Nigerian Dividend Powerhouses (3%+ Yield)

Guaranty Trust Holding

Market Cap: ₦4.3t

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.

Dangote Cement

Market Cap: ₦13.6t

Engages in the preparation, manufacturing, distribution, and sale of cement and related products in Nigeria.

Zenith Bank

Market Cap: ₦3.8t

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

United Bank for Africa

Market Cap: ₦2.1t

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

FCMB Group

Market Cap: ₦547.8b

Provides various banking and financial services in Nigeria and Europe.

Lafarge Africa

Market Cap: ₦3.4t

Manufactures, markets, and sells cement and other cementitious products in Nigeria.

Stanbic IBTC Holdings

Market Cap: ₦2.0t

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

NEM Insurance

Market Cap: ₦170.6b

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

Transnational

Market Cap: ₦520.3b

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

Nigerian Aviation Handling

Market Cap: ₦331.3b

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

Okomu Oil Palm

Market Cap: ₦1.7t

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