Nigerian Mid-Large Cap Stocks

Guaranty Trust Holding

Market Cap: ₦2.3t

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.

United Bank for Africa

Market Cap: ₦1.9t

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

Stanbic IBTC Holdings

Market Cap: ₦1.6t

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

Zenith Bank

Market Cap: ₦3.1t

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

Dangote Cement

Market Cap: ₦7.9t

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

Transcorp Power

Market Cap: ₦2.4t

Engages in the generation and sale of electric power in Nigeria and internationally.

BUA Foods

Market Cap: ₦8.3t

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

BUA Cement

Market Cap: ₦3.8t

Engages in manufacturing and sale of cement under the BUA Cement brand in Nigeria.

Aradel Holdings

Market Cap: ₦2.3t

An integrated energy company, engages in the exploration, production, refining, and distribution of oil and gas products in Nigeria and internationally.

Lafarge Africa

Market Cap: ₦1.8t

Manufactures, markets, and sells cement and other cementitious 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.

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.

MTN Nigeria Communications

Market Cap: ₦8.4t

Provides broadband fixed wireless access, telecommunication, and mobile financial services 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.