List of Top Companies in Nigeria 2022

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.NODescriptionTotal SalesSector / IndustryEmployeesDebt to Equity Ratio Return on Equity Stock Symbol
1MTN NIGERIA COMMUNICATIONS PLC$ 3,411 MillionSpecialty Stores18446.7185%MTNN
2DANGOTE CEMENT PLC$ 2,620 MillionConstruction Materials154780.640%DANGCEM
3ECOBANK TRANSNATIONAL INC$ 2,126 MillionMajor Banks140232.115%ETI
4FLOUR MILLS OF NIGERIA PLC$ 1,884 MillionAgricultural Commodities/Milling50830.916%FLOURMILL
5ACCESS BANK PLC$ 1,776 MillionRegional Banks54343.617%ACCESS
6ZENITH BANK PLC$ 1,643 MillionRegional Banks0.921%ZENITHBANK
7UNITED BANK FOR AFRICA PLC – NIGERIA$ 1,572 MillionRegional Banks108241.319%UBA
8FBN HOLDINGS PLC$ 1,403 MillionRegional Banks83412.77%FBNH
9GUARANTY TRUST HOLDING COMPANY PLC$ 1,017 MillionRegional Banks0.324%GTCO
10NIGERIAN BREWERIES PLC$ 854 MillionBeverages: Alcoholic29900.55%NB
11NESTLE PLC – NIGERIA$ 727 MillionFood: Major Diversified22392.1107%NESTLE
12JULIUS BERGER PLC – NIGERIA$ 612 MillionEngineering & Construction122171.03%JBERGER
13STANBIC IBTC HOLDINGS PLC$ 594 MillionRegional Banks29721.615%STANBIC
14LAFARGE CEMENT WAPCO PLC$ 584 MillionConstruction Materials13790.112%WAPCO
15DANGOTE SUGAR REFINERY PLC$ 543 MillionAgricultural Commodities/Milling0.015%DANGSUGAR
16BUA CEMENT PLC$ 531 MillionConstruction Materials10010.521%BUACEMENT
17FIDELITY BANK PLC$ 525 MillionRegional Banks29451.013%FIDELITYBK
18TOTALENERGIES MARKETING NIGERIA PLC$ 519 MillionOil Refining/Marketing0.947%TOTAL
19FCMB GROUP PLC$ 482 MillionRegional Banks36102.39%FCMB
20ARDOVA PLC$ 461 MillionOil Refining/Marketing1460.67%ARDOVA
21GUINNESS NIGERIA PLC$ 391 MillionBeverages: Alcoholic0.38%GUINNESS
22UNION BANK OF NIGERIA PLC$ 376 MillionRegional Banks23421.110%UBN
23STERLING BANK PLC$ 363 MillionRegional Banks23671.310%STERLNBANK
24INTERNATIONAL BREWERIES PLC$ 347 MillionBeverages: Alcoholic20820.8-10%INTBREW
25CONOIL PLC$ 298 MillionOil Refining/Marketing1980.310%CONOIL
26UAC PLC – NIGERIA$ 206 MillionFood: Major Diversified13960.22%UACN
27WEMA BANK PLC$ 203 MillionRegional Banks1.414%WEMABANK
28PZ CUSSONS NIGERIA PLC$ 201 MillionHousehold/Personal Care11820.08%PZ
29AIICO INSURANCE PLC$ 195 MillionInsurance Brokers/Services0.85%AIICO
31UNILEVER NIGERIA PLC$ 157 MillionHousehold/Personal Care0.0-1%UNILEVER
32ETERNA PLC$ 149 MillionOil Refining/Marketing821.6ETERNA
33CUSTODIAN INVESTMENT PLC$ 140 MillionMulti-Line Insurance3620.023%CUSTODIAN
34UNITY BANK PLC$ 108 MillionRegional Banks-1.7UNITYBNK
35MRS OIL PLC – NIGERIA$ 106 MillionWholesale Distributors0.1-10%MRS
36AXAMANSARD INSURANCE PLC$ 94 MillionMulti-Line Insurance0.110%MANSARD
37CADBURY PLC – NIGERIA$ 90 MillionFood: Specialty/Candy0.611%CADBURY
38VITAFOAM PLC – NIGERIA$ 85 MillionIndustrial Specialties0.941%VITAFOAM
39CAVERTON OFFSHORE SUPPORT GROUP PLC$ 82 MillionMiscellaneous Commercial Services1.36%CAVERTON
40NASCON ALLIED INDUSTRIES PLC$ 71 MillionChemicals: Specialty0.321%NASCON
41C AND I LEASING PLC$ 71 MillionFinance/Rental/Leasing3522.8-2%CILEASING
42BETA GLASS PLC$ 65 MillionContainers/Packaging0.115%BETAGLAS
43PRESCO PLC$ 61 MillionAgricultural Commodities/Milling0.644%PRESCO
44OKOMU OIL PALM CO PLC$ 59 MillionAgricultural Commodities/Milling0.339%OKOMUOIL
45E TRANZACT INTERNATIONAL PLC$ 58 MillionInformation Technology Services0.2-135%ETRANZACT
46GALAXO SMITHKLINE CONSUMER PLC – NIGERIA$ 54 MillionPharmaceuticals: Other1130.04%GLAXOSMITH
47JAIZ BANK PLC$ 50 MillionMajor Banks6091.219%JAIZBANK
48MUTUAL BENEFITS ASSURANCE PLC$ 49 MillionMulti-Line Insurance3500.1-7%MBENEFIT
49FIDSON HEALTHCARE PLC$ 46 MillionPharmaceuticals: Other4050.922%FIDSON
50NEM INSURANCE CO PLC$ 46 MillionMulti-Line Insurance0.031%NEM
51NOTORE CHEMICAL IND PLC[BLS]$ 42 MillionChemicals: Agricultural2.8-38%NOTORE
52UNITED CAPITAL PLC$ 33 MillionRegional Banks13.644%UCAP
53LIVESTOCK FEEDS PLC$ 28 MillionAgricultural Commodities/Milling810.833%LIVESTOCK
54TRANSCORP HOTELS PLC$ 26 MillionHotels/Resorts/Cruise lines7680.4-1%TRANSCOHOT
55ROYAL EXCHANGE PLC$ 25 MillionMulti-Line Insurance3241.9-29%ROYALEX
57MAY AND BAKER PLC – NIGERIA$ 24 MillionPharmaceuticals: Other0.918%MAYBAKER
58RED STAR EXPRESS PLC$ 23 MillionAir Freight/Couriers0.110%REDSTAREX
59CHEMICAL AND ALLIED PRODUCTS PLC$ 22 MillionIndustrial Specialties0.325%CAP
60WAPIC INSURANCE PLC$ 22 MillionProperty/Casualty Insurance0.0-2%WAPIC
61NORTHERN NIGERIA FLOUR MILLS PLC$ 21 MillionAgricultural Commodities/Milling630.23%NNFM
62ASSOCIATED BUS COMPANY PLC$ 20 MillionOther Transportation1.1-16%ABCTRANS
63LASACO ASSURANCE PLC$ 20 MillionLife/Health Insurance1570.01%LASACO
64CORNERSTONE INSURANCE CO PLC$ 19 MillionMulti-Line Insurance1560.013%CORNERST
65CONSOLIDATED HALLMARK INSURANCE PLC$ 19 MillionLife/Health Insurance1780.09%CHIPLC
66NIGERIAN AVIATION HANDLING CO PLC$ 18 MillionOther Transportation0.218%NAHCO
67CHAMPION BREWERY PLC$ 18 MillionBeverages: Alcoholic1420.19%CHAMPION
68SOVEREIGN TRUST INSURANCE PLC$ 18 MillionInsurance Brokers/Services0.29%SOVRENINS
69SKYWAY AVIATION HANDLING COMPANY PLC$ 18 MillionOther Transportation16300.04%SKYAVN
70SCOA NIGERIA PLC$ 17 MillionMotor Vehicles0.7-11%SCOA
71CUTIX PLC$ 17 MillionElectrical Products2360.524%CUTIX
72R T BRISCOE PLC$ 16 MillionSpecialty Stores199-1.5RTBRISCOE
73LINKAGE ASSURANCE PLC$ 16 MillionProperty/Casualty Insurance0.0-4%LINKASSURE
74NCR PLC – NIGERIA$ 13 MillionInformation Technology Services1160.0NCR
75IKEJA HOTEL PLC$ 13 MillionHotels/Resorts/Cruise lines0.0-40%IKEJAHOTEL
76REGENCY ALLIANCE INSURANCE PLC$ 13 MillionMulti-Line Insurance2160.09%REGALINS
77PRESTIGE ASSURANCE CO PLC$ 13 MillionProperty/Casualty Insurance880.08%PRESTIGE
78UNITYKAPITAL ASSURANCE PLC$ 12 MillionInsurance Brokers/Services2570.010%VERITASKAP
79NPF MICROFINANCE BANK PLC$ 12 MillionRegional Banks1.015%NPFMCRFBK
80CHELLARAMS PLC.$ 12 MillionIndustrial Conglomerates-1.4CHELLARAM
81BERGER PAINTS PLC – NIGERIA$ 10 MillionIndustrial Specialties1530.16%BERGER
82DAAR COMMUNICATIONS PLC$ 9 MillionBroadcasting5400.2-33%DAARCOMM
83AFRICA PRUDENTIAL REGISTRARS PLC$ 9 MillionInvestment Banks/Brokers910.014%AFRIPRUD
85LEARN AFRICA PLC$ 6 MillionPublishing: Books/Magazines0.12%LEARNAFRCA
86CHAMS PLC$ 5 MillionInformation Technology Services0.93%CHAMS
87TRIPPLE GEE AND COMPANY PLC$ 5 MillionOffice Equipment/Supplies1041.411%TRIPPLEG
88ACADEMY PRESS PLC$ 4 MillionPublishing: Books/Magazines2194.340%ACADEMY
89UNIVERSITY PRESS PLC$ 3 MillionPublishing: Books/Magazines0.015%UPL
90INFINITY TRUST MORTGAGE BANK PLC$ 3 MillionFinance/Rental/Leasing750.610%INFINITY
91JOHN HOLT PLC$ 3 MillionWholesale Distributors0.4-27%JOHNHOLT
92TANTALIZERS PLC$ 2 MillionRestaurants5.6-127%TANTALIZER
93GUINEA INSURANCE PLC$ 2 MillionLife/Health Insurance670000.0-4%GUINEAINS
94MEYER PLC.$ 2 MillionIndustrial Specialties0.0119%MEYER
95JAPAUL GOLD & VENTURES PLC$ 2 MillionOther Transportation1322.8-60%JAPAULGOLD
96TRANS NATIONWIDE EXPRESS PLC$ 2 MillionAir Freight/Couriers0.0-9%TRANSEXPR
97AFROMEDIA PLC$ 1 MillionAdvertising/Marketing Services-0.8AFROMEDIA
98PHARMA DEKO PLC$ 1 MillionPharmaceuticals: Major630.0-16%PHARMDEKO
99FTN COCOA PROCESSORS PLC$ 1 MillionAgricultural Commodities/Milling73-55.3FTNCOCOA
100SFS REAL ESTATE INVESTMENT TRUST$ 1 MillionReal Estate Investment Trusts0.07%SFSREIT
101PREMIER PAINTS PLC$ 0.5 MillionIndustrial Specialties20-0.9PREMPAINTS
102MULTIVERSE MINING AND EXPLORATION PLC$ 0.4 MillionConstruction Materials9.4-45%MULTIVERSE
103OMATEK VENTURES LTD$ 0.2 MillionInformation Technology Services-0.6OMATEK
List of Top Companies in Nigeria

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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