Seplat and Nestle Lead Nigerian Exchange Stock Prices
As of March 6, 2026, Seplat Energy PLC and Nestle Nigeria PLC are recognized as the most expensive stocks on the Nigerian Exchange. Seplat Energy's stock closed at N9,099.90 per share, reflecting a year-to-date appreciation of 56.7%, up from N5,809.00 per share at the end of 2025.
The company reported a significant growth in its operations, with a 148% increase in production to 131,506 boepd and a revenue surge of 144% to N2.73 billion, marking its first full year of consolidating offshore assets. Nestle Nigeria's stock price also saw a substantial increase, appreciating nearly 66% year-to-date, closing at N3,250.00 per share.
Other notable stocks included Airtel Africa at N2,270.00 per share and Presco PLC at N2,315.40 per share. Market analysts, including Mr. Aruna Kebira of Globalview Capital Limited, emphasized that these stocks are significant drivers of the Nigerian stock market and contribute to the country's economic growth.
Plus234Feed summary based on reporting from This Day. Read the original report below.
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