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Greif Nigeria Plc (NGX: VANLEER) | Share Price

Nigel Firth
Nigel Frith trader
Updated 27 Sep 2022

Greif Nigeria Plc is a company listed on the Nigerian Stock Exchange (NGX) that is part of the Resin, Synthetic Rubber, and Artificial and Synthetic Fibers and Filaments Manufacturing Industry.

Greif Nigeria Plc is manufacturing and marketing metal drums containers as well as plastic containers and sheet metal products for use in Nigeria.

Latest Greif Nigeria Plc Share Price

The graph above shows the latest Greif Nigeria Plc share price on the Nigerian Stock Exchange. Investors have seen Greif Nigeria Plc shares perform not well historically, and it not remains a steady investment. Greif Nigeria Plc stock is live on the NGX under the stock symbol of VANLEER and is available to trade via several brokers in Nigeria.

Overview of Greif Nigeria Plc

In 2019 it was announced that Greif Nigeria Plc had decided to temporarily suspend its operations n the country due to the fact that the company experienced challenging market conditions, as well as performing below operating and material costs.

Greif Nigeria Plc lost important customers halfway through the year was and not being able to recover cost, despite the reduction of prices.

Today, Greif Nigeria Plc’s portfolio of products and services are diversified in more sectors of the Industrials value chain and the company also offers services for steel punching and aluminium welding. Greif Nigeria Plc is subsidiary of Greif International Holding BV.

The history of Greif Nigeria Plc goes back to 1940 when it was founded as Van Leer Containers (Nigeria) Plc.

Greif Nigeria Plc has its head offices at 1 Alapata Road, (Off Dockyard Road), Apapa, Lagos, Nigeria.

The current Managing Director of Greif Nigeria Plc is Olakunle Adebayo Obadina.

Greif Nigeria Plc’s equity stocks are for sale online on the Nigerian Stock Exchange (NGX) under the stock symbol VANLEER.

Greif Nigeria Plc forms part of the Industrial Holding Industry and the Industrials Sector of the Nigerian Stock Exchange (NGX).

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Greif Nigeria Plc

Greif Nigeria Plc Stock Performance

The current price for Greif Nigeria Plc stocks on the Nigerian Stock Exchange (NGX) is 5.45 Nigerian Naira (NGN).

An analysis of financial data of Greif Nigeria Plc showed that the company has a total market capitalisation of 232 Million NGN, with a total of 42.6 Million shares outstanding.

With an increase of earnings per share and reliable profits over a period, investors who want to buy or sell Greif Nigeria Plc stocks can look forward to more profitable dividends and earnings in times to come.

According to an analysis on the live chart of Greif Nigeria Plc, analysts forecast further improved performance for the Industrials sector with market share growing as trading volumes increase.

Greif Nigeria

Highlights of Greif Nigeria Plc in 2021

Greif Nigeria Plc started the current financial year (2021) with a share price of 8.20 Nigerian Naira (NGN) on the Nigerian Stock Exchange (NGX), and it has lost 33.5 % in value on its price valuation, ranking 148th on the NGX with its year-to-date performance.

Greif Nigeria Plc is currently the 109th most-traded stock on the NGX and it has experienced a total trading volume of 441,550 shares, which were finalised in 7 deals and were valued at a total of 2.41 million Nigerian Naira (NGN) over the recent three month period August to November 2021, with an average of 7,009 shares in each trading session.

During the same period a volume high of 419,550 was achieved on 29 September.

Greif - How To Trade

How to buy Greif Nigeria Plc stocks – Step by Step

The stock market is one of the most attractive financial markets that sees millions of retail investors and traders participating daily. To buy, sell or trade Greif Nigeria Plc stocks on the Nigerian Stock Exchange (NGX), traders and investors can follow a few simple steps:

  1. Find the share that you want to buy, in this case, “VANLEER”.
  2. Select a forex broker that offers access to the Nigerian Stock Exchange (NGX).
  3. Review the broker's trading conditions, fees, deposit and withdrawal methods, trading platform, customer support, regulation, and other components to ensure that they are aligned with your trading plan.
  4. Open a live trading account with the broker by completing the online application form and providing the necessary documentation to verify the trading account.
  5. Once your account has been activated, you are ready to make your first share purchase through the broker.
  6. From here you can start to build and diversify your portfolio by buying more shares.


The Nigerian Stock Exchange (NGX) (officially the Nigerian Exchange Group) is a leading integrated market organisation in Africa servicing the continent’s largest economy, that of Nigeria. The Exchange provides capital access to companies that seek to take advantage of the financial markets to fund their business expansion. The NGX also provides its collection of domestic, regional, and international investors with an array of regulated securities to achieve their investment objectives.

The NGX publishes the benchmark, value-weighted All-Share Index (ASI), formulated in January 1984 with a base value of 100 and which tracks the general market movement of all listed equities on the Exchange.

The NGX30 and NGX50 are additional indices that track the top 30 and 50 companies in terms of market capitalization and liquidity respectively. Only fully paid-up common shares weighted by adjusted market capitalization are admitted to these indices.

In March 2021, the Nigerian Stock Exchange was transformed into a shareholder-owned, profit making entity, the Nigerian Exchange Group Plc, when it was demutualised from a member-owned not-for-profit entity.

Nigel Firth
Nigel has been in the regulated financial services industry for nearly a decade, has previously owned a financial brokerage and has written many times for sites relating to personal finance and trading.