The top 10 Nigerian companies with the largest cash holdings ended the first half of 2025 with a combined total of N2.31 trillion in the bank.
This represents a 30.9% increase from the N1.7 trillion collectively reported by the same set of companies a year earlier.
Cash in the bank refers to funds a company can access immediately, whether held in bank accounts or short-term deposits.
It serves as a clear indicator of a company’s capacity to quickly meet its obligations, invest in growth opportunities, or withstand unexpected shocks.
In corporate reporting, this is reflected under ‘cash and cash equivalents’ on the balance sheet, covering not only actual cash but also near-cash investments that can be converted into liquid funds within a few months.
For this report, we highlight the 10 Nigerian companies with the highest cash and cash equivalent positions in H1 2025.
Here they are:
Presco claims the 9th spot after a remarkable jump in cash balances to N97.6 billion from N31.4 billion just six months earlier.
Current assets rose 64% to N279.8 billion, against current liabilities of N204.8 billion, and inventories of N69.9 billion, translating into a quick ratio of 1.02.
Stronger fundamentals carried through to profitability, with operating profit jumping to N129.7 billion (up 138.3%) and pretax profit more than doubling to N111.8 billion in H1 2025.
The company generated N56 billion in net cash from operating activities during the period, slightly lower than the N63 billion recorded in the previous year.
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