Nascon Allied Industries Plc

NGSE:NASCON Stock Report

Market Cap: ₦593.2b

Nascon Allied Industries Management

Management criteria checks 2/4

We currently do not have sufficient information about the CEO.

Key information

Chief executive officer

n/a

Total compensation

CEO salary percentagen/a
CEO tenureno data
CEO ownershipn/a
Management average tenure8yrs
Board average tenure10.3yrs

Recent management updates

Recent updates

Narrative Update • May 06

Nascon Allied Industries Plc Delivers Exceptional FY 2025 Earnings Growth Driven by Strong Revenue Expansion and Finance Income Surge

Analyst: Qudus Adebara (Research Analyst) Executive Summary Nascon Allied Industries Plc delivered an outstanding FY 2025 performance, underpinned by strong revenue growth across its Salt and Seasoning segments, improved operating efficiency, and a significant increase in finance income. Revenue increased by 26.8% YoY to ₦152.69 billion , driven primarily by strong performance in the Salt segment.
Narrative Update • Mar 03

Q3 Result – Robust Earnings Momentum Sustained; Strong Revenue Growth Bolsters Margin Expansion

Analyst: Qudus Adebara Executive Summary Nascon Allied Industries Plc delivered a strong performance for the nine months ended 30 September 2025, sustaining substantial topline growth and improved profitability supported by higher volume demand and improved price-realization. Revenue surged 47% YoY to ₦117.35 billion , reflecting strong market traction for its consumer products, particularly in the salt and seasoning categories.
Narrative Update • Nov 02

Nascon Allied Industries Plc H1 2025 — Exceptional Top-Line Growth Supported by Pricing and Volume Gains

based on Q3 result

CEO

Nascon Allied Industries has no CEO, or we have no data on them.

Leadership Team

NamePositionTenureCompensationOwnership
Aderemi Saka
CFO, MD & Directorno datano datano data
Gerhard Scheepers
Head of Operations11.1yrsno datano data
Murtala Zubair
Head of Human Resources & Administration7.8yrsno datano data
Olushola Shosanya
Head of Sales9.3yrsno datano data
Olusegun Ajala
Head of Marketing8yrsno datano data
Patrick Mogaha
Head of Internal Audit9.6yrsno datano data
Shalom Okonmah
Head of Procurement8yrsno datano data
Ayokunle Ushie
Head of Risk Management7.4yrsno datano data
Tunde Iwamofe
Financial Controllerno datano datano data
Oluseun Oluwole
Company Secretary1.3yrsno datano data
8.0yrs
Average Tenure

Experienced Management: NASCON's management team is seasoned and experienced (8 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Aderemi Saka
CFO, MD & Director1.3yrsno datano data
Olakunle Alake
Interim Chairman21.4yrsno data0.17%
NGN 989.6m
Mahmud Tukur
Independent Non-Executive Directorless than a yearno datano data
Alhaji Dantata
Non-Executive Director21.4yrsno data0.075%
NGN 447.8m
Halima Aliko-Dangote
Non-Executive Director13.6yrsno datano data
Fatima Aliko-Dangote
Non-Executive Director10.3yrsno datano data
Fatima Wali-Abdurrahman
Director10.3yrsno datano data
Ifeyinwa Ighodalo
Independent Non-Executive Directorless than a yearno datano data
Tonya Lawani
Independent Non-Executive Directorless than a yearno datano data
10.3yrs
Average Tenure

Experienced Board: NASCON's board of directors are seasoned and experienced ( 10.3 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/09 22:50
End of Day Share Price 2026/06/09 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Nascon Allied Industries Plc is covered by 4 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Jennifer ChiweteluCordros Capital Ltd.
Samfrancis Okoro-UdeCordros Capital Ltd.
null nullMeristem Securities Limited