Ranking by Market Capitalization

Rank	Security	Price	Shares in Issue	Capitalization
1	AIRTELAFRI	615.00	300,076,000,000	184,546,740,000,000.00
2	DANGCEM	248.00	17,040,507,405	4,226,045,836,440.00
3	MTNN	163.50	20,354,513,050	3,327,962,883,675.00
4	BUACEMENT	71.00	33,864,354,060	2,404,369,138,260.00
5	NESTLE	1,540.00	792,656,252	1,220,690,628,080.00
6	GUARANTY	28.55	29,431,179,224	840,260,144,390.99
7	ZENITHBANK	24.40	31,396,493,786	766,074,436,401.59
8	NB	58.00	7,929,100,888	459,887,851,504.00
9	STANBIC	41.00	11,105,997,568	455,345,900,288.00
10	SEPLAT	770.00	553,310,313	426,048,941,010.00
11	FBNH	7.45	35,895,292,792	267,419,924,453.92
12	UBA	7.70	32,981,387,566	253,956,677,967.50
13	DANGSUGAR	18.50	12,000,000,000	222,000,000,000.00
14	ACCESS	9.30	22,882,918,908	212,811,150,208.97
15	DANGFLOUR	23.00	5,000,000,000	115,000,000,000.00
16	OKOMUOIL	110.00	953,910,000	104,930,100,000.00
17	WAPCO	22.90	4,554,901,810	104,307,249,711.44
18	ETI	5.35	17,202,704,264	92,034,466,171.82
19	UBN	5.40	16,935,806,471	91,453,356,558.52
20	FLOURMILL	30.75	2,624,237,187	80,695,293,500.25
21	MOBIL	219.50	360,595,262	79,150,660,009.00
22	PRESCO	70.00	1,000,000,000	70,000,000,000.00
23	FIDELITYBK	2.41	28,974,797,023	69,829,263,312.36
24	TOTAL	203.20	339,521,837	68,990,836,242.26
25	7UP	101.97	640,590,363	65,321,000,097.08
26	OANDO	5.26	12,034,618,894	63,302,098,136.95
27	FCMB	3.02	19,802,710,754	59,804,186,099.37
28	UNILEVER	14.15	3,783,296,250	53,533,640,494.29
29	GUINNESS	31.65	1,505,888,188	47,661,360,575.75
30	STERLNBANK	1.54	28,790,418,126	44,337,242,815.77
31	UCAP	6.90	6,000,000,000	41,400,000,572.20
32	NASCON	15.00	2,649,438,378	39,741,575,670.00
33	ASHAKACEM	17.08	2,239,453,125	38,249,859,204.14
34	CUSTODIAN	6.25	5,881,864,195	36,761,651,218.75
35	TRANSCORP	0.93	38,720,997,425	36,010,527,882.20
36	WEMABANK	0.85	39,488,373,213	33,565,118,172.53
37	JBERGER	22.50	1,320,000,000	29,700,000,000.00
38	TRANSCOHOT	3.57	7,600,403,900	27,133,441,415.62
39	BETAGLAS	52.95	499,972,000	26,473,517,781.45
40	PZ	6.00	3,970,477,045	23,822,862,270.00
41	ARDOVA	18.00	1,302,481,103	23,444,659,854.00
42	CUSTODYINS	3.93	5,881,864,195	23,115,726,679.01
43	CCNN	18.10	1,256,677,766	22,745,868,043.98
44	UACN	11.20	1,920,864,387	21,513,680,768.02
45	CAPALBETO	95.49	196,875,000	18,799,593,329.43
46	CHAMPION	2.25	7,829,496,464	17,616,367,044.00
47	IHS	3.90	4,400,000,000	17,160,000,419.62
48	CADBURY	9.00	1,878,202,040	16,903,818,360.00
49	INTBREW	5.10	3,294,249,280	16,800,671,013.84
50	GTASSURE	1.60	10,000,000,000	16,000,000,238.42
51	MEDVIEWAIR	1.62	9,750,649,400	15,796,052,074.49
52	VITAFOAM	15.70	982,800,000	15,429,959,812.55
53	UPDCREIT	5.60	2,668,269,500	14,942,308,945.53
54	CAP	20.80	700,000,000	14,559,999,465.94
55	IAINSURE	0.50	28,000,000,000	14,000,000,000.00
56	IHSPREF	3.08	4,400,000,000	13,551,999,664.31
57	HONYFLOUR	1.68	7,930,197,658	13,322,731,649.48
58	CONOIL	18.50	693,952,117	12,838,114,164.50
59	AFRIPRUD	6.25	2,000,000,000	12,500,000,000.00
60	LASACO	1.65	7,323,433,421	12,083,664,970.05
61	NEM	2.00	5,280,502,913	10,561,005,826.00
62	FIDSON	6.50	1,500,000,000	9,750,000,000.00
63	MANSARD	0.90	10,500,000,000	9,449,999,749.66
64	ETERNA	7.10	1,304,144,647	9,259,426,869.33
65	UHOMREIT	36.60	250,019,781	9,150,723,603.10
66	CILEASING	4.75	1,882,818,912	8,943,389,832.00
67	ETRANZACT	2.06	4,200,000,000	8,651,999,759.67
68	SKYEBANK	0.56	13,880,301,410	7,772,968,822.69
69	GLAXOSMITH	6.35	1,195,876,488	7,593,815,584.75
70	AIICO	1.07	6,930,204,480	7,415,319,157.10
71	ASOSAVINGS	0.50	14,741,733,802	7,370,866,901.00
72	WAPIC	0.54	13,382,738,248	7,226,678,941.08
73	UNITYBNK	0.59	11,689,337,942	6,896,709,079.21
74	CAVERTON	1.97	3,350,509,750	6,600,504,303.36
75	TOURIST	2.84	2,246,437,472	6,379,882,227.67
76	CHIPLC	0.54	10,704,500,000	5,780,430,229.69
77	INFINITY	1.32	4,170,455,720	5,505,001,769.15
78	LINKASSURE	0.65	7,999,999,995	5,199,999,806.02
79	LIVESTOCK	2.40	1,999,999,418	4,799,998,793.93
80	CORNERST	0.53	8,820,010,363	4,674,605,240.05
81	MAYBAKER	4.70	980,000,000	4,605,999,813.08
82	MTECH	0.91	4,966,666,668	4,519,666,798.14
83	OMOSAVBNK	0.90	5,000,000,000	4,499,999,880.79
84	CAPHOTEL	2.90	1,548,780,000	4,491,462,147.70
85	AIRSERVICE	7.05	634,000,000	4,469,700,120.93
86	SKYAVN	3.16	1,353,580,000	4,277,312,916.18
87	OASISINS	0.53	8,003,506,791	4,241,858,370.25
88	CUTIX	4.81	880,661,013	4,235,979,422.14
89	FORTISMFB	2.58	1,630,091,000	4,205,634,655.63
90	AFRINSURE	0.20	20,585,000,000	4,117,000,061.35
91	ABBEYBDS	0.95	4,200,000,000	3,989,999,949.93
92	BOCGAS	9.20	416,244,706	3,829,451,215.81
93	LAWUNION	1.10	3,437,330,500	3,781,063,631.95
94	NPFMCRFBK	1.65	2,286,637,766	3,772,952,259.38
95	NAHCO	2.30	1,624,218,750	3,735,703,047.55
96	ETERNAOIL	2.75	1,304,144,847	3,586,398,329.25
97	STARCOMMS	0.50	7,087,132,529	3,543,566,264.50
98	UNITYKAP	0.25	13,866,666,666	3,466,666,666.50
99	NEWGOLD	8,450.00	400,000	3,380,000,000.00
100	VERITASKAP	0.24	13,866,666,666	3,327,999,925.45
101	JAPAULGOLD	0.53	6,262,701,716	3,319,231,730.30
102	MRS	12.60	253,988,672	3,200,257,364.09
103	UNIVINSURE	0.20	16,000,000,000	3,200,000,047.68
104	CWG	1.25	2,524,826,359	3,156,032,948.75
105	MBENEFIT	0.37	8,000,000,000	2,960,000,038.15
106	UNHOMES	3.02	976,562,505	2,949,218,746.47
107	STACO	0.48	6,141,087,609	2,947,721,986.43
108	EKOCORP	5.90	498,600,908	2,941,745,404.75
109	PREMBREW	2.95	979,211,412	2,888,673,712.09
110	ROYALEX	0.55	5,145,370,074	2,829,953,602.04
111	NEIMETH	1.75	1,569,551,328	2,746,714,824.00
112	REGALINS	0.41	6,668,750,000	2,734,187,476.15
113	UNIONDICON	9.90	273,338,776	2,706,053,778.13
114	AFROIL	20.71	125,487,475	2,598,845,492.36
115	BERGER	8.90	289,823,447	2,579,428,567.74
116	PRESTIGE	0.45	5,518,293,960	2,483,232,216.22
117	IKEJAHOTEL	1.19	2,078,796,399	2,473,767,833.76
118	MTI	0.50	4,893,594,400	2,446,797,200.00
119	DAARCOMM	0.20	12,000,000,000	2,400,000,035.76
120	RESORTSAL	0.20	11,329,732,404	2,265,946,514.57
121	SOVRENINS	0.27	8,340,823,296	2,252,022,379.41
122	AUSTINLAZ	2.03	1,079,860,000	2,192,115,769.10
123	UAC-PROP	1.15	1,718,749,995	1,976,562,453.27
124	NIGROPES	7.46	263,668,295	1,966,965,490.76
125	REDSTAREX	3.33	589,496,760	1,963,024,165.82
126	GNI	0.50	3,827,485,380	1,913,742,690.00
127	SKYESHELT	95.00	20,000,000	1,900,000,000.00
128	BECOPETRO	0.50	3,716,976,580	1,858,488,290.00
129	GCAPPA	14.46	125,000,000	1,807,500,004.77
130	HMARKINS	0.30	6,000,000,000	1,800,000,071.53
131	EQUITYASUR	0.20	8,847,298,420	1,769,459,710.37
132	STDINSURE	0.20	8,493,173,450	1,698,634,715.31
133	CHELLARAM	2.24	722,925,000	1,619,352,006.89
134	ALEX	7.20	219,956,000	1,583,683,158.05
135	NIGERINS	0.20	7,739,479,368	1,547,895,896.67
136	AGLEVENT	0.55	2,647,290,305	1,456,009,699.31
137	SUNUASSUR	0.49	2,800,000,000	1,372,000,026.70
138	SCOA	1.95	649,825,665	1,267,160,077.74
139	PREMPAINTS	10.00	123,000,000	1,230,000,000.00
140	GUINEAINS	0.20	6,140,000,000	1,228,000,018.30
141	CAPOIL	0.20	5,857,548,000	1,171,509,617.46
142	FTNCOCOA	0.53	2,200,000,000	1,165,999,937.06
143	LEARNAFRCA	1.50	771,450,000	1,157,175,000.00
144	NSLTECH	0.20	5,631,540,000	1,126,308,016.78
145	NNFM	6.15	178,200,000	1,095,930,016.99
146	STUDPRESS	1.78	594,885,713	1,058,896,552.12
147	PORTPAINT	2.64	400,000,000	1,056,000,041.96
148	ENAMELWA	16.20	63,360,000	1,026,432,048.34
149	BIGTREAT	0.50	2,000,000,000	1,000,000,000.00
150	UNIONDAC	0.28	3,553,138,530	994,878,792.64
151	DUNLOP	0.20	4,772,669,212	954,533,856.62
152	CHAMS	0.20	4,696,060,000	939,212,014.00
153	JOSBREW	1.66	562,000,000	932,919,981.24
154	GOLDINSURE	0.20	4,549,947,000	909,989,413.56
155	NIWICABLE	0.50	1,800,000,000	900,000,000.00
156	AFROMEDIA	0.20	4,439,046,986	887,809,410.43
157	AFRPAINTS	2.35	368,461,038	865,883,404.16
158	COURTVILLE	0.24	3,552,000,000	852,479,980.95
159	MULTIVERSE	0.20	4,261,938,686	852,387,749.90
160	FIRSTALUM	0.40	2,110,359,242	844,143,709.38
161	AVONCROWN	1.18	683,974,529	807,089,908.34
162	INTERLINK	2.91	236,699,521	688,795,626.43
163	VONO	1.19	563,651,183	670,744,940.02
164	TANTALIZER	0.20	3,211,627,907	642,325,590.97
165	UTC	0.50	1,233,375,004	616,687,502.00
166	UPL	1.41	431,409,504	608,287,386.24
167	ABCTRANS	0.36	1,657,700,001	596,772,024.07
168	OMATEK	0.20	2,941,789,472	588,357,903.17
169	ALUMACO	7.75	75,604,049	585,931,379.75
170	NIG-GERMAN	3.62	153,786,012	556,705,345.84
171	COSTAIN	0.50	1,084,382,980	542,191,490.00
172	UNIC	0.20	2,582,296,000	516,459,207.70
173	ELLAHLAKES	4.25	120,000,000	510,000,000.00
174	INTENEGINS	0.38	1,284,085,489	487,952,479.70
175	PAINTCOM	0.59	792,914,256	467,819,390.24
176	TRIPPLEG	0.90	494,954,000	445,458,588.20
177	INITSPLC	0.47	889,981,552	418,291,328.38
178	NESF	552.20	745,950	411,913,599.11
179	EVANSMED	0.50	732,347,370	366,173,685.00
180	NCR	3.00	108,000,000	324,000,000.00
181	MEYER	0.59	531,237,723	313,430,242.64
182	DEAPCAP	0.20	1,500,000,000	300,000,004.47
183	DNMEYER	0.91	325,000,000	295,750,008.52
184	JOHNHOLT	0.75	389,151,412	291,863,559.00
185	POLYPROD	1.05	250,000,000	262,499,988.08
186	VANLEER	6.05	42,640,000	257,972,008.13
187	IPWA	0.50	514,140,713	257,070,356.50
188	JULI	1.23	199,905,004	245,883,158.73
189	PHARMDEKO	1.09	216,820,448	236,334,295.56
190	RTBRISCOE	0.20	1,176,356,880	235,271,379.51
191	GOLDBREW	0.81	272,160,000	220,449,600.65
192	MANDRID	5.35	40,000,000	213,999,996.19
193	MORISON	1.40	152,178,750	213,050,246.37
194	LENNARDS	3.00	70,164,062	210,492,186.00
195	MCNICHOLS	0.77	270,000,000	207,899,994.85
196	ADSWITCH	1.63	125,005,250	203,758,556.90
197	TRANSEXPR	0.89	198,819,762	176,949,585.34
198	ACADEMY	0.35	504,000,000	176,399,997.00
199	ROADS	6.60	25,000,000	164,999,997.62
200	ARBICO	1.03	148,500,000	152,954,995.75
201	WAGLASS	0.63	208,614,500	131,427,134.01
202	CONFDINS	0.61	211,626,000	129,091,863.03
203	THOMASWY	0.35	220,000,000	76,999,998.69
204	UNIONVENT	0.63	98,600,000	62,117,999.53
205	ROKANA	0.60	50,000,000	30,000,001.19
206	RAKUNITY	0.30	56,624,533	16,987,360.58
207	AFRIK	0.50	24,898,850	12,449,425.00
208	SMURFIT	0.16	45,000,000	7,199,999.84
209	GSPECPLC	4.19	800,000	3,352,000.05
210	WAAP	0.50	6,650,000	3,325,000.00
211	NIGSEWING	0.15	5,880,000	882,000.04
212	STOKVIS	0.14	2,918,000	408,520.00
213	FBQ2023S1	100.00	504	50,400.00
214	JAIZBANK	0.61	1,000	610.00
215	NOTORE	62.50	0	0.00