Nigerian Dividend Powerhouses (3%+ Yield)

Guaranty Trust Holding

Market Cap: ₦2.8t

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: ₦1.6t

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

Nigerian Aviation Handling

Market Cap: ₦204.7b

Provides aircraft and cargo handling, passenger handling, passenger profiling, and crew transportation services in Nigeria.

Stanbic IBTC Holdings

Market Cap: ₦1.8t

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

United Capital

Market Cap: ₦333.0b

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

Zenith Bank

Market Cap: ₦2.6t

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

Okomu Oil Palm

Market Cap: ₦1.0t

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

NEM Insurance

Market Cap: ₦153.0b

Provides general insurance products and services to corporate and individual customers in Nigeria and Europe.

FCMB Group

Market Cap: ₦459.8b

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

Fidelity Bank

Market Cap: ₦954.0b

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