Nigerian Food, Beverage & Tobacco Undiscovered Gems With Strong Fundamentals

Honeywell Flour Mills

Market Cap: ₦174.5b

Manufactures and markets wheat-based products in Nigeria.

Nascon Allied Industries

Market Cap: ₦307.8b

Manufactures and sells refined, edible, and grade salt in Nigeria.

Presco

Market Cap: ₦1.5t

Engages in the oil palm plantations development, palm oil milling, palm kernel processing, and vegetable oil refining businesses in Nigeria and Ghana.

International Breweries

Market Cap: ₦2.1t

Engages in the brewing, packaging, and marketing of beer, alcoholic flavored/non-alcoholic beverages, and soft drinks in Nigeria.

Okomu Oil Palm

Market Cap: ₦1.0t

Engages in the cultivation and plantation of oil palm and rubber in Nigeria.