Nigerian Financially Fit Penny Stocks

Mutual Benefits Assurance

Market Cap: ₦75.2b

Engages in non-life insurance and risk management services to organizations and private individuals in Nigeria, Liberia, and Niger Republic.

Sovereign Trust Insurance

Market Cap: ₦44.1b

Provides non-life and special risk insurance in Nigeria.

McNichols

Market Cap: ₦3.7b

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

Livingtrust Mortgage Bank

Market Cap: ₦23.9b

Provides residential and commercial mortgage financing services in Nigeria.

Royal Exchange

Market Cap: ₦18.5b

Engages in the provision of financing, asset management, and trusteeship services in Nigeria.

Regency Alliance Insurance

Market Cap: ₦19.8b

Provides general insurance products to institutional and individual clients in Nigeria and the West African sub-region.

Veritas Kapital Assurance

Market Cap: ₦27.9b

Provides non-life insurance products and services to individuals and businesses in Nigeria.

Unity Bank

Market Cap: ₦17.7b

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

Trans-Nationwide Express

Market Cap: ₦1.1b

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

Tantalizers

Market Cap: ₦11.9b

Provides quick service restaurant and outdoor catering services in Nigeria.

Morison Industries

Market Cap: ₦3.2b

Engages in the production and marketing of pharmaceuticals and various disinfectants hygiene products.