primary healthcare centre with medical supplies for 12 months and spearheading the O’Five charity initiative. This category is unique and is equally beneficial to the society just like others. In 1991, the company's name was changed to Nestle Foods Nigeria and ten years later it became Nestle Nigeria PLC. READ: Geely Auto to invest 54 million dollars in the development of healthy cars. READ: Our major challenge is eliminating paper – Tito Ovia of Helium Health. The bank noted that the majority of its social investments goes into this category. Published. Nigeria’s stock market moved higher by +0.76 percent on Wednesday, driven by investors who showed buy interest in equities like Nestle Nigeria Plc, Flour Mills Nigeria Plc, Zenith Bank Plc, Guinness Nigeria Plc and GTBank Plc. Nestlé Nigeria’s shares opened the trading session on the Nigerian Stock Exchange today, November 16, 2020, at ₦1450.00 per share. Why it matters: The notification to the Exchange became imperative as part of the statutory guidelines required to effect the transaction. The firm has over 8 institutional investors, out of which only 4 hold more than 5% of the firm’s issued share capital. Government/Public infrastructure and policy. NESTLÉ NIGERIA PLC Stock technical analysis with dynamic chart and End-of-day quote | Nigerian Stock Exchange: NESTLE | Nigerian Stock Exchange The purchase of the shares of Nestlé Nigeria further cements the position of Nestlé S.A’s as the majority shareholder of the company. READ: Is Zenith Bank thriving on the strength of sound financial indices? Don't worry … We list all the recent dividend announcements and dividend yields from LAG:NESTLE where possible. Investing.com has all the historical stock data including the closing price, open, high, low, change and % change. Get Nestle Nigeria Plc historical price data for NESTLE stock. The growth in the bank’s USSD transaction value and volume is a positive indicator of a surge in mobile banking and financial inclusion, especially for under-banked and unbanked individuals. By. Market breadth closed positive as NESTLE led 43 Gainers as against 11 Losers topped by PRESTIGE at the end of today’s session. Nestle Nigeria Rapport Des Stocks - Les valeurs actuelles, des données historiques, des prévisions, des statistiques, des tableaux et le calendrier économique - Oct 2020. Based on the report, the bank’s USSD transaction value grew from N380.25 billion in 2018 to N497.29 billion, indicating a 30.8% rise. Nestlé S.A, a Swiss multinational food and drink processing company has further increased its equity stake in the Nestle Nigeria Plc in a share deal consummated on the Nigerian Stock Exchange on 7th and 9th of December 2020. Nestlé S.A has invested a whopping N147.8 million in shares of its Nestlé Nigeria Plc. Stock Market Total, Nestle, lead Nigerian Stocks to record high. All financial data … View the latest Nestle Nigeria PLC (NESTLE) stock price, news, historical charts, analyst ratings and financial information from WSJ. The four institutional investors who hold more than 5% of the issued share capital of Eterna Plc are; Lenux Integrated Resources Limited, Global Energy Engineering and Raw materials Limited, Radix Trustees Limited and Meristem Stockbrokers Limited. In line with the information contained in the financial statements of the company as of 30th September 2020, the company has 792,656,252 shares outstanding, with Nestlé S.A being the majority shareholder (525,537,201 units) – 66.30% of the total shares of the company outstanding. Stock analysis for Nestle Nigeria PLC (NESTLE:Lagos) including stock price, stock chart, company news, key statistics, fundamentals and company profile. Company Analysis and Financial Data Status. In 2019, the bank facilitated financial literacy workshops in 35 schools across the country, impacting 13,418 students which comprises of 6,601 boys and 6,817 girls. Dealings by insiders of listed companies are corporate actions to be disclosed, as required by the Nigerian Stock Exchange to aid transparency. In 2019, the bank invested N1.42billion to support government and agencies of the government at different levels. Your email address will not be published. Zenith Bank Nigeria Plc disclosed that it spent over N12 billion in five ) on Corporate Social Responsibility investments in Nigeria. on. NESTLÉ NIGERIA PLC : Evolution et révisions des estimations des analystes pour le bénéfice par action et le chiffre d'affaires de NESTLÉ NIGERIA PLC | NESTLE | Nigerian Stock Exchange Nestlé Nigeria honored with Awards. As at the time of reporting this, Nairametrics gathered that the company (Eternal Plc) is yet to have full details of the transactions, hence the reason for the anonymous status of the prospective new investor. 2 months ago. Nestlé S.A. has acquired 666,596 additional shares of its Nigerian subsidiary, worth ₦933 million in 17 days. The bank increased its physical branches by 76, from 529 branches in 2018 to 605 branches in 2019. NESTLE | Complete Nestle Nigeria PLC stock news by MarketWatch. On 11th December, 63,700 additional shares of Nestlé Nigeria Plc at a price of N1,400.00 per share were purchased. Lagos NESTLÉ NIGERIA PLC : Forcasts, revenue, earnings, analysts expectations, ratios for NESTLÉ NIGERIA PLC Stock | NESTLE | NGNESTLE0006 Stock analysis for Nestle Nigeria PLC (NFN) including stock price, stock chart, company news, key statistics, fundamentals and company profile. According to the notification issued by the Company’s Secretary and seen by Nairametrics, Nestlé S.A purchased the ordinary shares of Nestlé Nigeria Plc in this order: On 11th December, 63,700 additional shares of Nestlé Nigeria Plc at a price of N1,400.00 per share were purchased. This site uses Akismet to reduce spam. Nestle Nigeria Stock - Les valeurs actuelles, des données historiques, des prévisions, des statistiques, des tableaux et le calendrier économique - Sep 2020. Their products include baby foods, cereals, chocolate and confectionery, coffee, dairy, and drinks. It offers food products under the MAGGI, CERELAC, SMA, NAN... Show more. In the most recent year, 2019, it spent N238 million on investment in sports/youth and women empowerment. Analysts’ Sentiments on Nestlé’s Nigeria Stock Drop over Disappointing Outing. The equities market’s benchmark performance indicators –the All Share Index (ASI) increased to 35,493.15 percent, pushing the year-to-date (ytd) […] Earnings Announcement for Period Ending Y/2020. Hence, with the previous acquisitions and the recent acquisition of 105,569 additional units, Nestlé S.A’s ownership percentage of Nestlé Nigeria is now put at 66.50%. The world’s largest Food & Beverage Company which is the majority shareholder in Nestle Nigeria Plc purchased…. Read More Focusing on regenerative agriculture and moving to renewable electricity, Nestlé redoubles efforts to combat climate change. The bank complements the effort of the government in securing lives and properties and providing development infrastructures. Recall that Nairametrics on the 29th of November 2020 reported that Nestlé S.A purchased a total of 666,596 additional shares of its Nigerian subsidiary, Nestlé Nigeria Plc, in a deal worth N933.95 million. READ: Nestlé S.A purchased 666,596 additional shares of Nestlé Nigeria Plc in 17 days. READ: FCMB Group posts N48.3 billion revenue in Q3 2020. Nestle Nigeria's Dividends . NESTLE: NGSE (Nigerian Stock Exchange)Yes: Ordinary Shares: NG: NGN: Jan 1994: Biography. When autocomplete results are available use up and down arrows to review and enter to select. This price, however, is 89.67% higher than its 52-week low of ₦764.90. Learn how your comment data is processed. This is according to its recently released report tagged “Zenith Bank Plc-2019 Sustainability report,” made available on the Nigerian Stock Exchange platform. The consumer goods giant, Nestlé S.A has invested an additional N147.8 million in shares of its Nigerian Subsidiary (Nestlé Nigeria Plc). Nairametrics understands that the proposed new investor intends to undertake due diligence exercise on the company, as part of the process for the prospective sale/divestment. Everything you need to know about Nestlé is here: brands, key figures, milestones. Nigeria. In a disclosure statement released through the Nigerian Stock Exchange, the company said Nestle S.A bought ordinary shares of Nestle Nigeria Plc, 229,697 at N1,249.65 per share. This is according to the bank’s recent report tagged “Zenith Bank Plc – 2019 Sustainability Report,” made available on the Nigerian Stock Exchange platform. Total:NESTLE has not paid any dividends yet. The Board of Directors of Eterna Plc, one of the leading independent oil and gas downstream operators in Nigeria has approved plans by some of its major shareholders to divest or sell their equity holdings in the firm to a new investor. October 30, 2020. Nestle Nigeria reported Stock for its first fiscal quarter of 2019 We unlock the power of food to enhance quality of life for everyone, today and for generations to come. Nestlé Nigeria Plc manufactures, markets, and distributes food products in Nigeria. The bank stated that it does not consider CSR as a branding tool, rather as a must-have and an opportunity through which it contributes to a society that it is part of. The company operates through two segments, Food and Beverages. The bank invested N516 million to projects in this category in 2019. The bank stated that the reason it embarked on this initiative was to create additional livelihood options and decongest the corporate sector. Geely Auto to invest 54 million dollars in the development of healthy cars, Our major challenge is eliminating paper – Tito Ovia of Helium Health. Before it's here, it's on the Bloomberg Terminal. Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. Nigerian Stock Exchange capitalization value appreciated by N140.04 billion. According to the notification issued by the Company’s Secretary and seen by Nairametrics, Nestlé S.A purchased the ordinary shares of Nestlé Nigeria Plc in this order: This puts the total consideration for the shares purchased by the parent company at N147,796,600.00, READ: Nestle Nigeria Plc records 0.66% increase in export sales boost revenues, READ: Flour Mills GMD purchased additional shares worth N209.29 million in 3 days, READ: Flour Mills’ GMD acquires shares worth ₦54.6 million. Read More Nestlé Nigeria promotes youth education in host communities. This is according to a notification, signed by the company’s Secretary, Bunmi Agagu, and sent to the Nigerian Stock Exchange. Nestlé Nigeria Plc is a food processing group organized primarily around 2 families of products: - foods (62% of net sales): cereals (Nestlé Nutrend, Nestlé Cerelac and Nestlé Golden Morn brands), dairy products (Nido), chocolates and confectionery (Chocomilo) and seasoning products (Maggi); In terms of sports, the bank is a major sponsor of the Women Basketball League in Nigeria. Nairametrics gathered that Eterna Plc as at its last. Nestle S.A, the majority shareholder of Nestle Nigeria Plc, has increased its stake at its Nigerian subsidiary with the purchase of 229,697 additional shares on November 09, 2020. Nestlé Nigeria is one of the foremost food manufacturing and marketing company in the country. Mr. Ayeku disclosed that Nestlé S.A acquired the additional 105,569 units of Nestle Nigeria Plc shares in three transactions on the floor of the NSE, at an average share price of N1,400 per share. 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