Nigerian Potentially Undervalued Small Caps

Livestock Feeds

Market Cap: ₦20.1b

Manufactures and sells animal feeds and concentrates in Nigeria.

Initiates

Market Cap: ₦17.8b

Provides waste management, industrial cleaning, and decontamination services.

Learn Africa

Market Cap: ₦8.1b

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

Northern Nigeria Flour Mills

Market Cap: ₦14.1b

Engages in the milling of wheat, sorghum, maize, and other grains in Nigeria.

University Press

Market Cap: ₦2.2b

Engages in the printing, publishing, sale, and distribution of educational and general reading books and materials in Nigeria and internationally.

Berger Paints Nigeria

Market Cap: ₦22.0b

Manufactures, distributes, and sells paints and allied products in Nigeria.