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Company Industry Revenue (US$ millions) Profits (US$ millions) 1 Nigeria National Petroleum: Oil and gas 9,706 1,877 2 Nigeria Liquefied Natural Gas: Oil and gas 6,315 ... 3 MTN Nigeria: Telecommunications 3,514 536 4 Dangote Cement: Cement 2,699 721 5 Nigerian Petroleum Development: Oil and gas 2,686 219 6 Flour Mills of Nigeria: Agroindustry ...
Kobo360 raised $20 million in a Series A round headed by Goldman Sachs in 2019 [13] and $10 million in working capital funding from Nigerian commercial banks. [14] [13]Kobo360 raised an additional $56 million in its series B round led by Afrexim Bank's equity arm - The Fund For Export Development in Africa (FEDA), with participation from existing investors.
This list comprises the largest companies currently in Africa by revenue as of 2022, excluding the finance sector, according to the ranking of the largest 500 companies in Africa by Jeune Afrique. In 2022, the largest company in Africa was Sonatrach with revenue of US$77 billion.
Intels Nigeria Limited is Nigeria's largest logistics company. [1] It was founded in 1982 as Nicotes Services Ltd and is based in Onne, Nigeria. [2] It is partly owned by Nigeria's former vice President Atiku Abubakar. [3] The company provides integrated logistics services for the Nigerian oil and gas industry. Its services include agency ...
Nigerian ports shipped out some 487,000 tonnes in the first three months of 2019. [1] One notable maritime project is the Lekki Port, located in the Lagos Free Trade Zone. Slated to be Nigeria’s first deepsea port and the deepest such facility in sub-Saharan Africa, work on Lekki began in March 2018 and is targeted to be complete in 2022.
Red Star Express became a public company in July 2007 and its shares were listed on the Nigerian Stock Exchange November 14, 2007. [6] In July 2023, the International Finance Corporation and Nigerian Exchange Group awarded Red Star Express for their efforts towards gender equality in the logistics and aviation industry. [7]
Pages in category "Logistics companies of Nigeria" The following 7 pages are in this category, out of 7 total. This list may not reflect recent changes. A.
Established by the Federal Government of Nigeria in 1986, [2] Nigerdock was privatized in 2001 under the administration of President Olusegun Obasanjo [3] and subsequently acquired by Jagal Group in 2003. [4] Nigerdock is a Shipyard and Engineering, Procurement, and Construction (EPC) contractor serving the energy, shipping, and logistics ...