Top 8 companies in Nigeria

The strength and size of a company can be measured by its market capitalization. The market cap. of a firm also indicates the market value of a company at a particular time. It can rise and fall, based on the performance of the shares of the firm on the stock market. The shares are in turn influenced investors reactions to events and things happenings in the firm.

Business in Nigeria

Being the most populated country in Africa and one of the most populated territories in the world, Nigeria with over 190 million citizens has so many spheres and industries to develop.

Which company is the richest company in Nigeria these days? You can guess the major fields that are the most valuable and bring the most money. They are:

Oil & gas
Finances
Food production
Agriculture
Building

Other industries can also make good money. However, banks, oil corporations, and huge building companies are valued the most in the market.

Nigerian Breweries

Nigerian Breweries is one of the largest brewery companies in Africa. Moreover, it is the first and the oldest brewery firm in Nigeria. It is included in the top 10 list of the best manufacturing companies in the country. It was formed on November 16, 1946. Nigerian Breweries produces such prominent alcoholic beverages as:

Gulder Lager
Heineken
Ace Passion Apple Spark
Legend Extra Stout
Goldberg Lager
Star Lite Lager
Life Continental Lager
Strongbow cider

Among others, the line of non-alcoholic drinks is represented by such names as:

Maltina
Malta Gold
Amstel Malta
Climax Energy Drink
Fayrouz

2. Nestle Nigeria

Nestle is indeed considered one of the eldest companies on the planet. It is the largest food company on the globe. Two leading Swiss enterprises founded Nestle in 1866. Nestle Nigeria is the major FMCG company in Nigeria. It is always included in the list of top companies in Nigeria according to all possible ratings. In particular, Nestle Nigeria produces:

Infant foods
Seasonings
Performance and Healthcare Nutrition
Frozen and refrigerated food
Soup and sauces
Bottled water
Breakfast cereals
Pet food
Milkshakes

3. Dangote Group

Dangote Group is the major industrial conglomerate in West Africa. The richest black man on the planet, Aliko Dangote, owns the company. He founded his company in 1981. It manufactures various categories of goods. These are flour, sugar, salt, cement, steel, packaging materials, oil and gas, etc. The most well-known subsidiaries of Dangote Group are:

Dangote Transport
Dangote Textiles
Dangote Cement
Dansa Foods Limited
Kura Holdings Limited
Dancom Technologies
Dangote Tomato plantation

4. Unilever Nigeria

Unilever Nigeria was created in 1923. It is the biggest producer of various categories of products. The most popular of them are:

Royco
Lipton
Lux
Omo
Knorr

Lifebuoy
Vaseline
Pears
Blue Band
Sunlight
Close Up
Pepsodent

By the way, every year Unilever directly affects the lives of more than two billion people on the planet through their quality range of products.

5. PZ Cussons

PZ Cussons is another company, which takes the place of honor on our list of the best companies in Nigeria. It is one of the biggest manufacturers of plenty of various household products in Nigeria. Among others, the most prominent titles are:

Venus
Cussons Baby
Joy soap
Robb

Nunu
Zip
Morning Fresh
Nutricima

6. Lafarge Cement

Lafarge Cement is another company in our list of top companies in Nigeria. It is the largest cement producer in Nigeria. The headquarters of this company is located in France. Lafarge Cement arrived in Nigerian market with the vision of subsidising to the development of Nigeria through the construction of better cities.

7. British American Tobacco

Since 1912, British American Tobacco (BAT) has been working in Nigeria. It has the operational office in Lagos. This company proposes the highest payments in our country. At that time, the Group owned a 60% shareholding value in the Nigerian Tobacco Company, and the Nigerian Government held 40%. In 1978, three operating factories worked in Zaria Port-Harcourt and Ibadan. On July 11, 2000, British American Tobacco Nigeria was incorporated. In several months, it joined with the Nigerian Tobacco Company. Presently, the British American Tobacco Group fully operates and owns this company.

Presently, British American Tobacco Nigeria produces such international brands as:

St. Moritz
Royal Standard
Consulate
Rothmans
Benson and Hedges
London
Pall Mall

8. Guaranty Trust Bank

Guaranty Trust Bank provides commercial banking services to its customers in Nigeria, UK and other African countries. It offers retail banking services, granting of loans and advances, equipment leasing, corporate finance, money market activities, and allied services, as well as foreign exchange operations. The bank’s only subsidiary is involved in funds and portfolio management services.