Nigerian Food, Beverage & Tobacco Potentially Undervalued Companies

Presco

Market Cap: ₦940.0b

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

Ellah Lakes

Market Cap: ₦12.5b

Engages in the oil palm, cassava, soybean, maize, and rice plantation in Nigeria.

Guinness Nigeria

Market Cap: ₦188.4b

Engages in brewing, packaging, marketing, and selling whisky, vodka, liqueur, gin, spirits, beers, non-alcoholic drinks, and ready-to-drink products primarily in Nigeria.

Honeywell Flour Mills

Market Cap: ₦166.5b

Manufactures and markets wheat-based products in Nigeria.