Nigerian Net Cash Stocks With A Growth Track Record

Lafarge Africa

Market Cap: ₦2.2t

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

NEM Insurance

Market Cap: ₦149.5b

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

AIICO Insurance

Market Cap: ₦133.6b

Provides risk underwriting and related financial services in Nigeria.

Cornerstone Insurance

Market Cap: ₦110.0b

Offers risk underwriting and related financial services for corporate and individual customers in Nigeria.

Coronation Insurance

Market Cap: ₦69.6b

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

Ikeja Hotel

Market Cap: ₦38.9b

Engages in the operation of hotels and restaurants.

UPDC Real Estate Investment Trust

Market Cap: ₦18.0b

A real estate investment trust.

UH Real Estate Investment Trust

Market Cap: ₦9.8b

Union Homes Real Estate Investment Trust (UH REIT) now UH Real Estate Investment was listed on the Nigeria Stock Exchange (NSE) in 2008 and commenced full operations February 2009 with a net asset sum of N12.876 Billion

Red Star Express

Market Cap: ₦8.8b

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

SFS Real Estate Investment Trust Fund

Market Cap: ₦8.4b

n/a

Learn Africa

Market Cap: ₦5.1b

Engages in the publishing, distribution, and marketing of educational materials and textbooks for nursery, primary, secondary, and tertiary levels of learning in Nigeria.