Ranking by Market Capitalization

Rank	Security	Price	Shares in Issue	Capitalization
1	AIRTELAFRI	760.00	300,076,000,000	228,057,760,000,000.00
2	DANGCEM	280.00	17,040,507,405	4,771,342,073,400.00
3	MTNN	169.90	20,354,513,050	3,458,231,642,960.91
4	BUACEMENT	67.85	33,864,354,060	2,297,696,371,298.10
5	NESTLE	1,405.00	792,656,252	1,113,682,034,060.00
6	GTCO	29.60	29,431,179,224	871,162,916,257.50
7	GUARANTY	28.55	29,431,179,224	840,260,144,390.99
8	ZENITHBANK	24.85	31,396,493,786	780,202,882,558.91
9	SFSREIT	67.90	10,704,500,000	726,835,566,333.77
10	UPDC	1.90	300,076,000,000	570,144,392,845.63
11	STANBIC	39.50	11,105,997,568	438,686,903,936.00
12	FBNH	11.75	35,895,292,792	421,769,690,306.00
13	SEPLAT	720.00	553,310,313	398,383,425,360.00
14	NB	47.90	7,929,100,888	379,803,944,634.05
15	UBA	8.30	32,981,387,566	273,745,523,088.50
16	ACCESS	9.60	22,882,918,908	219,676,030,245.94
17	DANGSUGAR	17.60	12,000,000,000	211,200,004,577.64
18	OKOMUOIL	125.40	953,910,000	119,620,315,455.55
19	ETI	6.95	17,202,704,264	119,558,791,353.65
20	DANGFLOUR	23.00	5,000,000,000	115,000,000,000.00
21	WAPCO	24.75	4,554,901,810	112,733,819,797.50
22	UBN	5.30	16,935,806,471	89,759,777,526.55
23	PRESCO	89.00	1,000,000,000	89,000,000,000.00
24	FIDELITYBK	2.74	28,974,797,023	79,390,944,119.35
25	MOBIL	219.50	360,595,262	79,150,660,009.00
26	FLOURMILL	29.30	2,624,237,187	76,890,147,576.97
27	TOTAL	193.00	339,521,837	65,527,714,541.00
28	7UP	101.97	640,590,363	65,321,000,097.08
29	FCMB	3.15	19,802,710,754	62,378,540,763.63
30	OANDO	5.10	12,034,618,894	61,376,555,211.69
31	UCAP	9.65	6,000,000,000	57,899,997,711.18
32	UNILEVER	13.20	3,783,296,250	49,939,509,778.39
33	CUSTODIAN	7.85	5,881,864,195	46,172,633,369.81
34	TRANSCOHOT	5.97	7,600,403,900	45,374,409,688.37
35	STERLNBANK	1.55	28,790,418,126	44,625,146,722.47
36	GUINNESS	29.05	1,505,888,188	43,746,050,712.50
37	NASCON	15.50	2,649,438,378	41,066,294,859.00
38	TRANSCORP	1.01	38,720,997,425	39,108,207,029.98
39	ASHAKACEM	17.08	2,239,453,125	38,249,859,204.14
40	JBERGER	25.50	1,320,000,000	33,660,000,000.00
41	HONYFLOUR	3.78	7,930,197,658	29,976,146,920.36
42	WEMABANK	0.75	39,488,373,213	29,616,279,909.75
43	BETAGLAS	52.95	499,972,000	26,473,517,781.45
44	CHAMPION	3.09	7,829,496,464	24,193,143,401.75
45	MANSARD	2.30	10,500,000,000	24,149,999,499.32
46	CUSTODYINS	3.93	5,881,864,195	23,115,726,679.01
47	CCNN	18.10	1,256,677,766	22,745,868,043.98
48	PZ	5.40	3,970,477,045	21,440,576,421.65
49	UACN	11.00	1,920,864,387	21,129,508,257.00
50	ARDOVA	15.10	1,302,481,103	19,667,465,152.16
51	CAPALBETO	95.49	196,875,000	18,799,593,329.43
52	CONOIL	25.50	693,952,117	17,695,778,983.50
53	IHS	3.90	4,400,000,000	17,160,000,419.62
54	VITAFOAM	17.40	982,800,000	17,100,719,625.09
55	INTBREW	5.00	3,294,249,280	16,471,246,400.00
56	GTASSURE	1.60	10,000,000,000	16,000,000,238.42
57	CADBURY	8.50	1,878,202,040	15,964,717,340.00
58	MEDVIEWAIR	1.62	9,750,649,400	15,796,052,074.49
59	UPDCREIT	5.65	2,668,269,500	15,075,722,929.47
60	IAINSURE	0.50	28,000,000,000	14,000,000,000.00
61	AFRIPRUD	6.95	2,000,000,000	13,899,999,618.53
62	CAP	19.60	700,000,000	13,720,000,267.03
63	IHSPREF	3.08	4,400,000,000	13,551,999,664.31
64	NEM	1.93	5,280,502,913	10,191,370,345.12
65	ETERNA	7.70	1,304,144,647	10,041,913,533.15
66	UHOMREIT	36.60	250,019,781	9,150,723,603.10
67	FIDSON	6.10	1,500,000,000	9,149,999,856.95
68	CILEASING	4.70	1,882,818,912	8,849,248,527.28
69	LASACO	1.20	7,323,433,421	8,788,120,454.41
70	ETRANZACT	2.05	4,200,000,000	8,609,999,799.73
71	GLAXOSMITH	6.55	1,195,876,488	7,832,991,224.50
72	SKYEBANK	0.56	13,880,301,410	7,772,968,822.69
73	ASOSAVINGS	0.50	14,741,733,802	7,370,866,901.00
74	UNITYBNK	0.57	11,689,337,942	6,662,922,543.33
75	WAPIC	0.48	13,382,738,248	6,423,714,215.46
76	CHIPLC	0.60	10,704,500,000	6,422,700,255.22
77	TOURIST	2.84	2,246,437,472	6,379,882,227.67
78	AIICO	0.90	6,930,204,480	6,237,183,866.77
79	SKYAVN	4.45	1,353,580,000	6,023,430,741.83
80	NAHCO	3.60	1,624,218,750	5,847,187,345.10
81	CAVERTON	1.73	3,350,509,750	5,796,381,931.41
82	INFINITY	1.32	4,170,455,720	5,505,001,769.15
83	CAPHOTEL	3.19	1,548,780,000	4,940,608,288.62
84	CORNERST	0.56	8,820,010,363	4,939,205,824.31
85	LIVESTOCK	2.30	1,999,999,418	4,599,998,566.03
86	LINKASSURE	0.57	7,999,999,995	4,559,999,939.93
87	MTECH	0.91	4,966,666,668	4,519,666,798.14
88	OMOSAVBNK	0.90	5,000,000,000	4,499,999,880.79
89	AIRSERVICE	7.05	634,000,000	4,469,700,120.93
90	CUTIX	5.00	880,661,013	4,403,305,065.00
91	BOCGAS	10.50	416,244,706	4,370,569,413.00
92	MAYBAKER	4.36	980,000,000	4,272,800,130.84
93	OASISINS	0.53	8,003,506,791	4,241,858,370.25
94	FORTISMFB	2.58	1,630,091,000	4,205,634,655.63
95	AFRINSURE	0.20	20,585,000,000	4,117,000,061.35
96	ABBEYBDS	0.95	4,200,000,000	3,989,999,949.93
97	NPFMCRFBK	1.71	2,286,637,766	3,910,150,667.09
98	MRS	15.20	253,988,672	3,860,627,765.96
99	LAWUNION	1.10	3,437,330,500	3,781,063,631.95
100	ETERNAOIL	2.75	1,304,144,847	3,586,398,329.25
101	STARCOMMS	0.50	7,087,132,529	3,543,566,264.50
102	UNITYKAP	0.25	13,866,666,666	3,466,666,666.50
103	NEWGOLD	8,450.00	400,000	3,380,000,000.00
104	UNIVINSURE	0.21	16,000,000,000	3,359,999,895.10
105	VERITASKAP	0.23	13,866,666,666	3,189,333,391.04
106	CWG	1.25	2,524,826,359	3,156,032,948.75
107	ROYALEX	0.59	5,145,370,074	3,035,768,208.72
108	UNHOMES	3.02	976,562,505	2,949,218,746.47
109	STACO	0.48	6,141,087,609	2,947,721,986.43
110	NEIMETH	1.85	1,569,551,328	2,903,669,994.22
111	PREMBREW	2.95	979,211,412	2,888,673,712.09
112	EKOCORP	5.79	498,600,908	2,886,899,238.30
113	JAPAULGOLD	0.45	6,262,701,716	2,818,215,697.54
114	UNIONDICON	9.90	273,338,776	2,706,053,778.13
115	REGALINS	0.40	6,668,750,000	2,667,500,039.75
116	AFROIL	20.71	125,487,475	2,598,845,492.36
117	PRESTIGE	0.47	5,518,293,960	2,593,598,154.62
118	BERGER	8.90	289,823,447	2,579,428,567.74
119	MTI	0.50	4,893,594,400	2,446,797,200.00
120	DAARCOMM	0.20	12,000,000,000	2,400,000,035.76
121	IKEJAHOTEL	1.15	2,078,796,399	2,390,615,809.29
122	RESORTSAL	0.20	11,329,732,404	2,265,946,514.57
123	MBENEFIT	0.28	8,000,000,000	2,240,000,009.54
124	AUSTINLAZ	2.03	1,079,860,000	2,192,115,769.10
125	SOVRENINS	0.24	8,340,823,296	2,001,797,546.30
126	UAC-PROP	1.15	1,718,749,995	1,976,562,453.27
127	NIGROPES	7.46	263,668,295	1,966,965,490.76
128	GNI	0.50	3,827,485,380	1,913,742,690.00
129	SKYESHELT	95.00	20,000,000	1,900,000,000.00
130	REDSTAREX	3.17	589,496,760	1,868,704,774.18
131	BECOPETRO	0.50	3,716,976,580	1,858,488,290.00
132	GCAPPA	14.46	125,000,000	1,807,500,004.77
133	HMARKINS	0.30	6,000,000,000	1,800,000,071.53
134	EQUITYASUR	0.20	8,847,298,420	1,769,459,710.37
135	STDINSURE	0.20	8,493,173,450	1,698,634,715.31
136	CHELLARAM	2.24	722,925,000	1,619,352,006.89
137	ALEX	7.20	219,956,000	1,583,683,158.05
138	NIGERINS	0.20	7,739,479,368	1,547,895,896.67
139	AGLEVENT	0.55	2,647,290,305	1,456,009,699.31
140	NNFM	8.00	178,200,000	1,425,600,000.00
141	COURTVILLE	0.39	3,552,000,000	1,385,279,949.19
142	SUNUASSUR	0.45	2,800,000,000	1,259,999,966.62
143	PREMPAINTS	10.00	123,000,000	1,230,000,000.00
144	GUINEAINS	0.20	6,140,000,000	1,228,000,018.30
145	CAPOIL	0.20	5,857,548,000	1,171,509,617.46
146	NSLTECH	0.20	5,631,540,000	1,126,308,016.78
147	CHAMS	0.23	4,696,060,000	1,080,093,819.59
148	STUDPRESS	1.78	594,885,713	1,058,896,552.12
149	PORTPAINT	2.64	400,000,000	1,056,000,041.96
150	FTNCOCOA	0.47	2,200,000,000	1,033,999,997.38
151	ENAMELWA	16.20	63,360,000	1,026,432,048.34
152	BIGTREAT	0.50	2,000,000,000	1,000,000,000.00
153	UNIONDAC	0.28	3,553,138,530	994,878,792.64
154	LEARNAFRCA	1.26	771,450,000	972,026,992.64
155	DUNLOP	0.20	4,772,669,212	954,533,856.62
156	JOSBREW	1.66	562,000,000	932,919,981.24
157	GOLDINSURE	0.20	4,549,947,000	909,989,413.56
158	NIWICABLE	0.50	1,800,000,000	900,000,000.00
159	AFROMEDIA	0.20	4,439,046,986	887,809,410.43
160	AFRPAINTS	2.35	368,461,038	865,883,404.16
161	MULTIVERSE	0.20	4,261,938,686	852,387,749.90
162	FIRSTALUM	0.40	2,110,359,242	844,143,709.38
163	AVONCROWN	1.18	683,974,529	807,089,908.34
164	INTERLINK	2.91	236,699,521	688,795,626.43
165	VONO	1.19	563,651,183	670,744,940.02
166	UPL	1.50	431,409,504	647,114,256.00
167	TANTALIZER	0.20	3,211,627,907	642,325,590.97
168	SCOA	0.95	649,825,665	617,334,374.00
169	UTC	0.50	1,233,375,004	616,687,502.00
170	OMATEK	0.20	2,941,789,472	588,357,903.17
171	ALUMACO	7.75	75,604,049	585,931,379.75
172	PHARMDEKO	2.60	216,820,448	563,733,144.12
173	NIG-GERMAN	3.62	153,786,012	556,705,345.84
174	COSTAIN	0.50	1,084,382,980	542,191,490.00
175	ABCTRANS	0.32	1,657,700,001	530,463,988.46
176	UNIC	0.20	2,582,296,000	516,459,207.70
177	ELLAHLAKES	4.25	120,000,000	510,000,000.00
178	INTENEGINS	0.38	1,284,085,489	487,952,479.70
179	TRIPPLEG	0.96	494,954,000	475,155,829.38
180	PAINTCOM	0.59	792,914,256	467,819,390.24
181	INITSPLC	0.47	889,981,552	418,291,328.38
182	NESF	552.20	745,950	411,913,599.11
183	EVANSMED	0.50	732,347,370	366,173,685.00
184	NCR	3.00	108,000,000	324,000,000.00
185	DEAPCAP	0.20	1,500,000,000	300,000,004.47
186	DNMEYER	0.91	325,000,000	295,750,008.52
187	MORISON	1.89	152,178,750	287,617,835.32
188	JOHNHOLT	0.72	389,151,412	280,189,027.77
189	POLYPROD	1.05	250,000,000	262,499,988.08
190	IPWA	0.50	514,140,713	257,070,356.50
191	RTBRISCOE	0.20	1,176,356,880	235,271,379.51
192	VANLEER	5.45	42,640,000	232,387,991.87
193	GOLDBREW	0.81	272,160,000	220,449,600.65
194	MANDRID	5.35	40,000,000	213,999,996.19
195	LENNARDS	3.00	70,164,062	210,492,186.00
196	MCNICHOLS	0.77	270,000,000	207,899,994.85
197	ADSWITCH	1.63	125,005,250	203,758,556.90
198	JULI	0.91	199,905,004	181,913,558.88
199	ACADEMY	0.36	504,000,000	181,440,007.21
200	TRANSEXPR	0.89	198,819,762	176,949,585.34
201	ROADS	6.60	25,000,000	164,999,997.62
202	ARBICO	1.03	148,500,000	152,954,995.75
203	WAGLASS	0.63	208,614,500	131,427,134.01
204	CONFDINS	0.61	211,626,000	129,091,863.03
205	MEYER	0.20	531,237,723	106,247,546.18
206	THOMASWY	0.35	220,000,000	76,999,998.69
207	UNIONVENT	0.63	98,600,000	62,117,999.53
208	ROKANA	0.60	50,000,000	30,000,001.19
209	RAKUNITY	0.30	56,624,533	16,987,360.58
210	AFRIK	0.50	24,898,850	12,449,425.00
211	SMURFIT	0.20	45,000,000	9,000,000.13
212	GSPECPLC	4.19	800,000	3,352,000.05
213	WAAP	0.50	6,650,000	3,325,000.00
214	NIGSEWING	0.15	5,880,000	882,000.04
215	STOKVIS	0.14	2,918,000	408,520.00
216	FBQ2023S1	100.00	504	50,400.00
217	JAIZBANK	0.60	1,000	600.00
218	NOTORE	62.50	0	0.00