As one of the largest economies in Africa, Nigeria has given rise to numerous multinational companies that have expanded their footprint across the continent.
These Nigerian giants have not only contributed significantly to the country’s economy but have also positioned themselves as key players in Africa’s business landscape.
From oil and gas to telecommunications and banking, Nigerian firms are making their mark, influencing markets, creating jobs, and contributing to economic development in various African countries.
In this article, we take a closer look at some of the Nigerian multinational companies with the most substantial presence across Africa. These companies have built strong brands, established extensive networks, and adapted to diverse markets, further establishing Nigeria’s role as a business hub in Africa.
Here’s a glimpse into the Nigerian multinationals leading the charge in the African business world.
Access Bank Plc has grown from a relatively unknown Nigerian bank into one of Africa’s leading financial institutions over the past 26 years. As one of Nigeria’s five largest banks by assets, loans, deposits, and branch network, it has built a strong reputation for delivering innovative financial solutions across corporate, business, and personal banking.
- A wholly owned subsidiary of Access Holdings Plc, the bank operates more than 700 branches and service outlets across three continents, serving 60 million customers in 24 markets.
- It has subsidiaries across sub-Saharan Africa, a branch in Dubai, and representative offices in China, Lebanon, and India.
- Employing approximately 28,000 people, Access Bank continues to expand its global reach while maintaining a strong presence in Nigeria.
Listed on the Nigerian Stock Exchange since 1998, Access Holdings Plc has over 900,000 shareholders and a market capitalization of N1.4 trillion. The bank’s transformation began 23 years ago when Aigboje Aig-Imoukhuede and the late Herbert Wigwe acquired it, alongside key executives like Roosevelt Ogbonna from Guaranty Trust Bank. Their leadership reshaped Access Bank into a powerhouse in African banking, driving its continued expansion and innovation.
