Nigerian Food, Beverage & Tobacco Strong Balance Sheet Stocks

International Breweries

Market Cap: ₦2.3t

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

Okomu Oil Palm

Market Cap: ₦973.0b

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

Nascon Allied Industries

Market Cap: ₦262.1b

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

Northern Nigeria Flour Mills

Market Cap: ₦16.7b

Engages in the milling of wheat, sorghum, maize, and other grains in Nigeria.

BUA Foods

Market Cap: ₦11.3t

Processes, manufactures, produces, and distributes food materials in Nigeria.

UAC of Nigeria

Market Cap: ₦196.1b

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

Champion Breweries

Market Cap: ₦136.5b

Engages in the brewing and marketing of Champion lager beer and Champ Malta in Nigeria.

McNichols

Market Cap: ₦4.1b

Manufactures, packages, markets, and distributes food and beverage products in Nigeria.

Honeywell Flour Mills

Market Cap: ₦174.5b

Manufactures and markets wheat-based products in Nigeria.

Ellah Lakes

Market Cap: ₦48.2b

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

Nigerian Breweries

Market Cap: ₦2.3t

Engages in the brewing, marketing, and selling of lager, stout, non-alcoholic malt drinks, and soft drinks in Nigeria.