Nigerian Utilities Undiscovered Gems With Strong Fundamentals

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High-performing small cap companies that haven't yet garnered significant analyst attention, and could lead to superior returns.

2 companies

Transcorp Power

Market Cap: ₦2.5t

Engages in the generation and sale of electric power in Nigeria and internationally.

TRANSPOWER

₦328.50

-12.1%

Transnational Corporation of Nigeria

Market Cap: ₦457.3b

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

TRANSCORP

₦45.00

4.4%

9.2%