5 Most Valuable Nigerian Companies In The World

4.  BUA Cement Plc (BUACEMEN:NL)

Market Capitalization: $8.01 billion (₦3.7 trillion)

BUA Cement Plc (BUACEMEN:NL) is the second biggest cement producer in Nigeria, behind Dangote Cement.

BUA Cement Plc (BUACEMEN:NL) is focused on increasing its annual production to 17 million metric tons per annum by 2024 from its current installed capacity of 11 million metric tons. The company has two cement manufacturing facilities located in the states of Edo and Sokoto, respectively. The plant located in the state of Edo represents the biggest non-oil and gas-related investment in the region and has a production capacity of 6 million metric tons. The company went public in 2020 as the biggest cement producer in the Northwestern region of the country.