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Here is a list of sixty most capitalized companies with the Nigerian Stock Exchange for the year 2019:

1. Dangote Cement: N2.42trn

2. MTN Nigeria Comms: N2.14trn

3. Nestle Nigeria Plc.: N1.17trn

4. Airtel Africa Plc: N1.12trn

5. Guaranty Trust Bank: N874.11bn

6. Zenith Bank: N583.97bn

7. Nigerian Breweries: N471.82bn

8. StanbicIBTC Holdings Plc: N430.7bn

9. Seplat Petrol Devt Comp.: N387.08bn

10. Access Bank: N355.45bn

11. Lafarge Africa: N246.45bn

.12. United Bank For Africa: N244.53bn

13. Cement Co. of North Nig: N237.9bn

14. FBN Holdings Plc: N220.76bn

15. Union Bank Nig: N174.72bn

16. Dangote Flour Mills Plc: N163.2bn

17. Unilever Nigeria: N126.39bn

18. Ecobank Transnl Inc: N119.27bn

19. Notore Chemical Ind: N100.75bn

20. It’l Breweries: N81.66bn

21. Flour Mills Nig: N80.78bn

22. Guinness Nig: N65.82bn

23. Fidelity Bank: N59.4bn

24. Sterling Bank: N57.29bn

25. 11 (Mobile) Plc: N53.33bn

26. Okomu Oil Palm: N53.04bn

27. Oando: N49.6bn

28. Presco: N47.5bn

29. Transnl Corp of Nig: N40.24bn

30. Total Nigeria: N37.65bn

31. Transcorp Hotels Plc: N37.24bn

32. FCMB Group: N36.64bn

33. Custodian Investment: N35.29bn

34. Nascon Allied Industries: N34.31bn

35. Wema Bank: N28.55bn

36. Beta Glass: N26.9bn

37. Julius Berger Nig: N26.27bn

38. U A C N: N24.78bn

39. Forte Oil: N23.57bn

40. Continental Re: N22.82b

41. P Z Cussons Nigeria: N22.43bn

42. Axamansard Insurance: N20.79bn

43. Cadbury Nigeria: N19.82bn

44. Jaiz Bank: N18.27bn

45. CAP Plc: N16.8bn

46. Medview Airline: N15.8bn

47. United Capital: N14.4bn

48. Conoil: N12.84bn

49. NEM Insurance: N12.78bn

50. UPDC Real Estate Inv. Trust: N11.34bn

51. 113 E-tranzact Int’l: N10.96bn

52. Union Homes Real Estate Invt Trust (REIT): N10.18bn

53. Caverton Offshore Support Group: N8.95bn

54. Ellah Lakes: N8.5bn

55. Africa Prudential: N8bn

56. Tourist Company of Nig: N7.86bn

57. Honeywell Flour Mill: N7.85bn

58. Unity Bank: N7.48bn

59. Champion Breweries: N7.44bn

60. ASO Savings & Loans: N7.37bn

compiled by : StatiSense

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Women United for Economic Empowerment (WUEE) is a non-governmental organization with a mission to promote women/children rights, human development to the rural/urban poor women, youth, children and other vulnerable groups. WUEE in partnership with United Nations Democracy Fund (UNDEF) announces a Call for small grant application for interested and eligible CSOs/CBOs in Rivers and Akwa Ibom States, on STRENGTHENING GOOD GOVERNANCE AND DEMOCRATIC PROCESSES AT THE LOCAL LEVEL IN NIGERIA

Purpose for Fund

The project seeks to increase the capacities of 20 civil CSOs/CBOs and Local Government Chairmen in order to help them fulfill their roles and responsibilities more effectively in a democratic system. It is meant to strengthen good governance and democratic processes at the local level in Nigeria and to increase citizen participation. The project shall be conducted in Rivers and Akwa Ibom States. Trained representatives of selected CSOs and CBOs shall in conjunction with local stakeholders organize civic education programs for Twenty Thousand (20,000) local citizens in their local communities (1,000 per CSO/CBO), in order to promote citizens’ understanding and participation in the democratic processes.


Applicants must:

  • Be Not-for-profit organizations.
  • Have expertise in governance programming.
  • Have presence in the Local Government/community in which the program will be conducted.
  • Be registered with the Corporate Affairs Commission (CAC).
  • Have a track record of working with indigenous women, youth, persons with disabilities (PWD).
  • Be willing to comply with all technical and financial requirements for participation in the program, including reporting and documentation of project activities, communication strategy and capacity development opportunities.
  • Be willing to participate in assessments, trainings, workshops, meetings and other activities considered important for achieving project goal.


Interested organizations shall submit 4 hard copies of grant proposal including Certificate of registration with CAC to Women United for Economic Empowerment Office located at No. 70 Nwaniba Road, Uyo, Akwa Ibom State and soft copy via Email: or Applications must be received not later than Thursday, 13th August, 2020 at 16.00 hrs.  No late application will be accepted

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Nigerian stock market opens with N119 billion loss



Nigerian equities market resumed trading on Monday with a loss of 0.91 per cent as a result of profit taking in some blue chips.

Speficially, the All-Share Index which opened the week at 25,182.67 lost 228.35 points or 0.91 per cent to close at 24,954.32.

Accordingly, Month-to-Date and Year-to-Date losses increased to -1.2 per cent and -7.0 per cent, respectively.

Also, the market capitalisation shed N119 billion or 0.91 per cent to close at N13.017 trillion against N13.136 trillion posted on Thursday.

The downturn was impacted by losses recorded in medium and large capitalised stocks, amongst which are; MTN Nigeria Communications (MTNN), BUA Cement, Zenith Bank, Ecobank Transnational Incorporated and Guaranty Trust Bank.

Analysts at United Capital Plc said: “Looking ahead, we expect the market to remain volatile, as investors lock funds in cheap and fundamentally sound stocks, while taking profit on some stocks that gained last week.”

Consequently, market breadth closed negative with 16 stocks compared with 25 decliners.

Prestige Assurance led the losers’ chart in percentage terms, dropping by 10 per cent, to close at 63k, per share.

Neimeth International Pharmaceuticals followed with 9.73 per cent to close at N2.32, while AIICO Insurance shed 9.32 per cent to close at N1.07, per share.

ETI dropped 7.34 per cent to close at N5.05, while UACN Property Development dipped 6.73 per cent to close at 97k, per share.

Conversely, Fidson Healthcare and Red Star Express led the gainers’ chart in percentage terms, appreciating by 10 per cent each to close at N3.30 and N3.63 per share, respectively.

Cornerstone Insurance followed with a gain 9.80 per cent to close at 56k, per share.

Honeywell Flour Mills rose by 9.78 per cent to close at N1.01, while Unity Bank appreciated by 8.77 per cent to close at 62k, per share.

In the same vein, the total volume traded declined by 29.51 per cent with an exchange of 237.65 million shares, worth N1.61 billion, and traded in 4,808 deals.

This was in contrast with a total of 337.13 million shares valued at N3.41 billion achieved in 3,880 deals on Thursday.

Transactions in the shares of FBN Holdings topped the activity chart with 24.35 million shares worth N128.76 million.

Zenith Bank followed with 24.14 million shares valued at N392.36 million, while FCMB Group accounted for 19.47 million shares valued at N33.48 million.

Caverton Offshore traded 17.37 million shares worth N39.02 million, while United Bank for Africa transacted 14.64 million shares valued at N95.74 million.

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