The Central Bank of Nigeria (CBN) last week released its Annual report for the years 2016 and 2017. In addition to reporting about the Bank’s activities, the report also contains information about the top 100 exporters in the country.
Goods valued at $909 million were exported by 100 companies last year. 13 of these companies are listed on the Nigerian Stock Exchange (NSE), indicating that the bourse has its work cut out for it in attracting firms to list.
Here are the highlights of those companies listed on the NSE, the goods they exported and the countries they were exported to. The list is arranged from the lowest in export value to the highest.
Notore Chemical Industries Plc
Notore Chemical Industries Plc exported goods valued at $713,674.00 last year. The goods comprised urea granular fertilizer, granular in bulk, fully refrigerated ammonia which were exported to Brazil, Israel, and Morocco.
GlaxoSmithKline Plc exported $783,618.65 worth of goods last year. They comprise Andrews Liver Salt, Panadol Suspension, and Horlicks, which were exported to Ghana.
Cement Company of Northern Nigeria (CCNN) Plc
Cement Company of Northern Nigeria Plc exported $1,149,996.00 worth of cement to Niamey, Niger Republic.
FTN Cocoa Processors Plc
FTN Cocoa Processors Plc exported $3,987,868.30 worth of cocoa butter to Germany and the United States of America.
Unilever Nigeria Plc
Unilever Nigeria Plc exported $8,130,087.59 worth of Omo and Sunlight detergents to Ghana and Cote D’Ivoire.
Nestle Nigeria Plc
Nestle Nigeria Plc last year exported $8,131,388.48 worth of Maggi seasoning to Ghana, USA, Spain, Mali, Niger and Guinea.
PZ Cussons Nigeria Plc
PZ Cussons Nigeria Plc exported $8,582,770.88 worth of soaps and lotions, beauty care products, Robb ointment and evaporated milk to Ghana, Libya, Congo, Mali, Sudan, Gabon, Togo and Cote D’Ivoire last year.
Cadbury Nigeria Plc
Cadbury Nigeria Plc exported $9,748,332.37 worth of Cocoa Butter, Confectionaries (TomTom), and cocoa cakes to The Netherlands, Ghana, Germany, and Spain.
Okomu Oil Palm Plc
Okomu Oil Palm Plc exported $9,816,233.94 worth of rubber to France, Germany, Italy, Singapore and Finland.
Flour Mills of Nigeria Plc
Flour Mills of Nigeria Plc exported $11,147,700.13 worth of recycled polypropylene black, wheat bran pellets, Nigerian dried raw cashew nuts in the shell, axially plastic PVC valve bags to the United States of America, Morocco and Vietnam.
Beta Glass Plc
Beta Glass Plc exported $14,134,987.98 worth of glass bottles to Ghana, Cape Verde, Liberia and Sierra Leone.
Guinness Nigeria Plc
Guinness Nigeria Plc exported $15,060,692.26 worth of Guinness and Malta Guinness to the United Kingdom, Ghana and Cameroon.
Dangote Cement Plc
Dangote Cement exported $21,496,930.52 worth of cement to Niamey, Niger Republic, Ghana, and Togo.