Nigeria’s biggest glass maker, Beta Glass Plc, is riding a wave of investor optimism, with its share price up more than 250 percent year-to-date, as the packaging manufacturer positions itself for sustained profitability in 2025.
The UK-based Frigoglass Group’s stock jumped 10 percent on June 11 to N231.10 after closing at N210.10 a day earlier. The surge reflects growing investor confidence in the company’s financial outlook, driven by steady demand for packaging products across consumer and industrial sectors.
Beta Glass, a key supplier to multinationals in Nigeria and over nine countries, including Francophone West Africa, has emerged as one of the Nigerian Exchange’s top performers this year, gaining more than 256 percent since January.
