Nigerian Top Stock Picks from Analysts

Aradel Holdings

Market Cap: ₦2.2t

An integrated energy company, engages in the exploration, production, refining, and distribution of oil and gas products in an integrated energy company, engages in the exploration, production, refining, and distribution of oil and gas products.

Transnational Corporation of Nigeria

Market Cap: ₦421.7b

Together with the subsidiaries, engages in the hospitality, power, agro-allied, and oil and gas businesses in Nigeria.

Sterling Financial Holdings

Market Cap: ₦237.7b

Provides various commercial banking services primarily to multinational companies, financial institutions, individuals, small businesses, partnerships, and commercial entities in Nigeria.

UAC of Nigeria

Market Cap: ₦85.2b

Operates in the animal feeds and other edibles, packaged food and beverages, and quick service restaurant business in Nigeria.

MRS Oil Nigeria

Market Cap: ₦60.0b

MRS Oil Nigeria Plc markets and distributes refined petroleum products in Nigeria.

Cadbury Nigeria

Market Cap: ₦52.4b

Manufactures and sells branded fast moving consumer goods in Nigeria.

Coronation Insurance

Market Cap: ₦52.3b

Through its subsidiaries, engages in underwriting of life and non-life insurance for individuals and corporate entities.

Cornerstone Insurance

Market Cap: ₦46.7b

Offers risk underwriting and related financial services for corporate and individual customers in Nigeria and internationally.

May & Baker Nigeria

Market Cap: ₦12.8b

May & Baker Nigeria Plc, together with its subsidiaries, manufactures, sells, and distributes human pharmaceuticals, human vaccines, and consumer products in Nigeria.

LASACO Assurance

Market Cap: ₦3.7b

Provides various insurance products and services in Nigeria.