Nigerian companies with the most cash on hand

It's no secret that a large cash pile can be a tried and tested insurance policy in the face of good-old volatility. And these companies are taking that knowledge very seriously, as they're currently sitting on oodles of cash reserves. On the other hand though, perhaps these businesses are hoarding their capital when they should be using it to maximize shareholder value instead. Whatever your take, here's a list of the most cash rich companies in Nigeria.

Symbol
Cash on hand
FQ
Price
Change %
Volume
Rel Volume
Market cap
P/E
EPS dil
TTM
EPS dil growth
TTM YoY
Div yield %
TTM
Sector
Analyst Rating
MTNNMTN NIGERIA COMMUNICATIONS PLC
643.663B NGN240.00 NGN+0.59%1.067M0.505.01T NGN20.4411.74 NGN−31.50%6.54%Communications
Buy
STERLINGNGSTERLING FINANCIAL HOLDINGS COMPANY PLC
493.992B NGN3.98 NGN+4.74%8.158M0.95109.404B NGN3.95%Finance
DANGCEMDANGOTE CEMENT PLC
385.262B NGN320.00 NGN0.00%182.913K0.105.361T NGN12.4425.73 NGN+47.91%6.25%Non-Energy Minerals
Buy
UCAPUNITED CAPITAL PLC
243.18B NGN18.00 NGN0.00%2.875M1.08108B NGN10.381.73 NGN−20.00%8.33%Finance
DANGSUGARDANGOTE SUGAR REFINERY PLC
159.215B NGN57.40 NGN0.00%904.626K0.43697.231B NGN241.580.24 NGN−90.80%2.61%Process Industries
Neutral
BUACEMENTBUA CEMENT PLC
158.37B NGN97.00 NGN+0.52%155.533K0.743.268T NGN31.873.04 NGN+4.97%2.90%Non-Energy Minerals
Strong sell
WAPCOLAFARGE CEMENT WAPCO PLC
157.145B NGN29.60 NGN0.00%1.628M0.98476.791B NGN9.932.98 NGN−13.52%6.76%Non-Energy Minerals
Strong buy
NESTLENESTLE PLC - NIGERIA
152.27B NGN1150.00 NGN0.00%27.514K0.32911.555B NGN−33.75 NGN−157.41%5.35%Consumer Non-Durables
Buy
TOTALTOTALENERGIES MARKETING NIGERIA PLC
130.308B NGN385.00 NGN0.00%22.943K0.75130.716B NGN9.0642.51 NGN−9.69%6.49%Retail Trade
PZPZ CUSSONS NIGERIA PLC
101.623B NGN25.60 NGN0.00%170.3K0.46101.644B NGN7.883.25 NGN+115.96%3.95%Consumer Non-Durables
Neutral
INTBREWINTERNATIONAL BREWERIES PLC
90.362B NGN4.50 NGN0.00%10.526M17.34120.879B NGN−1.76 NGN−581.75%0.00%Consumer Non-Durables
Buy
BUAFOODSBUA FOODS PLC
82.959B NGN198.90 NGN0.00%9.893K0.163.58T NGN29.916.65 NGN+33.65%2.26%Process Industries
Strong sell
GUINNESSGUINNESS NIGERIA PLC
77.916B NGN67.90 NGN0.00%178.808K0.97148.727B NGN−8.36 NGN−227.62%10.52%Consumer Non-Durables
Buy
UNILEVERUNILEVER NIGERIA PLC
73.802B NGN14.90 NGN0.00%762.912K0.5285.601B NGN10.691.39 NGN+304.88%1.68%Consumer Non-Durables
Buy
JBERGERJULIUS BERGER PLC - NIGERIA
66.313B NGN34.80 NGN+0.00%235.183K1.4055.68B NGN6.455.39 NGN−17.30%7.18%Industrial Services
GEREGUGEREGU POWER PLC
44.31B NGN399.00 NGN0.00%47.255K0.99997.5B NGN106.783.74 NGN−49.67%2.01%Utilities
CADBURYCADBURY PLC - NIGERIA
41.54B NGN14.60 NGN0.00%139.003K0.4327.422B NGN−6.45 NGN−790.95%2.74%Consumer Non-Durables
Sell
GLAXOSMITHGALAXO SMITHKLINE CONSUMER PLC - NIGERIA
24.171B NGN16.90 NGN0.00%61.282K0.0320.21B NGN27.470.62 NGN−27.84%3.25%Health Technology
BETAGLASBETA GLASS PLC
23.993B NGN59.40 NGN−0.00%33.552K0.9335.638B NGN5.0211.83 NGN+35.88%1.97%Process Industries
NASCONNASCON ALLIED INDUSTRIES PLC
23.49B NGN54.00 NGN0.00%229.778K0.50143.07B NGN10.854.98 NGN+283.74%3.70%Consumer Non-Durables
Strong sell
VITAFOAMVITAFOAM PLC - NIGERIA
21.753B NGN22.50 NGN0.00%180.715K0.8428.144B NGN7.333.07 NGN−9.44%6.76%Process Industries
NBNIGERIAN BREWERIES PLC
21.135B NGN37.05 NGN+0.00%1.115M0.15380.731B NGN−5.97 NGN−412.44%3.64%Consumer Non-Durables
Neutral
PRESCOPRESCO PLC
18.899B NGN189.90 NGN0.00%41.951K0.23189.9B NGN9.2020.64 NGN−1.58%4.63%Consumer Non-Durables
Neutral
UACNUAC PLC - NIGERIA
14.997B NGN15.95 NGN+3.91%184.05K0.0144.916B NGN−0.34 NGN−116.91%1.43%Consumer Non-Durables
Sell
IKEJAHOTELIKEJA HOTEL PLC
13.643B NGN4.62 NGN0.00%56.001K0.3412.805B NGN−1.12 NGN−3607.62%1.22%Consumer Services
TRANSCORPTRANSNATIONAL CORPORATION OF NIGERIA PLC
13.54B NGN6.73 NGN−1.32%12.612M0.49277.219B NGN20.010.34 NGN−13.10%0.73%Utilities
Strong buy
OKOMUOILOKOMU OIL PALM CO PLC
12.308B NGN240.00 NGN0.00%13.692K0.22228.938B NGN11.9920.02 NGN+6.20%6.88%Process Industries
Neutral
VFDGROUPVFD GROUP PLC
11.475B NGN202.90 NGN0.00%2100.1238.557B NGN0.00%Finance
Strong buy
ETRANZACTE TRANZACT INTERNATIONAL PLC
10.8B NGN6.50 NGN0.00%11.62K0.0159.8B NGN31.220.21 NGN0.00%Technology Services
CONOILCONOIL PLC
9.491B NGN86.50 NGN0.00%730.0060.027B NGN5.6015.44 NGN+142.10%2.89%Distribution Services
AFRIPRUDAFRICA PRUDENTIAL REGISTRARS PLC
9.452B NGN6.60 NGN0.00%330.247K0.4013.2B NGN12.130.54 NGN−29.69%7.58%Technology Services
Neutral
MRSMRS OIL PLC - NIGERIA
8.383B NGN99.00 NGN0.00%101.668K2.4933.946B NGN8.5411.59 NGN+249.10%0.00%Distribution Services
ETERNAETERNA PLC
7.885B NGN13.10 NGN0.00%333.379K0.4417.084B NGN−3.05 NGN−3246.82%1.15%Energy Minerals
TRANSCOHOTTRANSCORP HOTELS PLC
7.205B NGN42.90 NGN−3.38%354.812K10.24454.768B NGN98.030.44 NGN+68.31%0.29%Consumer Services
UPDCUPDC PLC [BLS]
4.57B NGN1.25 NGN0.00%44.086K0.1323.2B NGN69.060.02 NGN0.00%Finance
SCOASCOA NIGERIA PLC
4.358B NGN1.48 NGN+9.63%247.2K6.73877.265M NGN−1.11 NGN+14.40%0.00%Consumer Durables
CAPCHEMICAL AND ALLIED PRODUCTS PLC
3.935B NGN20.00 NGN0.00%168.985K1.1716.295B NGN7.012.85 NGN+23.53%7.75%Process Industries
FIDSONFIDSON HEALTHCARE PLC
3.856B NGN16.40 NGN+2.82%233.976K0.4336.605B NGN8.821.86 NGN+1.72%3.45%Health Technology
Strong buy
MAYBAKERMAY AND BAKER PLC - NIGERIA
3.453B NGN5.15 NGN0.00%163.52K0.328.885B NGN8.780.59 NGN−36.62%5.83%Health Technology
Strong buy
CHAMSCHAMS PLC
3.001B NGN1.98 NGN+5.88%2.497M0.358.782B NGN38.820.05 NGN0.00%Technology Services
SKYAVNSKYWAY AVIATION HANDLING COMPANY PLC
2.72B NGN25.35 NGN0.00%3.002K0.0834.313B NGN19.141.32 NGN+319.45%0.65%Transportation
NAHCONIGERIAN AVIATION HANDLING CO PLC
2.496B NGN25.00 NGN0.00%1.127M0.6448.727B NGN4.80%Transportation
NEIMETHNEIMETH INTERNATIONAL PHARMACEUTICALS PLC
2.354B NGN1.90 NGN0.00%98.798K0.048.119B NGN−0.23 NGN−1701.57%0.00%Health Technology
NNFMNORTHERN NIGERIA FLOUR MILLS PLC
2.075B NGN35.25 NGN−8.44%1.713M4.776.861B NGN6.035.85 NGN+905.37%0.91%Process Industries
CILEASINGC AND I LEASING PLC
2.011B NGN5.05 NGN−5.43%2.035M1.104.174B NGN18.030.28 NGN−59.35%0.00%Finance
IMGINDUSTRIAL & MEDICAL GASES NIGERIA PLC
1.98B NGN8.50 NGN0.00%55.556K2.824.246B NGN6.131.39 NGN+69.22%4.71%Process Industries
MEYERMEYER PLC.
1.472B NGN3.59 NGN0.00%7.399K0.121.907B NGN13.830.26 NGN0.00%Process Industries
NCRNCR PLC - NIGERIA
1.408B NGN3.96 NGN0.00%00.00427.68M NGN−22.40 NGN−16274.73%0.00%Electronic Technology
CHAMPIONCHAMPION BREWERY PLC
1.327B NGN3.60 NGN0.00%41.532K0.0528.186B NGN110.430.03 NGN−84.13%0.00%Consumer Non-Durables
TOURISTTOURIST COMPANY OF NIGERIA PLC
1.043B NGN2.84 NGN0.00%00.006.38B NGN−10.01 NGN−797.36%0.00%Consumer Services
NOTORENOTORE CHEMICAL IND PLC
997.695M NGN62.50 NGN0.00%00.0097.732B NGN−50.63 NGN−7943.44%0.00%Process Industries
BERGERBERGER PAINTS PLC - NIGERIA
791.644M NGN13.00 NGN0.00%233.16K1.443.768B NGN8.521.53 NGN+76.34%6.92%Process Industries
FTNCOCOAFTN COCOA PROCESSORS PLC
676.977M NGN1.50 NGN−4.46%2.973M0.856.123B NGN−0.19 NGN+8.71%0.00%Process Industries
ENAMELWANIGERIAN ENAMELWARE CO PLC
508.163M NGN19.30 NGN0.00%00.001.467B NGN0.00%Consumer Durables
REDSTAREXRED STAR EXPRESS PLC
482.023M NGN2.96 NGN0.00%157.617K1.452.825B NGN10.680.28 NGN−18.11%6.76%Transportation
CAVERTONCAVERTON OFFSHORE SUPPORT GROUP PLC
450.339M NGN1.51 NGN−5.63%1.024M0.575.361B NGN−1.46 NGN+5.37%0.00%Transportation
ABCTRANSASSOCIATED BUS COMPANY PLC
362.896M NGN0.91 NGN0.00%209.268K1.032.177B NGN−0.05 NGN−35.95%0.02%Transportation
CHELLARAMCHELLARAMS PLC.
259.581M NGN3.80 NGN−0.52%420.71K97.752.762B NGN1.492.55 NGN−34.78%0.00%Producer Manufacturing
UPLUNIVERSITY PRESS PLC
252.143M NGN2.56 NGN+8.94%805.817K1.591.014B NGN6.860.37 NGN−44.50%4.26%Consumer Services
CUTIXCUTIX PLC
238.205M NGN2.35 NGN+5.86%854.151K0.957.82B NGN9.530.25 NGN−8.84%5.41%Producer Manufacturing
LIVESTOCKLIVESTOCK FEEDS PLC
197.519M NGN1.76 NGN0.00%1.123M0.625.28B NGN−0.17 NGN−145.91%0.00%Process Industries
ELLAHLAKESELLAH LAKES PLC
170.463M NGN3.22 NGN0.00%493.344K0.259.66B NGN−0.32 NGN+17.00%0.00%Process Industries
JOHNHOLTJOHN HOLT PLC
170M NGN1.85 NGN0.00%198.702K1.46719.93M NGN−3.74 NGN−754.70%0.00%Consumer Services
DAARCOMMDAAR COMMUNICATIONS PLC
143.662M NGN0.34 NGN−5.56%984.192K0.212.88B NGN−0.12 NGN+47.30%0.00%Consumer Services
JAPAULGOLDJAPAUL GOLD & VENTURES PLC
118.168M NGN1.61 NGN+0.63%5.207M0.5010.02B NGN12.700.13 NGN0.00%Transportation
RTBRISCOER T BRISCOE PLC
108.569M NGN0.56 NGN−9.68%4.993M4.76729.341M NGN0.720.78 NGN+89.12%0.00%Retail Trade
LEARNAFRCALEARN AFRICA PLC
107.9M NGN3.03 NGN0.00%117.68K1.042.337B NGN5.310.57 NGN−22.40%8.25%Consumer Services
MCNICHOLSMCNICHOLS PLC
98.506M NGN0.69 NGN0.00%119.65K0.06950.889M NGN1.31%Process Industries
TANTALIZERTANTALIZERS PLC
79.071M NGN0.47 NGN0.00%51.157K0.031.509B NGN0.00%Consumer Services
TRANSEXPRTRANS NATIONWIDE EXPRESS PLC
73.37M NGN1.05 NGN0.00%1200.04523.058M NGN19.590.05 NGN−44.46%1.90%Transportation
NSLTECHSECURE ELECTRONIC TECHNOLOGY PLC
65.667M NGN0.68 NGN−9.33%2.3M0.444.224B NGN−0.01 NGN+7.61%0.00%Consumer Services
UNIONDICONUNION DICON SALT PLC
58.359M NGN8.10 NGN0.00%00.002.214B NGN7.261.12 NGN0.00%Consumer Non-Durables
OMATEKOMATEK VENTURES LTD
45M NGN0.80 NGN0.00%280.005K0.052.353B NGN−0.47 NGN−25.52%0.00%Electronic Technology
TIPTHE INITIATES PLC
44.49M NGN1.23 NGN+6.96%866.712K0.321.023B NGN0.00%Commercial Services
ACADEMYACADEMY PRESS PLC
31.46M NGN1.80 NGN+5.88%1.351M9.571.285B NGN−0.25 NGN−210.94%5.88%Consumer Services
MORISONMORISON INDUSTRIES PLC
12.662M NGN2.55 NGN0.00%00.002.522B NGN0.00%Health Technology
ALEXALUMINIUM EXTRUSION INDUSTRIES PLC
10.922M NGN7.15 NGN0.00%2000.101.573B NGN−0.94 NGN−973.27%0.00%Non-Energy Minerals
SFSREITSFS REAL ESTATE INVESTMENT TRUST
5.495M NGN101.35 NGN+9.98%110.466K10.811.843B NGN8.2812.24 NGN+41.95%9.17%Finance
MULTIVERSEMULTIVERSE MINING AND EXPLORATION PLC
5.074M NGN9.50 NGN+1.17%845.814K0.684.002B NGN18.860.50 NGN−71.07%0.53%Non-Energy Minerals
TRIPPLEGTRIPPLE GEE AND COMPANY PLC
3.805M NGN2.38 NGN0.00%9.992K0.461.178B NGN10.630.22 NGN+149.61%4.20%Commercial Services
EUNISELLEUNISELL INTERLINKED PLC
879K NGN3.20 NGN0.00%0757.438M NGN−0.03 NGN−284.83%0.00%Producer Manufacturing
CUSTODIANCUSTODIAN INVESTMENT PLC
7.50 NGN0.00%59.75K0.0944.114B NGN2.622.87 NGN+55.35%9.33%Finance
JAIZBANKJAIZ BANK PLC
1.55 NGN−3.13%2.016M0.1774.498B NGN7.210.21 NGN2.81%Finance
MBENEFITMUTUAL BENEFITS ASSURANCE PLC
0.52 NGN−1.89%775.329K0.0810.632B NGN2.400.22 NGN+186.87%0.00%Finance
OANDOOANDO PLC
10.45 NGN+0.97%1.79M0.18128.665B NGN0.00%Energy Minerals
ARBICOARBICO PLC
1.03 NGN0.00%0152.955M NGN0.00%Industrial Services
GOLDBREWGOLDEN GUINEA BREWERIES PLC
3.15 NGN0.00%1.115K0.093.161B NGN0.00%Consumer Non-Durables
FLOURMILLFLOUR MILLS OF NIGERIA PLC
31.75 NGN+2.25%618.557K0.74115.434B NGN7.25%Process Industries
Buy
GUINEAINSGUINEA INSURANCE PLC
0.30 NGN0.00%3.8M0.722.383B NGN19.740.02 NGN0.00%Finance
HONYFLOURHONEYWELL FLOUR MILLS PLC
3.05 NGN−2.24%4.405M2.3024.742B NGN0.00%Process Industries
NGXGROUPNIGERIAN EXCHANGE GROUP
21.75 NGN0.00%446.138K0.23Finance
CORNERSTCORNERSTONE INSURANCE CO PLC
1.35 NGN−3.57%349.179K0.7225.269B NGN1.910.71 NGN+422.41%4.29%Finance
ROYALEXROYAL EXCHANGE PLC
0.59 NGN−1.67%5.724M2.973.087B NGN−0.03 NGN+88.01%0.00%Finance
SOVRENINSSOVEREIGN TRUST INSURANCE PLC
0.38 NGN+5.56%619.558K0.364.091B NGN5.840.07 NGN−25.85%0.00%Finance
NEMNEM INSURANCE CO PLC
5.35 NGN−9.32%1.199M0.8729.597B NGN5.08%Finance
UBAUNITED BANK FOR AFRICA PLC - NIGERIA
22.60 NGN+0.44%12.869M0.43769.487B NGN1.5614.46 NGN6.22%Finance
Strong buy
LINKASSURELINKAGE ASSURANCE PLC
0.81 NGN0.00%108.428K0.3711.34B NGN3.190.25 NGN+179.54%0.00%Finance
WEMABANKWEMA BANK PLC
5.25 NGN−1.87%3.975M0.7868.791B NGN2.891.81 NGN5.47%Finance
FIDELITYBKFIDELITY BANK PLC
9.10 NGN−0.55%23.717M1.10292.912B NGN2.973.06 NGN7.10%Finance
Buy
UNIVINSUREUNIVERSAL INSURANCE CO PLC
0.29 NGN+3.57%44.39M0.924.48B NGN0.00%Finance