The 20 Most Valuable Companies In Nigeria

 


Discover the 20 most valuable companies in Nigeria. When it comes to how valuable a company is, the market value of the company’s stocks on the Stock Exchange is what is considered. These companies’ stocks are the Blue chip stocks as they are called by stock brokers and analysts. Here are the 20 most valuable companies in Nigeria according to their market values on the floor of the Nigerian Stock Exchange.

Cadbury Nigeria Plc – Market Value: 150.3 billion NGN
First from the rear of the 20 most valuable companies in Nigeria is Cadbury Nigeria Plc, one of the largest food beverage and confectionery producers in Nigeria. Cadbury are the producers of Bournvita, Tom-Tom, Buttermint etc.

Union Bank of Nigeria Plc – Market Value: 168.9 billion NGN
Union Bank is one of the oldest financial institutions in Nigeria. A full-service commercial bank, UBN provides services in business banking, personal banking, treasury services, and commercial lending. Although many think Union Bank is one of the old fashioned banks in Nigeria, however they still found their way in the 20 most valuable companies in Nigeria by market value.

Flour Mills of Nigeria Plc – Market Value: 186.1 billion NGN
The 54 year old company is a forerunner in wheat milling in Nigeria. Popularly known for its brand, Golden Penny remains one of the most preferred brands among bakers, confectioneries and consumers in Nigeria. Flour Mills has a milling capacity of over 8000 metric tons per day, which is one of the largest single site mills in the world.

Transcorp Nig Plc– Market Value: 195.5 billion NGN
Transcorp is a leading diversified conglomerate in Nigeria. The company focuses on acquiring and managing strategic businesses for long term shareholder returns and socio-economic impact. Transcorp operates on four strategic sectors: Power, Oil and Gas, Hospitality and Agriculture.






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