Nigerian Strong Balance Sheet Stocks

Trans-Nationwide Express

Market Cap: ₦1.1b

A logistics company, provides express delivery, haulage, freight, and other ancillary transportation and storage services in Nigeria.

Red Star Express

Market Cap: ₦10.5b

Engages in the provision of courier, mail management, outsourcing, freight services, logistics, warehousing, and general haulage services in Nigeria.

John Holt

Market Cap: ₦2.8b

John Holt Plc, together with its subsidiaries, assembles, sells, leases, and services power equipment in Nigeria.

Coronation Insurance

Market Cap: ₦75.8b

Through its subsidiaries, engages in underwriting of life and non-life insurance for individuals and corporate entities.

UH Real Estate Investment Trust

Market Cap: ₦10.8b

n/a

Africa Prudential

Market Cap: ₦59.6b

Provides technology and share registration services to public and private companies in Nigeria.

NPF Microfinance Bank

Market Cap: ₦17.9b

A microfinance bank, provides banking and other financial services in Nigeria.

Tantalizers

Market Cap: ₦12.5b

Provides quick service restaurant and outdoor catering services in Nigeria.

Zenith Bank

Market Cap: ₦2.9t

Provides banking and other financial services to corporate and individual customers in Nigeria, rest of Africa, and internationally.

Stanbic IBTC Holdings

Market Cap: ₦1.7t

A financial holding company, provides banking and other financial services to individuals, businesses, institutions, and corporations in Nigeria and internationally.

SFS Real Estate Investment Trust Fund

Market Cap: ₦6.9b

n/a

United Capital

Market Cap: ₦336.6b

Provides investment banking, portfolio management, securities trading, and trusteeship services in Nigeria.

Beta Glass

Market Cap: ₦291.6b

Manufactures, distributes, and sells glass bottles and containers in Nigeria and internationally.

UAC of Nigeria

Market Cap: ₦215.7b

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

Unilever Nigeria

Market Cap: ₦425.1b

Manufactures and markets food, home care, and beauty and personal care products primarily in Nigeria and internationally.

Ikeja Hotel

Market Cap: ₦43.2b

Engages in the operation of hotels and restaurants.

Academy Press

Market Cap: ₦7.2b

Provides printing services in Nigeria.

Transcorp Hotels

Market Cap: ₦1.7t

Provides hospitality services in Nigeria.

Skyway Aviation Handling

Market Cap: ₦121.9b

Provides aviation handling services in Nigeria.

Champion Breweries

Market Cap: ₦141.8b

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

McNichols

Market Cap: ₦3.9b

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

Fidelity Bank

Market Cap: ₦1.0t

Provides various banking products and services to corporate and individual customers in Nigeria.

Julius Berger Nigeria

Market Cap: ₦196.6b

A construction company, engages in the planning and construction of various civil engineering works in Nigeria and Europe.

Fidson Healthcare

Market Cap: ₦98.5b

Manufactures and distributes pharmaceutical products in Nigeria.

Wema Bank

Market Cap: ₦406.1b

Provides banking and other financial services to corporate and individual customers in Nigeria.

Guaranty Trust Holding

Market Cap: ₦768.0b

Operates as a financial holding company for Guaranty Trust Bank Limited that provides commercial banking services in Nigeria, Ghana, Gambia, Sierra Leone, Liberia, Cote D'Ivoire, Kenya, Uganda, Rwanda, Tanzania, and the United Kingdom.

United Bank for Africa

Market Cap: ₦1.8t

Primarily provides corporate, commercial, and retail banking services in Nigeria, rest of Africa, and internationally.

May & Baker Nigeria

Market Cap: ₦29.8b

May & Baker Nigeria Plc, together with its subsidiaries, manufactures, sells, and distributes human pharmaceuticals, human vaccines, and consumer products in Nigeria.

Geregu Power

Market Cap: ₦2.9t

Engages in the generation and sale of electric power through the National Grid of the Transmission Company of Nigeria to the Nigerian Bulk Electricity Trading.

Unity Bank

Market Cap: ₦17.7b

Provides banking and other financial services to corporate and individual customers in Nigeria.

C & I Leasing

Market Cap: ₦18.3b

Provides marine services in Nigeria, Ghana, and the United Arab Emirates.

FCMB Group

Market Cap: ₦457.7b

Provides various banking and financial services to the wholesale and retail customers in Nigeria and Europe.

Daar Communications

Market Cap: ₦8.2b

Operates as a media and entertainment company in Nigeria and internationally.

First HoldCo

Market Cap: ₦1.3t

Provides commercial banking, investment banking, corporate banking, and other financial services in Nigeria and internationally.

Honeywell Flour Mills

Market Cap: ₦174.1b

Manufactures and markets wheat-based products in Nigeria.

Japaul Gold & Ventures

Market Cap: ₦36.4b

Provides oil and maritime services in Nigeria.