The Nigerian Exchange is home to roughly 150 listed companies and has grown into one of Africa’s most prominent stock exchanges. Yet among its hundreds of listed names today, a handful stand out for a history that stretches back to pre-independence Nigeria, having lived through the Nigerian Civil War and decades of change since.
These pioneering companies have weathered economic turbulence, currency devaluation, and oil booms and busts, and still remain listed, in many cases, still profitable today.
From construction giants that built the country’s earliest landmarks to trading and manufacturing companies that shaped its industrial base, this piece looks at the 10 oldest companies still actively trading on the Nigerian Exchange based on the date they were incorporated on the stock exchange.
Royal Exchange plc – 1921
Royal Exchange’s roots trace back to 1918, when the British firm Royal Exchange Assurance first established a branch in Nigeria. It was
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