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Business

Dangote, GTB, Nestle, 17 others in Forbes Top 25 West African companies

Dangote Cement, Zenith Bank PLC and Ecobank Transnational Incorporated were among the 25 companies honoured by Forbes Africa and ABN Productions at the Forbes Africa top listed West African Companies Awards Ceremony recently. The event titled, “The Top Listed West African Companies” was a celebration of the success of risk takers and job creators.

The list covered the Top 25 companies in the West African capital market comprising of the Nigerian Stock Exchange, Ghanaian Stock Exchange and the Abidjan-based Bourse Régionale des Valeurs Mobilières SA (Regional Securities Exchange SA) or BRVM. The awards were ranked in terms of market capitalization, revenue and profit.

Mr. Chris Bishop, Managing Editor Forbes Africa before presenting the awards to the top five companies said “All too often the lists of the world have overlooked the success of African companies. Nights like this show how important successful African companies are in the progress of the world economy.”

According to organisers, the Forbes Africa Top Listed West African Companies celebrates the success of risk takers and job creators. It is an important initiative that aims to encourage organisations to strive for sustained excellence and also promote their profiles not only in their home country but around the world.

Impressively, 20 Nigerian companies made it to the list of Top 25 companies in West Africa. They include:

• Dangote Cement

• Zenith Bank PLC

• Ecobank Transnational Incorporated

• Nigerian Breweries Plc

• First Bank Plc

• Guaranty Trust Bank Plc

• United Bank for Africa

• Guinness Nigeria

• Nestlé Nigeria

• Access Bank

• Flour Mills Nigeria

• Union Bank of Nigeria

• Stanbic IBTC

• First City Monument Bank

• Lafarge Cement WAPCO

• Total Nigeria

• Unilever Nigeria

• PZ Cussions

• UACN

• Cadbury Nigeria Plc

According to Forbes, Nigeria has 20 of the best 25 companies in West Africa. What do you think about this?

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