Last updated on September 18th, 2022 at 06:54 am
Here you can find the list of Top Companies in Nigeria based on the total sales (Revenue) Turnover. MTN NIGERIA COMMUNICATIONS PLC is the largest company in Nigeria with Turnover of $ 3,411 Million followed by DANGOTE CEMENT PLC by Revenue.
MTN Nigeria Communications PLC is part of the MTN Group an emerging market communication services provider at the forefront of technological and digital innovation with a presence in 19 countries in Africa and the Middle East.
List of Top Companies in Nigeria
So Here is the List of Top Companies in Nigeria which are sorted out based on the total sales (Revenue).
List of companies in Nigeria stock exchange
| S.NO | Description | Total Sales | Sector / Industry | Employees | Debt to Equity Ratio | Return on Equity | Stock Symbol |
| 1 | MTN NIGERIA COMMUNICATIONS PLC | $ 3,411 Million | Specialty Stores | 1844 | 6.7 | 185% | MTNN |
| 2 | DANGOTE CEMENT PLC | $ 2,620 Million | Construction Materials | 15478 | 0.6 | 40% | DANGCEM |
| 3 | ECOBANK TRANSNATIONAL INC | $ 2,126 Million | Major Banks | 14023 | 2.1 | 15% | ETI |
| 4 | FLOUR MILLS OF NIGERIA PLC | $ 1,884 Million | Agricultural Commodities/Milling | 5083 | 0.9 | 16% | FLOURMILL |
| 5 | ACCESS BANK PLC | $ 1,776 Million | Regional Banks | 5434 | 3.6 | 17% | ACCESS |
| 6 | ZENITH BANK PLC | $ 1,643 Million | Regional Banks | 0.9 | 21% | ZENITHBANK | |
| 7 | UNITED BANK FOR AFRICA PLC – NIGERIA | $ 1,572 Million | Regional Banks | 10824 | 1.3 | 19% | UBA |
| 8 | FBN HOLDINGS PLC | $ 1,403 Million | Regional Banks | 8341 | 2.7 | 7% | FBNH |
| 9 | GUARANTY TRUST HOLDING COMPANY PLC | $ 1,017 Million | Regional Banks | 0.3 | 24% | GTCO | |
| 10 | NIGERIAN BREWERIES PLC | $ 854 Million | Beverages: Alcoholic | 2990 | 0.5 | 5% | NB |
| 11 | NESTLE PLC – NIGERIA | $ 727 Million | Food: Major Diversified | 2239 | 2.1 | 107% | NESTLE |
| 12 | JULIUS BERGER PLC – NIGERIA | $ 612 Million | Engineering & Construction | 12217 | 1.0 | 3% | JBERGER |
| 13 | STANBIC IBTC HOLDINGS PLC | $ 594 Million | Regional Banks | 2972 | 1.6 | 15% | STANBIC |
| 14 | LAFARGE CEMENT WAPCO PLC | $ 584 Million | Construction Materials | 1379 | 0.1 | 12% | WAPCO |
| 15 | DANGOTE SUGAR REFINERY PLC | $ 543 Million | Agricultural Commodities/Milling | 0.0 | 15% | DANGSUGAR | |
| 16 | BUA CEMENT PLC | $ 531 Million | Construction Materials | 1001 | 0.5 | 21% | BUACEMENT |
| 17 | FIDELITY BANK PLC | $ 525 Million | Regional Banks | 2945 | 1.0 | 13% | FIDELITYBK |
| 18 | TOTALENERGIES MARKETING NIGERIA PLC | $ 519 Million | Oil Refining/Marketing | 0.9 | 47% | TOTAL | |
| 19 | FCMB GROUP PLC | $ 482 Million | Regional Banks | 3610 | 2.3 | 9% | FCMB |
| 20 | ARDOVA PLC | $ 461 Million | Oil Refining/Marketing | 146 | 0.6 | 7% | ARDOVA |
| 21 | GUINNESS NIGERIA PLC | $ 391 Million | Beverages: Alcoholic | 0.3 | 8% | GUINNESS | |
| 22 | UNION BANK OF NIGERIA PLC | $ 376 Million | Regional Banks | 2342 | 1.1 | 10% | UBN |
| 23 | STERLING BANK PLC | $ 363 Million | Regional Banks | 2367 | 1.3 | 10% | STERLNBANK |
| 24 | INTERNATIONAL BREWERIES PLC | $ 347 Million | Beverages: Alcoholic | 2082 | 0.8 | -10% | INTBREW |
| 25 | CONOIL PLC | $ 298 Million | Oil Refining/Marketing | 198 | 0.3 | 10% | CONOIL |
| 26 | UAC PLC – NIGERIA | $ 206 Million | Food: Major Diversified | 1396 | 0.2 | 2% | UACN |
| 27 | WEMA BANK PLC | $ 203 Million | Regional Banks | 1.4 | 14% | WEMABANK | |
| 28 | PZ CUSSONS NIGERIA PLC | $ 201 Million | Household/Personal Care | 1182 | 0.0 | 8% | PZ |
| 29 | AIICO INSURANCE PLC | $ 195 Million | Insurance Brokers/Services | 0.8 | 5% | AIICO | |
| 30 | TRANSNATIONAL CORPORATION OF NIGERIA PLC | $ 191 Million | Electric Utilities | 958 | 0.9 | 11% | TRANSCORP |
| 31 | UNILEVER NIGERIA PLC | $ 157 Million | Household/Personal Care | 0.0 | -1% | UNILEVER | |
| 32 | ETERNA PLC | $ 149 Million | Oil Refining/Marketing | 82 | 1.6 | ETERNA | |
| 33 | CUSTODIAN INVESTMENT PLC | $ 140 Million | Multi-Line Insurance | 362 | 0.0 | 23% | CUSTODIAN |
| 34 | UNITY BANK PLC | $ 108 Million | Regional Banks | -1.7 | UNITYBNK | ||
| 35 | MRS OIL PLC – NIGERIA | $ 106 Million | Wholesale Distributors | 0.1 | -10% | MRS | |
| 36 | AXAMANSARD INSURANCE PLC | $ 94 Million | Multi-Line Insurance | 0.1 | 10% | MANSARD | |
| 37 | CADBURY PLC – NIGERIA | $ 90 Million | Food: Specialty/Candy | 0.6 | 11% | CADBURY | |
| 38 | VITAFOAM PLC – NIGERIA | $ 85 Million | Industrial Specialties | 0.9 | 41% | VITAFOAM | |
| 39 | CAVERTON OFFSHORE SUPPORT GROUP PLC | $ 82 Million | Miscellaneous Commercial Services | 1.3 | 6% | CAVERTON | |
| 40 | NASCON ALLIED INDUSTRIES PLC | $ 71 Million | Chemicals: Specialty | 0.3 | 21% | NASCON | |
| 41 | C AND I LEASING PLC | $ 71 Million | Finance/Rental/Leasing | 352 | 2.8 | -2% | CILEASING |
| 42 | BETA GLASS PLC | $ 65 Million | Containers/Packaging | 0.1 | 15% | BETAGLAS | |
| 43 | PRESCO PLC | $ 61 Million | Agricultural Commodities/Milling | 0.6 | 44% | PRESCO | |
| 44 | OKOMU OIL PALM CO PLC | $ 59 Million | Agricultural Commodities/Milling | 0.3 | 39% | OKOMUOIL | |
| 45 | E TRANZACT INTERNATIONAL PLC | $ 58 Million | Information Technology Services | 0.2 | -135% | ETRANZACT | |
| 46 | GALAXO SMITHKLINE CONSUMER PLC – NIGERIA | $ 54 Million | Pharmaceuticals: Other | 113 | 0.0 | 4% | GLAXOSMITH |
| 47 | JAIZ BANK PLC | $ 50 Million | Major Banks | 609 | 1.2 | 19% | JAIZBANK |
| 48 | MUTUAL BENEFITS ASSURANCE PLC | $ 49 Million | Multi-Line Insurance | 350 | 0.1 | -7% | MBENEFIT |
| 49 | FIDSON HEALTHCARE PLC | $ 46 Million | Pharmaceuticals: Other | 405 | 0.9 | 22% | FIDSON |
| 50 | NEM INSURANCE CO PLC | $ 46 Million | Multi-Line Insurance | 0.0 | 31% | NEM | |
| 51 | NOTORE CHEMICAL IND PLC[BLS] | $ 42 Million | Chemicals: Agricultural | 2.8 | -38% | NOTORE | |
| 52 | UNITED CAPITAL PLC | $ 33 Million | Regional Banks | 13.6 | 44% | UCAP | |
| 53 | LIVESTOCK FEEDS PLC | $ 28 Million | Agricultural Commodities/Milling | 81 | 0.8 | 33% | LIVESTOCK |
| 54 | TRANSCORP HOTELS PLC | $ 26 Million | Hotels/Resorts/Cruise lines | 768 | 0.4 | -1% | TRANSCOHOT |
| 55 | ROYAL EXCHANGE PLC | $ 25 Million | Multi-Line Insurance | 324 | 1.9 | -29% | ROYALEX |
| 56 | AFRICAN ALLIANCE INSURANCE CO PLC | $ 25 Million | Life/Health Insurance | 145 | 0.0 | AFRINSURE | |
| 57 | MAY AND BAKER PLC – NIGERIA | $ 24 Million | Pharmaceuticals: Other | 0.9 | 18% | MAYBAKER | |
| 58 | RED STAR EXPRESS PLC | $ 23 Million | Air Freight/Couriers | 0.1 | 10% | REDSTAREX | |
| 59 | CHEMICAL AND ALLIED PRODUCTS PLC | $ 22 Million | Industrial Specialties | 0.3 | 25% | CAP | |
| 60 | WAPIC INSURANCE PLC | $ 22 Million | Property/Casualty Insurance | 0.0 | -2% | WAPIC | |
| 61 | NORTHERN NIGERIA FLOUR MILLS PLC | $ 21 Million | Agricultural Commodities/Milling | 63 | 0.2 | 3% | NNFM |
| 62 | ASSOCIATED BUS COMPANY PLC | $ 20 Million | Other Transportation | 1.1 | -16% | ABCTRANS | |
| 63 | LASACO ASSURANCE PLC | $ 20 Million | Life/Health Insurance | 157 | 0.0 | 1% | LASACO |
| 64 | CORNERSTONE INSURANCE CO PLC | $ 19 Million | Multi-Line Insurance | 156 | 0.0 | 13% | CORNERST |
| 65 | CONSOLIDATED HALLMARK INSURANCE PLC | $ 19 Million | Life/Health Insurance | 178 | 0.0 | 9% | CHIPLC |
| 66 | NIGERIAN AVIATION HANDLING CO PLC | $ 18 Million | Other Transportation | 0.2 | 18% | NAHCO | |
| 67 | CHAMPION BREWERY PLC | $ 18 Million | Beverages: Alcoholic | 142 | 0.1 | 9% | CHAMPION |
| 68 | SOVEREIGN TRUST INSURANCE PLC | $ 18 Million | Insurance Brokers/Services | 0.2 | 9% | SOVRENINS | |
| 69 | SKYWAY AVIATION HANDLING COMPANY PLC | $ 18 Million | Other Transportation | 1630 | 0.0 | 4% | SKYAVN |
| 70 | SCOA NIGERIA PLC | $ 17 Million | Motor Vehicles | 0.7 | -11% | SCOA | |
| 71 | CUTIX PLC | $ 17 Million | Electrical Products | 236 | 0.5 | 24% | CUTIX |
| 72 | R T BRISCOE PLC | $ 16 Million | Specialty Stores | 199 | -1.5 | RTBRISCOE | |
| 73 | LINKAGE ASSURANCE PLC | $ 16 Million | Property/Casualty Insurance | 0.0 | -4% | LINKASSURE | |
| 74 | NCR PLC – NIGERIA | $ 13 Million | Information Technology Services | 116 | 0.0 | NCR | |
| 75 | IKEJA HOTEL PLC | $ 13 Million | Hotels/Resorts/Cruise lines | 0.0 | -40% | IKEJAHOTEL | |
| 76 | REGENCY ALLIANCE INSURANCE PLC | $ 13 Million | Multi-Line Insurance | 216 | 0.0 | 9% | REGALINS |
| 77 | PRESTIGE ASSURANCE CO PLC | $ 13 Million | Property/Casualty Insurance | 88 | 0.0 | 8% | PRESTIGE |
| 78 | UNITYKAPITAL ASSURANCE PLC | $ 12 Million | Insurance Brokers/Services | 257 | 0.0 | 10% | VERITASKAP |
| 79 | NPF MICROFINANCE BANK PLC | $ 12 Million | Regional Banks | 1.0 | 15% | NPFMCRFBK | |
| 80 | CHELLARAMS PLC. | $ 12 Million | Industrial Conglomerates | -1.4 | CHELLARAM | ||
| 81 | BERGER PAINTS PLC – NIGERIA | $ 10 Million | Industrial Specialties | 153 | 0.1 | 6% | BERGER |
| 82 | DAAR COMMUNICATIONS PLC | $ 9 Million | Broadcasting | 540 | 0.2 | -33% | DAARCOMM |
| 83 | AFRICA PRUDENTIAL REGISTRARS PLC | $ 9 Million | Investment Banks/Brokers | 91 | 0.0 | 14% | AFRIPRUD |
| 84 | NEIMETH INTERNATIONAL PHARMACEUTICALS PLC | $ 7 Million | Pharmaceuticals: Other | 202 | 2.1 | 20% | NEIMETH |
| 85 | LEARN AFRICA PLC | $ 6 Million | Publishing: Books/Magazines | 0.1 | 2% | LEARNAFRCA | |
| 86 | CHAMS PLC | $ 5 Million | Information Technology Services | 0.9 | 3% | CHAMS | |
| 87 | TRIPPLE GEE AND COMPANY PLC | $ 5 Million | Office Equipment/Supplies | 104 | 1.4 | 11% | TRIPPLEG |
| 88 | ACADEMY PRESS PLC | $ 4 Million | Publishing: Books/Magazines | 219 | 4.3 | 40% | ACADEMY |
| 89 | UNIVERSITY PRESS PLC | $ 3 Million | Publishing: Books/Magazines | 0.0 | 15% | UPL | |
| 90 | INFINITY TRUST MORTGAGE BANK PLC | $ 3 Million | Finance/Rental/Leasing | 75 | 0.6 | 10% | INFINITY |
| 91 | JOHN HOLT PLC | $ 3 Million | Wholesale Distributors | 0.4 | -27% | JOHNHOLT | |
| 92 | TANTALIZERS PLC | $ 2 Million | Restaurants | 5.6 | -127% | TANTALIZER | |
| 93 | GUINEA INSURANCE PLC | $ 2 Million | Life/Health Insurance | 67000 | 0.0 | -4% | GUINEAINS |
| 94 | MEYER PLC. | $ 2 Million | Industrial Specialties | 0.0 | 119% | MEYER | |
| 95 | JAPAUL GOLD & VENTURES PLC | $ 2 Million | Other Transportation | 132 | 2.8 | -60% | JAPAULGOLD |
| 96 | TRANS NATIONWIDE EXPRESS PLC | $ 2 Million | Air Freight/Couriers | 0.0 | -9% | TRANSEXPR | |
| 97 | AFROMEDIA PLC | $ 1 Million | Advertising/Marketing Services | -0.8 | AFROMEDIA | ||
| 98 | PHARMA DEKO PLC | $ 1 Million | Pharmaceuticals: Major | 63 | 0.0 | -16% | PHARMDEKO |
| 99 | FTN COCOA PROCESSORS PLC | $ 1 Million | Agricultural Commodities/Milling | 73 | -55.3 | FTNCOCOA | |
| 100 | SFS REAL ESTATE INVESTMENT TRUST | $ 1 Million | Real Estate Investment Trusts | 0.0 | 7% | SFSREIT | |
| 101 | PREMIER PAINTS PLC | $ 0.5 Million | Industrial Specialties | 20 | -0.9 | PREMPAINTS | |
| 102 | MULTIVERSE MINING AND EXPLORATION PLC | $ 0.4 Million | Construction Materials | 9.4 | -45% | MULTIVERSE | |
| 103 | OMATEK VENTURES LTD | $ 0.2 Million | Information Technology Services | -0.6 | OMATEK |
companies in Nigeria stock exchange. So finally these are the List of Top Companies in Nigeria which are sorted out based on the Turnover.
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