This list, which includes 30 companies, is courtesy of a research report that Nairamtetrics recently released.
At the end of March 2023, companies listed on the Nigerian Exchange reported having a healthy cash position of N1.8 trillion.
Nigeria has the largest population in Africa, which offers tremendous economic potential. Since the nation’s establishment, Nigeria has been swarming with businesses competing for a slice of the country’s massive economic pie. These firms are there to supply goods and services for the huge population.
Businesses in the nation are getting bigger and more complex every year, continuing a trend that is still common. Companies listed on the Nigerian Exchange reported a solid cash position of N1.8 trillion at the end of March 2023, according to Nairametrics, a Nigerian business platform, a significant rise from the N1.2 trillion recorded during the same period in 2022.
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