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The 30 largest corporate groups and holding companies in Lagos

Tamtam tracks 36 corporate groups and holding companies headquartered in Lagos. This list ranks the 30 largest by number of employees on LinkedIn, led by Dangote Industries Limited, Ecobank Nigeria and Stanbic IBTC. Their median headcount is 836. Half of them were founded in 1988 or later.

馃嚦馃嚞 Lagos30 companiesUpdated Nov 11, 2026

These corporate groups and holding companies in Lagos include a significant number of large financial services firms. Ecobank Nigeria and Stanbic IBTC are banking institutions, while Leadway offers non-banking financial services like insurance and asset management. The list also features industrial conglomerates such as Dangote Industries Limited, a diversified business conglomerate providing essential products, and Nigerian Breweries Plc, a brewing firm.

A notable characteristic of these companies is their focus on core sectors of the Nigerian economy. Financial services and manufacturing are prominent, with several companies like FCMB Group and African Industries Group playing key roles. The presence of oil and gas companies such as Sahara Group and Seplat Energy Plc further highlights the diverse yet strategic economic activities concentrated in Lagos.

#CompanyIndustryHeadquarters EmployeesFounded
1
Dangote Industries Limitedlinkbio.co

Diversified business conglomerate in Nigeria offering essential products like cement, sugar, flour, pasta, noodles, packaging materials, and salt refining

Consumer Goods 馃嚦馃嚞 Lagos 11,407 1978
2
Ecobank Nigeriaecobank.com

A regional banking institution in West Africa established to fill a vacuum left by foreign and state-owned banks, focusing on African private sector ownership

Financial Services 馃嚦馃嚞 Lagos 7,124 n/a
3
Stanbic IBTCstanbicibtc.com

A financial institution offering a wide range of services with over 200 locations nationwide, licensed by the Central Bank of Nigeria

Financial Services 馃嚦馃嚞 Lagos 7,013 n/a
4
Nigerian Breweries Plcnbplc.com

pioneer largest brewing firm; produces markets beverages including lagers malt drinks from 11 breweries 2 malting plants across Nigeria

Food and Beverage Services 馃嚦馃嚞 Lagos 5,982 1946
5
Leadwayone.leadway.com

Provider of non-banking financial services in Nigeria, offering insurance, pension, health management, asset management, and other specialized financial solutions to individuals and corporations

Financial Services 馃嚦馃嚞 Lagos 5,310 1970
6
FCMB Groupfcmbgroup.com

A financial services holding group with strategic interests in banking, consumer finance, investment management, investment banking, and financial technology

Financial Services 馃嚦馃嚞 Lagos 2,647 n/a
7
Sahara Groupsahara-group.com

A leading international conglomerate in energy and infrastructure, with operations in over 42 countries, focusing on power generation, distribution, and sustainability

Oil and Gas 馃嚦馃嚞 Lagos 1,857 1996
8
Seplat Energy Plcseplatenergy.com

Leading indigenous energy player in Nigeria listed on LSE and NSE, focusing on growth through divestment opportunities, farm-ins, and licensing rounds

Oil and Gas 馃嚦馃嚞 Lagos 1,636 2009
9
Tropical General Investments (TGI) Groupclicktgi.net

A globally diversified investment group focusing on inclusive, value-added production of consumer goods, agricultural inputs, chemicals, homecare products, and pharmaceuticals

Manufacturing 馃嚦馃嚞 Lagos 1,479 n/a
10
DANGOTE GROUPdangote.com

A diversified business conglomerate in Africa, specializing in manufacturing and refining products such as cement, sugar, salt, flour, and pasta

Renewables & Environment 馃嚦馃嚞 Lagos 1,396 1995
11
Workforce Groupworkforcegroup.com

Consultants in Nigeria providing strategic solutions in areas such as HR, recruitment, training, and technology for organizations in diverse industries

Business Consulting and Services 馃嚦馃嚞 Lagos 1,255 2004
12
BUA Groupbuagroup.com

A prominent Nigerian conglomerate with investments in Foods and Infrastructure sectors, headquartered in Lagos, Nigeria

Manufacturing 馃嚦馃嚞 Lagos 1,193 1988
13
African Industries Groupafricanindustries.com

A diversified conglomerate with 52 years of excellence in manufacturing, contributing to socio-economic growth and development in Nigeria

Manufacturing 馃嚦馃嚞 Lagos 1,148 n/a
14
nahcoaviancenahcoaviance.com

A leading player in ground handling services in Nigeria's aviation industry, with diversified investments in energy, logistics, and Free Trade Zone development

Airlines and Aviation 馃嚦馃嚞 Lagos 1,061 1979
15
SIFAX Groupsifaxgroup.com

An African multinational corporation with diverse operations in maritime, aviation, logistics, oil & gas, and hospitality sectors through various subsidiaries

Maritime 馃嚦馃嚞 Lagos 836 1988

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16
Custodian Investment Plclinktr.ee

A brand in Insurance, Trusteeship, and Pensions sectors, owning flagship subsidiaries approved by regulatory bodies in Nigeria Built on trust

Financial Services 馃嚦馃嚞 Lagos 718 1995
17
MRS Oil Nigeria Plcmrsholdings.com

Aiming to become the top African energy provider, known for its emphasis on people, excellence, and values

Oil and Gas 馃嚦馃嚞 Lagos 681 1995
18
C&I Leasing Plcc-ileasing.com

A leading provider of equipment leasing, fleet management, personnel outsourcing, and marine services, with operations in Nigeria, UAE, and Ghana

Outsourcing and Offshoring Consulting 馃嚦馃嚞 Lagos 657 1990
19
Matrix Energymatrixenergygroup.com

A leading integrated oil marketing and trading business based in Nigeria, with a growing presence in the downstream and logistics sector

Oil and Gas 馃嚦馃嚞 Lagos 643 2004
20
Royal Exchange Plcroyalexchangeplc.com

Established in 1921, the organization provides insurance, asset management, healthcare, and financial services through its subsidiaries in Nigeria

Insurance 馃嚦馃嚞 Lagos 544 1921
21
Fareast Mercantile Co Ltdfmclgrp.com

Leading group in Africa with a diverse portfolio of food, FMCG, and appliance brands, distributing products to cater to African consumers' needs

Transportation, Logistics, Supply Chain and Storage 馃嚦馃嚞 Lagos 476 1890
22
Alpha Mead Groupalphamead.com

Provider of complete real estate solutions across 10+ African countries, certified to ISO 9001:2015 standards by UKAS for quality assurance

Real Estate 馃嚦馃嚞 Lagos 456 2006
23
Tangerine Africatangerine.africa

Financially secure future is their goal Offering early access through their website for individuals seeking financial stability

Financial Services 馃嚦馃嚞 Lagos 455 2019
24
May & Baker Nigeria Plc.may-bakerng.com

Nigeria's pioneer pharmaceutical business established in 1944, dedicated to enhancing quality of life for individuals at all stages

Pharmaceutical Manufacturing 馃嚦馃嚞 Lagos 418 1944
25
NEM Insurance PLCnem-insurance.com

A leading provider of non-life insurance solutions in Nigeria and the West African sub region, offering a wide range of products and services to safeguard assets

Insurance 馃嚦馃嚞 Lagos 400 1948
26
Orange Grouporangegroups.com

Innovative FMCG in West Africa with a focus on pharmaceuticals, beverages, personal care, and fast moving consumer goods

Pharmaceutical Manufacturing 馃嚦馃嚞 Lagos 399 1988
27
ELALAN Construction Company Nigeria Ltd.elalan.com

A passionate industry leader dedicated to providing exceptional products and services, setting standards for quality, innovation, and exceeding customer expectations

Construction 馃嚦馃嚞 Lagos 385 1982
28
Consolidated Hallmark Insurance Plcchiplc.com

Licensed insurer listed on Nigerian Stock Exchange with experienced board of directors from oil, manufacturing, and financial services sectors

Insurance 馃嚦馃嚞 Lagos 358 n/a
29
Deekay Groupdeekaygroup.com

A leading importer of various finished goods into Nigeria with a rich legacy, offering a diverse portfolio and ensuring timely sourcing and quality

Manufacturing 馃嚦馃嚞 Lagos 352 1972
30
SUJIMOTO GROUPsujimotonig.com

Specializing in luxury real estate development, offering construction services, facility management, and integrated solutions with a focus on excellence and innovative methods

Real Estate 馃嚦馃嚞 Lagos 341 n/a

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How this list is built

Every company on this list has a Tamtam company profile. The industry is the one the company gives on LinkedIn; categories such as SaaS or fintech are classified by Tamtam's AI from the company's website and LinkedIn page; and the headquarters city must match the company's own address. Companies are ranked by the number of employees on LinkedIn, and the list is refreshed every night. Classifications can be wrong, so treat the list as a starting point rather than an official ranking. Last updated Nov 11, 2026.

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