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

Transnational Corporation of Nigeria

Market Cap: ₦505.1b

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

TRANSCORP

₦49.70

5.7%

9.5%

Transcorp Power

Market Cap: ₦2.1t

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

TRANSPOWER

₦286.50

-14.5%