If you are looking for the list of all listed companies in the Nigerian stock market, this guide provides a comprehensive list of companies and securities appearing on the Nigerian Exchange (NGX), including their ticker symbols, sectors, listing dates and incorporation dates.
The Nigerian Exchange is the primary securities exchange in Nigeria where investors can access publicly listed companies and other listed securities. The NGX list covers businesses across sectors such as financial services, consumer goods, industrial goods, ICT, oil and gas, healthcare, agriculture, services, construction and real estate, utilities, natural resources, investment and conglomerates.
According to the NGX Listed Companies data provided for this guide, there are 146 listed entries in the table. The information includes the company name, ticker, sector, date listed and date incorporated. The NGX page identifies the displayed market data as 30 minutes delayed data.
Whether you are searching for NGX listed companies, companies listed on the Nigerian Stock Exchange, Nigerian stock market stocks, NGX stocks list, Nigerian Exchange listed companies, or the best-known companies on the Nigerian stock market, this page gives you the full list in one place.
What Is the Nigerian Stock Market?
The Nigerian stock market is the market through which investors can buy and sell securities issued by companies and other entities in Nigeria.
The Nigerian Exchange (NGX) provides the market infrastructure for trading listed securities, while NGX Regulation is responsible for market regulation and listing-related requirements.
When a company is listed on NGX, investors can identify its securities using a ticker symbol.
For example:
- Dangote Cement — DANGCEM
- Zenith Bank — ZENITHBANK
- MTN Nigeria — MTNN
- BUA Foods — BUAFOODS
- GTCO — GTCO
- Nigerian Exchange Group — NGXGROUP
- Seplat Energy — SEPLAT
- Airtel Africa — AIRTELAFRI
How Many Companies Are Listed on NGX?
The NGX Listed Companies table provided for this article contains 146 entries.
However, it is important to understand that the table is broader than ordinary operating companies. It also contains certain funds and real estate investment trusts, such as infrastructure funds and REITs.
The list is organized by sector, making it easier to find companies in the Nigerian stock market that belong to a particular industry.
NGX Listed Companies by Sector
Based on the supplied NGX table, the 146 entries are distributed across the following sectors:
| Sector | Number of Listed Entries |
|---|---|
| Financial Services | 42 |
| Services | 20 |
| Consumer Goods | 19 |
| Construction/Real Estate | 12 |
| Industrial Goods | 11 |
| ICT | 9 |
| Oil and Gas | 7 |
| Healthcare | 7 |
| Conglomerates | 6 |
| Agriculture | 6 |
| Natural Resources | 4 |
| Utilities | 2 |
| Investment | 1 |
| Total | 146 |
Full List of Companies Listed on NGX
Below is the complete list from the supplied NGX Listed Companies data.
1. Financial Services Companies Listed on NGX
Financial services is the largest sector in the supplied NGX list, with 42 listed entries.
The sector includes commercial banks, insurance companies, investment companies, mortgage banks, financial holding companies and other financial institutions.
| Company | Ticker | Date Listed | Date Incorporated |
|---|---|---|---|
| Abbey Bank Plc | ABBEYBANK | — | August 26, 1991 |
| Access Holdings Plc | ACCESSCORP | March 28, 2022 | February 10, 2021 |
| Africa Prudential Plc | AFRIPRUD | November 1, 2013 | March 23, 2006 |
| African Alliance Insurance Plc [MRF] | AFRINSURE | September 17, 2009 | May 6, 1960 |
| AIICO Insurance Plc | AIICO | — | July 14, 1970 |
| Ava Capital Plc | AVACAP | July 31, 2026 | January 24, 2014 |
| AXA Mansard Insurance Plc | MANSARD | November 19, 2009 | June 23, 1989 |
| Consolidated Hallmark Holdings Plc | CONHALLPLC | November 27, 2023 | August 2, 1991 |
| Cornerstone Insurance Plc | CORNERST | — | July 26, 1991 |
| Coronation Insurance Plc | WAPIC | August 31, 1990 | March 14, 1958 |
| Critical Minerals Financing Corp Plc [DWL] | CMFC | December 17, 2007 | June 5, 2002 |
| Ecobank Transnational Incorporated | ETI | September 11, 2006 | October 3, 1985 |
| FCMB Group Plc | FCMB | June 21, 2013 | November 20, 2012 |
| Fidelity Bank Plc | FIDELITYBK | May 17, 2005 | November 19, 1987 |
| First Holdco Plc | FIRSTHOLDCO | November 26, 2012 | August 13, 2012 |
| Fortis Global Insurance Plc [DWL] | FTGINSURE | December 19, 2003 | July 28, 1981 |
| Guaranty Trust Holding Company Plc | GTCO | June 24, 2021 | July 24, 2020 |
| Guinea Insurance Plc | GUINEAINS | — | December 3, 1958 |
| Infinity Trust Mortgage Bank Plc [BLS] | INFINITY | December 11, 2013 | November 28, 2002 |
| International Energy Insurance Plc | INTENEGINS | July 13, 2007 | March 26, 1969 |
| Jaiz Bank Plc | JAIZBANK | — | April 1, 2003 |
| Lasaco Assurance Plc [BLS] | LASACO | — | December 20, 1979 |
| Linkage Assurance Plc | LINKASSURE | November 18, 2003 | March 26, 1991 |
| LivingTrust Mortgage Bank Plc | LIVINGTRUST | — | March 9, 1999 |
| Mutual Benefits Assurance Plc | MBENEFIT | May 28, 2002 | April 18, 1995 |
| NEM Insurance Plc | NEM | September 5, 1990 | April 2, 1970 |
| Nigerian Exchange Group Plc | NGXGROUP | October 15, 2021 | September 15, 1960 |
| NPF Microfinance Bank Plc | NPFMCRFBK | December 1, 2010 | May 19, 1993 |
| Prestige Assurance Plc [BLS] | PRESTIGE | December 3, 1990 | January 6, 1970 |
| Regency Alliance Insurance Plc | REGALINS | — | June 16, 1993 |
| Royal Exchange Plc | ROYALEX | December 3, 1990 | February 28, 1921 |
| Sovereign Trust Insurance Plc | SOVRENINS | November 29, 2006 | February 26, 1980 |
| Stanbic IBTC Holdings Plc | STANBIC | November 23, 2012 | March 14, 2012 |
| Sterling Financial Holdings Company Plc | STERLINGNG | April 6, 2023 | October 13, 2021 |
| SUNU Assurances Nigeria Plc [BLS] | SUNUASSUR | — | December 13, 1984 |
| United Bank for Africa Plc | UBA | March 31, 1970 | February 23, 1961 |
| United Capital Plc | UCAP | January 13, 2013 | March 14, 2002 |
| Unity Bank Plc [MRF] | UNITYBNK | — | April 27, 1987 |
| Universal Insurance Plc | UNIVINSURE | November 2, 2009 | March 1, 1961 |
| Veritas Kapital Assurance Plc | VERITASKAP | — | August 8, 1973 |
| Wema Bank Plc | WEMABANK | — | May 2, 1945 |
| Zenith Bank Plc | ZENITHBANK | October 21, 2004 | May 30, 1990 |
The financial-services entries and their ticker symbols are reproduced from the supplied NGX Listed Companies table.
2. Services Companies Listed on NGX
The Services sector contains 20 listed entries.
| Company | Ticker | Date Listed | Date Incorporated |
|---|---|---|---|
| ABC Transport Plc | ABCTRANS | December 20, 2006 | April 5, 1993 |
| Academy Press Plc | ACADEMY | June 15, 1965 | July 28, 1964 |
| Afromedia Plc [MRF] | AFROMEDIA | May 18, 2009 | October 28, 1959 |
| C & I Leasing Plc | CILEASING | December 1, 1997 | December 28, 1990 |
| Caverton Offshore Support Group Plc | CAVERTON | February 6, 2014 | June 2, 2008 |
| Daar Communications Plc | DAARCOMM | — | August 31, 1988 |
| Eunisell Interlinked Plc | EUNISELL | November 13, 1993 | November 17, 1981 |
| Ikeja Hotel Plc | IKEJAHOTEL | September 6, 2007 | November 18, 1972 |
| Juli Plc | JULI | July 11, 1986 | September 14, 1972 |
| Learn Africa Plc | LEARNAFRCA | — | October 8, 1961 |
| Nigerian Aviation Handling Company Plc | NAHCO | November 27, 2006 | April 8, 2005 |
| R. T. Briscoe (Nigeria) Plc | RTBRISCOE | March 15, 1974 | March 9, 1957 |
| Red Star Express Plc | REDSTAREX | November 14, 2007 | July 10, 1992 |
| Secure Electronic Technology Plc | NSLTECH | — | January 3, 2000 |
| Skyway Aviation Handling Company Plc | SKYAVN | April 26, 2019 | April 22, 2009 |
| Tantalizers Plc | TANTALIZER | — | May 4, 1997 |
| The Initiates Plc | TIP | October 25, 2016 | March 3, 1995 |
| Trans-Nationwide Express Plc | TRANSEXPR | September 7, 1992 | March 28, 1984 |
| Transcorp Hotels Plc | TRANSCOHOT | January 15, 2015 | July 12, 1994 |
| University Press Plc | UPL | August 14, 1978 | August 14, 1978 |
3. Consumer Goods Companies Listed on NGX
The Consumer Goods sector contains 19 listed entries.
| Company | Ticker | Date Listed | Date Incorporated |
|---|---|---|---|
| BUA Foods Plc | BUAFOODS | January 5, 2022 | April 13, 2005 |
| Cadbury Nigeria Plc | CADBURY | — | January 9, 1965 |
| Champion Breweries Plc | CHAMPION | September 1, 1983 | July 31, 1974 |
| Dangote Sugar Refinery Plc | DANGSUGAR | March 8, 2007 | January 4, 2005 |
| Golden Guinea Breweries Plc [BMF] | GOLDBREW | — | September 26, 1962 |
| Guinness Nigeria Plc | GUINNESS | January 2, 1965 | April 29, 1950 |
| Honeywell Flour Mill Plc | HONYFLOUR | October 20, 2009 | July 9, 1985 |
| International Breweries Plc | INTBREW | — | December 22, 1971 |
| McNichols Consolidated Plc | MCNICHOLS | December 18, 2009 | April 26, 2004 |
| Multi-Trex Integrated Foods Plc [DWL] | MULTITREX | November 1, 2010 | October 30, 1999 |
| NASCON Allied Industries Plc | NASCON | October 20, 1992 | April 30, 1973 |
| Nestle Nigeria Plc | NESTLE | April 20, 1979 | September 25, 1969 |
| Nigerian Breweries Plc | NB | September 5, 1973 | November 16, 1946 |
| Nigerian Enamelware Plc | ENAMELWA | — | May 21, 1960 |
| Northern Nigeria Flour Mills Plc | NNFM | — | October 29, 1971 |
| PZ Cussons Nigeria Plc | PZ | — | April 12, 1948 |
| Unilever Nigeria Plc | UNILEVER | April 1, 1973 | November 4, 1923 |
| Union Dicon Salt Plc [DWL] | UNIONDICON | September 23, 1993 | November 12, 1991 |
| Vitafoam Nigeria Plc | VITAFOAM | — | April 8, 1962 |
4. Construction and Real Estate Companies Listed on NGX
The Construction/Real Estate sector contains 12 listed entries, including real estate investment trusts and infrastructure funds.
| Company | Ticker | Date Listed | Date Incorporated |
|---|---|---|---|
| Ava Infrastructure Fund | AVAIF | September 15, 2014 | August 18, 2014 |
| Chapel Hill Denham Nig. Infras Debt Fund | NIDF | October 5, 2023 | February 7, 2017 |
| Coronation Infrastructure Fund | CNIF | August 25, 2025 | April 9, 2025 |
| Haldane McCall Plc | HMCALL | November 20, 2024 | March 26, 2012 |
| Julius Berger Nigeria Plc | JBERGER | — | February 18, 1970 |
| MOFI Real Estate Investment Fund | MOFIREIF | November 11, 2025 | October 24, 2024 |
| Nigeria Real Estate Inv. Trust Fund | NREIT | December 31, 2025 | January 9, 2019 |
| Ronchess Global Resources Plc | RONCHESS | December 17, 2021 | September 5, 2008 |
| SFS Real Estate Investment Trust | SFSREIT | — | — |
| UH Real Estate Investment Trust | UHREIT | February 5, 2008 | February 3, 2009 |
| UPDC Plc [BLS] | UPDC | — | October 6, 1997 |
| UPDC Real Estate Investment Trust | UPDCREIT | February 26, 2008 | March 27, 2013 |
5. Industrial Goods Companies Listed on NGX
There are 11 Industrial Goods entries in the supplied NGX list.
| Company | Ticker | Date Listed | Date Incorporated |
|---|---|---|---|
| Austin Laz & Company Plc [RST] | AUSTINLAZ | — | July 13, 1982 |
| Berger Paints Plc | BERGER | — | September 1, 1959 |
| Beta Glass Plc | BETAGLAS | July 2, 1986 | June 2, 1974 |
| BUA Cement Plc | BUACEMENT | January 9, 2020 | May 30, 2014 |
| Chemical and Allied Products Plc | CAP | May 24, 1978 | September 21, 1965 |
| Cutix Plc | CUTIX | August 12, 1987 | November 4, 1982 |
| Dangote Cement Plc | DANGCEM | October 26, 2010 | November 4, 1992 |
| HBM Nigeria Plc | HBMNG | February 17, 1979 | February 24, 1959 |
| Meyer Plc | MEYER | — | May 20, 1960 |
| Premier Paints Plc [RST] | PREMPAINTS | March 7, 1995 | August 24, 1982 |
| Tripple Gee and Company Plc | TRIPPLEG | — | April 14, 1980 |
6. ICT Companies Listed on NGX
The ICT sector contains 9 listed entries.
| Company | Ticker | Date Listed | Date Incorporated |
|---|---|---|---|
| Airtel Africa Plc | AIRTELAFRI | July 9, 2019 | July 12, 2018 |
| Briclinks Africa Plc | BAPLC | February 5, 2021 | July 30, 2015 |
| Chams Holding Company Plc | CHAMS | — | September 10, 1985 |
| CWG Plc | CWG | — | September 26, 1991 |
| E-Tranzact International Plc | ETRANZACT | August 7, 2009 | May 7, 2003 |
| Legend Internet Plc | LEGENDINT | April 24, 2025 | August 17, 2021 |
| MTN Nigeria Communications Plc | MTNN | May 16, 2019 | November 8, 2000 |
| NCR (Nigeria) Plc | NCR | — | December 9, 1949 |
| Omatek Ventures Plc | OMATEK | — | July 6, 1998 |
7. Oil and Gas Companies Listed on NGX
The Oil and Gas sector contains 7 listed entries.
| Company | Ticker | Date Listed | Date Incorporated |
|---|---|---|---|
| Aradel Holdings Plc | ARADEL | October 14, 2024 | March 25, 1992 |
| Conoil Plc | CONOIL | — | June 30, 1970 |
| Eterna Plc | ETERNA | — | January 13, 1989 |
| Japaul Gold & Ventures Plc | JAPAULGOLD | August 10, 2005 | June 29, 1994 |
| Oando Plc | OANDO | February 24, 1992 | August 25, 1969 |
| Seplat Energy Plc | SEPLAT | — | June 17, 2009 |
| TotalEnergies Marketing Nigeria Plc | TOTAL | — | January 6, 1956 |
8. Healthcare Companies Listed on NGX
The Healthcare sector contains 7 listed entries.
| Company | Ticker | Date Listed | Date Incorporated |
|---|---|---|---|
| Ekocorp Plc [DIP] | EKOCORP | — | October 9, 1991 |
| Fidson Healthcare Plc | FIDSON | April 6, 2008 | March 13, 1995 |
| May & Baker Nigeria Plc | MAYBAKER | November 10, 1994 | April 9, 1944 |
| Mecure Industries Plc | MECURE | November 7, 2023 | March 16, 2005 |
| Morison Industries Plc [BLS] | MORISON | — | June 29, 1955 |
| Neimeth International Pharmaceuticals Plc | NEIMETH | September 21, 1979 | August 13, 1957 |
| Pharma-Deko Plc [MRS] | PHARMDEKO | — | April 18, 1969 |
9. Agriculture Companies Listed on NGX
The Agriculture sector contains 6 listed entries.
| Company | Ticker | Date Listed | Date Incorporated |
|---|---|---|---|
| Ellah Lakes Plc | ELLAHLAKES | — | July 2, 1980 |
| FTN Cocoa Processors Plc [RST] | FTNCOCOA | — | August 26, 1991 |
| Livestock Feeds Plc | LIVESTOCK | April 1, 1978 | March 20, 1963 |
| Presco Plc | PRESCO | October 10, 2002 | September 24, 1991 |
| The Okomu Oil Palm Company Plc | OKOMUOIL | September 9, 1997 | December 3, 1979 |
| Zichis Agro Allied Industries Plc | ZICHIS | January 20, 2026 | April 17, 2012 |
10. Conglomerates Listed on NGX
There are 6 conglomerates in the supplied NGX list.
| Company | Ticker | Date Listed | Date Incorporated |
|---|---|---|---|
| Chellarams Plc | CHELLARAM | April 1, 1977 | August 13, 1947 |
| Custodian Investment Plc | CUSTODIAN | — | August 22, 1991 |
| John Holt Plc | JOHNHOLT | — | August 28, 1961 |
| SCOA Nigeria Plc | SCOA | — | June 24, 1969 |
| Transnational Corporation Plc | TRANSCORP | — | November 16, 2004 |
| UAC of Nigeria Plc | UACN | — | April 22, 1931 |
11. Natural Resources Companies Listed on NGX
There are 4 entries in the Natural Resources sector.
| Company | Ticker | Date Listed | Date Incorporated |
|---|---|---|---|
| Aluminium Extrusion Industries Plc [BMF] | ALEX | December 29, 1987 | October 26, 1982 |
| Industrial & Medical Gases Nigeria Plc | IMG | — | December 11, 1959 |
| Multiverse Mining and Exploration Plc | MULTIVERSE | April 18, 2008 | June 20, 2002 |
| Thomas Wyatt Nigeria Plc [RST] | THOMASWY | October 26, 1978 | March 18, 1948 |
12. Utilities Companies Listed on NGX
The Utilities sector contains 2 listed entries.
| Company | Ticker | Date Listed | Date Incorporated |
|---|---|---|---|
| Geregu Power Plc | GEREGU | October 5, 2022 | November 10, 2006 |
| Transcorp Power Plc | TRANSPOWER | March 4, 2024 | September 24, 2012 |
13. Investment Company Listed on NGX
The supplied NGX table contains 1 entry under the Investment sector.
| Company | Ticker | Date Listed | Date Incorporated |
|---|---|---|---|
| VFD Group Plc | VFDGROUP | October 6, 2023 | July 7, 2009 |
NGX Listed Companies With Compliance Status Indicators
If you are researching NGX listed companies by status, you may notice codes appearing in square brackets after some company names.
For example:
- [BLS]
- [MRF]
- [DWL]
- [DIP]
- [RST]
- [BMF]
- [MRS]
These are not part of the company’s ticker symbol. They are compliance status indicator codes displayed alongside certain securities in the NGX list.
In the supplied list, examples include:
- African Alliance Insurance Plc [MRF]
- Critical Minerals Financing Corp Plc [DWL]
- Ekocorp Plc [DIP]
- Infinity Trust Mortgage Bank Plc [BLS]
- Aluminium Extrusion Industries Plc [BMF]
- Austin Laz & Company Plc [RST]
- Pharma-Deko Plc [MRS]
The status indicator should not be ignored when researching an NGX-listed security. Investors should investigate what the relevant status means and review the company’s regulatory disclosures before making an investment decision.
What Does BLS Mean on NGX?
BLS means Below Listing Standard.
What Does MRF Mean on NGX?
MRF means Missed Regulatory Filing.
What Does DWL Mean on NGX?
DWL means Delisting Watch-list.
What Does DIP Mean on NGX?
DIP means Delisting in Progress.
What Does RST Mean on NGX?
RST means Restructuring.
What Does BMF Mean on NGX?
BMF means Below Listing Standard and Missed Regulatory Filing.
What Does MRS Mean on NGX?
MRS means Missed Regulatory Filing and Restructuring.
Important: A status indicator is not a buy or sell recommendation. Investors should investigate the underlying situation and consult official NGX disclosures before making investment decisions.
How to Find a Company on the Nigerian Stock Market
If you are searching for a particular Nigerian company, one of the easiest ways to identify it is through its ticker symbol.
For example, you may search for:
- DANGCEM — Dangote Cement
- GTCO — Guaranty Trust Holding Company
- ZENITHBANK — Zenith Bank
- UBA — United Bank for Africa
- MTNN — MTN Nigeria
- BUAFOODS — BUA Foods
- NESTLE — Nestle Nigeria
- SEPLAT — Seplat Energy
- OANDO — Oando
- TRANSCORP — Transnational Corporation
- NGXGROUP — Nigerian Exchange Group
The ticker is particularly useful when searching for market prices, company announcements, financial statements, dividends and historical trading information.
What Is a Stock Ticker?
A stock ticker is the short identifier used to represent a listed security on an exchange.
For example, ZENITHBANK identifies Zenith Bank Plc in the supplied NGX list, while DANGCEM identifies Dangote Cement Plc.
How to Invest in Companies Listed on NGX
If you want to buy shares of a company listed on the Nigerian stock market, you generally need to use a properly registered investment intermediary or stockbroker that provides access to the Nigerian Exchange.
The basic process is:
Step 1: Learn How the Nigerian Stock Market Works
Before buying shares, understand basic concepts such as:
- Shares
- Market price
- Dividends
- Capital gains
- Market capitalization
- Earnings
- P/E ratio
- Financial statements
- Stock market risk
Step 2: Choose a Stockbroker
Compare available Nigerian stockbrokers based on factors such as:
- Regulatory status
- Brokerage fees
- Trading platform
- Customer service
- Research tools
- Ease of funding and withdrawals
- Access to market information
Step 3: Open an Investment Account
Your broker will provide the account-opening process and documentation required to begin investing.
Step 4: Research the Company
Do not select a company simply because its share price looks cheap.
Look at factors such as:
- Revenue
- Profit
- Earnings per share
- Debt
- Cash flow
- Dividend history
- Competitive position
- Management
- Industry outlook
- Regulatory issues
Step 5: Buy the Shares
Once you have completed your research, you can place an order through your broker.
Step 6: Monitor Your Investment
Owning shares is not the end of the process.
Continue monitoring company announcements, financial results, dividends, corporate actions and material changes affecting the business.
What Are the Biggest Sectors on the Nigerian Stock Market?
Based on the supplied NGX list, Financial Services has the largest number of listed entries, with 42.
It is followed by:
- Financial Services — 42
- Services — 20
- Consumer Goods — 19
- Construction/Real Estate — 12
- Industrial Goods — 11
- ICT — 9
- Oil and Gas — 7
- Healthcare — 7
- Conglomerates — 6
- Agriculture — 6
- Natural Resources — 4
- Utilities — 2
- Investment — 1
This means that someone researching the Nigerian stock market by sector will find particularly broad representation in financial services, consumer goods, services and industrial businesses.
Popular Nigerian Stocks Investors Search For
Some of the most recognizable names appearing in the supplied NGX list include:
Banking and Financial Stocks
- Zenith Bank — ZENITHBANK
- United Bank for Africa — UBA
- Guaranty Trust Holding Company — GTCO
- Fidelity Bank — FIDELITYBK
- First Holdco — FIRSTHOLDCO
- Access Holdings — ACCESSCORP
- Stanbic IBTC Holdings — STANBIC
- United Capital — UCAP
- FCMB Group — FCMB
- Wema Bank — WEMABANK
Consumer Goods Stocks
- BUA Foods — BUAFOODS
- Nestle Nigeria — NESTLE
- Nigerian Breweries — NB
- Guinness Nigeria — GUINNESS
- Dangote Sugar Refinery — DANGSUGAR
- Unilever Nigeria — UNILEVER
- PZ Cussons Nigeria — PZ
- Vitafoam Nigeria — VITAFOAM
Industrial Stocks
- Dangote Cement — DANGCEM
- BUA Cement — BUACEMENT
- Berger Paints — BERGER
- Beta Glass — BETAGLAS
- Chemical and Allied Products — CAP
- Cutix — CUTIX
Oil and Gas Stocks
- Seplat Energy — SEPLAT
- Oando — OANDO
- TotalEnergies Marketing Nigeria — TOTAL
- Conoil — CONOIL
- Eterna — ETERNA
- Aradel Holdings — ARADEL
ICT Stocks
- MTN Nigeria — MTNN
- Airtel Africa — AIRTELAFRI
- E-Tranzact — ETRANZACT
- CWG — CWG
- Chams Holding Company — CHAMS
Are All NGX Listed Companies Good Investments?
No.
Being listed on the Nigerian Exchange does not automatically mean that a company is a good investment.
A company may be listed while experiencing financial, operational, regulatory or compliance challenges.
Investors should therefore distinguish between:
“Is this company listed?”
and
“Is this company a good investment for me?”
Those are two completely different questions.
Before investing, consider the company’s financial performance, valuation, business model, industry, management, competitive position, dividend record, debt levels, liquidity and applicable regulatory information.
How to Choose Stocks From the NGX Listed Companies List
There is no single stock that is automatically the best choice for every investor.
Instead, investors can create a shortlist based on their investment objectives.
If You Want Dividend Stocks
Look at companies with a history of profitability and dividend payments, while remembering that past dividends do not guarantee future payments.
If You Want Growth Stocks
Look for companies with potential for sustainable revenue and earnings growth.
If You Want Banking Stocks
Compare banks based on profitability, asset quality, capital position, earnings, dividends, valuation and other relevant financial metrics.
If You Want Consumer Stocks
Consider companies whose products have strong demand, pricing power, distribution networks and sustainable margins.
If You Want Oil and Gas Stocks
Consider commodity exposure, production, reserves, costs, regulatory conditions and energy-market risks.
If You Want Industrial Stocks
Examine demand, production capacity, input costs, margins, infrastructure exposure and competitive advantages.
NGX Listed Companies vs Nigerian Stock Market
The terms NGX, Nigerian Exchange, Nigerian stock market and Nigerian Stock Exchange are often used together in online searches.
However, investors should understand the terminology.
The Nigerian Exchange is the exchange through which the listed securities in this table are traded.
The historical name Nigerian Stock Exchange (NSE) is still commonly used in searches, which is why people may search for terms such as:
- Nigerian Stock Exchange listed companies
- Nigerian Stock Exchange companies
- Nigerian Stock Exchange share prices
- Nigerian Stock Exchange stocks
- NSE listed companies
- NSE stocks
- Nigerian stock market companies
For current information, however, NGX and Nigerian Exchange are the terms used by the current exchange.
Frequently Asked Questions About NGX Listed Companies
How many companies are listed on NGX?
The NGX Listed Companies table supplied for this article contains 146 entries. The table includes companies as well as certain funds and real estate investment trusts.
What are the companies listed on the Nigerian stock market?
The NGX list includes companies and listed entities across Financial Services, Services, Consumer Goods, Construction/Real Estate, Industrial Goods, ICT, Oil and Gas, Healthcare, Conglomerates, Agriculture, Natural Resources, Utilities and Investment.
What is the largest sector on NGX?
Financial Services is the largest sector in the supplied NGX list, with 42 entries.
What is the ticker for Dangote Cement?
The ticker for Dangote Cement Plc is DANGCEM.
What is the ticker for Zenith Bank?
The ticker for Zenith Bank Plc is ZENITHBANK.
What is the ticker for GTCO?
The ticker for Guaranty Trust Holding Company Plc is GTCO.
What is the ticker for MTN Nigeria?
The ticker for MTN Nigeria Communications Plc is MTNN.
What is the ticker for BUA Foods?
The ticker for BUA Foods Plc is BUAFOODS.
What is the ticker for Seplat Energy?
The ticker for Seplat Energy Plc is SEPLAT.
What does BLS mean on NGX?
BLS means Below Listing Standard.
What does MRF mean on NGX?
MRF means Missed Regulatory Filing.
What does DWL mean on NGX?
DWL means Delisting Watch-list.
What does DIP mean on NGX?
DIP means Delisting in Progress.
What does RST mean on NGX?
RST means Restructuring.
What does BMF mean on NGX?
BMF means Below Listing Standard and Missed Regulatory Filing.
What does MRS mean on NGX?
MRS means Missed Regulatory Filing and Restructuring.
Can I buy shares of every company on this list?
Not necessarily. The presence of an entity in a listed-companies table does not by itself mean that it is currently suitable, liquid or available for every type of transaction. Investors should check current NGX information, company disclosures and their broker’s trading platform before placing an order.
Is the NGX listed companies list permanent?
No. The composition of the market can change over time as companies are listed, suspended, delisted, restructured or otherwise affected by market and regulatory actions.
Where can I find NGX company ticker symbols?
Ticker symbols are included in the NGX Listed Companies table. The supplied table contains the company name, ticker, sector, date listed and date incorporated.
Final Thoughts
The Nigerian stock market contains businesses and listed investment vehicles operating across a wide range of industries.
From banks and insurance companies to telecommunications, consumer goods, cement, oil and gas, healthcare, agriculture, technology, aviation, hospitality, construction and real estate, the NGX provides investors with access to different parts of the Nigerian economy.
The most important thing to remember is that a list of NGX companies is only the starting point.
Before buying any stock, research the individual company, understand its financial position, examine its valuation and consider the risks associated with the investment.
The NGX list should therefore be used as a starting point for research, not as a list of recommended investments.
Market data note: The supplied NGX page identifies the Listed Companies data as 30 minutes delayed data, and the list can change as the exchange updates its records.
Investment disclaimer: This article is for educational and informational purposes only. It is not investment advice or a recommendation to buy or sell any security. Always conduct your own research and consult an appropriately licensed investment professional where necessary.
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