10 Most Valuable Companies In Nigeria – (Updated List)

What are the most valuable companies in Nigeria? Nigeria is a country filled with industrious people, nothing less is expected from the largest black nation on earth, this article is centered on the top 10 most valuable companies in Nigeria currently.

Just as the global economy is growing even with widespread pandemics affecting many countries of the world companies in Nigeria are not excluded. Though a lot of countries received a huge hit due to COVID-19 and we see many companies lose their businesses, it is difficult to see a big company go out of business as every measure will be put in place to mitigate such unexpected issues like COVID.

Moving away from the pandemic, we also know that Nigeria doesn’t have business-friendly policies coupled with the lack of electricity which the majority of companies if not all use to operate. It seems as if all the negative points mentioned do not affect the companies on our list as they continue to operate and thrive without barriers.

Read Also: African Car Manufacturing Companies And Their Owners

Many Nigeria companies are competing shoulder to shoulder with their counterparts from advanced-economy countries, over time many companies have seen their value increase steadily thereby securing a spot on the list of the most valuable companies in Nigeria and even in Africa.

Want to know the most valued companies in Nigeria? Below is a table showing you the list of the most valuable companies in Nigeria.

10 Most Valuable Companies In Nigeria

RankCompanyMarket cap
1.Dangote Cement$5.19 billion
2.MTN Nigeria$4.77 billion
3.BUA Cement$3.11 billion
4.Airtel Africa$2.92 billion
5.Nestlé Nigeria$1.71 billion
6.Guaranty Trust Bank$1.44 billion
7.Zenith Bank$1.14 billion
8.Seplat Petroleum Development$758 million
9.Stanbic IBTC Holdings$711 million
10.Access Bank$615 million

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