The Richest Companies in Nigeria.

Top 26 Richest Companies in Nigeria.

The Richest Companies in Nigeria is a list of the country’s most active companies which are though both international and local, yet operating in Nigeria. As Nigeria is the most populated country in West Africa, the companies mentioned below are rated based on their popularity among Nigeria’s 200.9 million population as at 2019, and the general revenue of these companies in Nigeria.

Top 26 Richest Companies in Nigeria.

Although unemployment rate in Nigeria has been increasing since 2010, the significant number of large companies in Nigeria is a strong indicator of its overall economic performance. Not only do these organizations provide jobs for the local market, but they are also able to achieve success in global markets, thus generating greater value for the country.

  • Airtel Africa

Airtel Africa, a telecommunications enterprise, is the largest company in Nigeria by market capitalization. In 2021, its outstanding shares had a market value of over nine billion U.S. dollars.

  • Nigerian National Petroleum Company (NNPC)

This is an oil and gas sector owned by the federal government of Nigeria. They regulate and participate in the petroleum activities of the nation. It was founded in 1977 and they perform yearly recruitment for candidates who are qualified.

  • Nestle Nigeria Plc

This is a food processing and beverage company based in Lagos Nigeria, they deal with products varying from baby food, coffee, dairy products, breakfast cereals, and other related products. It was founded in 1961 with an estimated number of 2201 employees working under the company.

  • Mobile Telephone Network, MTN

This is a South African mobile telecommunications company that started operations in Nigeria in 2001. It is one of the oldest and also one of the richest companies in the country, Nigeria.

  • Exxon Mobil

They major in the exploration and production of crude oil and gas in Nigeria. The company is one of the richest companies in Nigeria.

  • Total Nigeria Plc

This organization specializes in the distribution and marketing of petroleum products and fuel, they also sell LPG and operate lubricant blending plants that is why it is one of the richest companies in Nigeria.

  • Nigeria Breweries Plc

Another one of the list of the richest companies in Nigeria is the Nigerian breweries, the largest brewing company that serves both the Nigerian market and the West Africa region. They deal with the production, marketing, and selling of alcoholic and non-alcoholic beverages like beer, malt, stout, and other beverage drinks.

  • Guaranty Trust Bank Plc

When the company was first established in the country, it almost decapacitated the value of every other banks with its optimal and very reliable services. Nigerians swarmed to have accounts with GTB regardless of whether he or she had had accounts with other banks or not. GTB is a Nigerian multinational financial institution with operations in different countries that offer online or internet banking, retail banking, corporate banking, and other banking activities. It is also one of the richest companies in Nigeria.

  • Unilever Nigeria Plc

They manufacture, produce and market food and food ingredients, they also manufacture personal and home care products. They operate in Ogun state and Lagos state Nigeria, they produce products like the popular closeup toothpaste, Pepsodent, Lux soap, Blue band margarine, and other products.

  • Globalcomm

A telecommunication company founded by Mike Adenuga in 2003, they provide communication services just like MTN, Airtel, etc. It is by estimate also one of the richest companies in Nigeria.

  • Nigerian Bottling Company

This is a beverage company that handles franchise bottlers of various soft drinks like Coca Cola, Fanta,  Sprite and other known products. They are currently doing well by further expanding they already growing customer base through innovations.

  • PricewaterhouseCoopers

This is a multinational professional organization that provides services like assurance, tax advisory, data analytics, management consulting, and other services, they are known to be among the Top 4 accounting firms in Nigeria.

  • United Bank of Africa(UBA)

UBA is a Nigeria-licensed bank that provides financial services to the public. They offer services like internet banking, wholesale banking, mobile banking, and other banking activities. It is one of the richest companies in Nigeria.

  • Multichoice

This is a South African entertainment company that operates the DSTV and GOTV. They also produce entertaining and informative content for their viewers. MultiChoice makes most of its money from Nigeria. This makes it one of the richest companies in Nigeria.

  • Guinness Nigeria

A subsidiary of the Diageo Plc of the United Kingdom, they are in charge of producing various products like the Foreign Extra Stout, Harp lager, Malta Guinness, and other products.

  • British American Tobacco

British Multinational Company that specializes in the sale of cigarettes of different brand names, tobacco, and other nicotine products. They are fetching big fortunes in the country, thereby  becoming one of the richest companies in NIGERIA.

  • First Bank of Nigeria Limited

This is a Nigerian bank and financial institution situated in Lagos Nigeria that provides financial services to its customers. It is considered as one of the oldest and richest banks in the country.

  • Nigeria LNG Limited(NLNG)

This is a liquefied natural gas producing plant situated at Bonny Island, Nigeria. Nigeria LNG Limited (NLNG) is a major player in the global LNG business. NLNG was incorporated as a limited liability company on May 17, 1989.

  • Central Bank of Nigeria(CBN)

This is the apex bank of Nigeria owned by the federal government to oversee the financial activities of the nation. It could also be regarded and listed among the richest companies in NIGERIA.

  • Zenith Bank

A licensed Financial commercial bank that provides banking service to its valued customers. Locally, Zenith bank is believed to be the bank for the rich. As a result, it is highly respected as one of the richest companies or banks in Nigeria.

  • JULIUS BERGER

This is a construction company in Nigeria that engages in structural engineering, infrastructure work, design, and erections. They are headquartered in Abuja and have branches in Lagos and Uyo state of Nigeria. The richest company in Nigeria.

  • Paystack

This is an online payment company based in Nigeria that enables payment processes easy for individuals and businesses.

  • Access Bank

Another licensed commercial institution headed by Herbert Wigwe that offers financial services. They often advertise  job recruitment for several graduate positions.

  • Jumia Nigeria

Jumia is an online shopping platform in Nigeria where individuals can shop and make orders of any product ranging from electronic gadgets, fashion, foodstuffs, and many more. This company has the most visited site in Nigeria, and therefore one of the richest companies in Nigeria.

  • Oando

A Nigerian multinational Energy company that is involved in the upstream, downstream, and midstream activities. They offer services like crude oil and natural gas.

  • Google

This is an  American organisation that specialises in providing internet-related products such as online advertising, search engines, and other services.

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