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NGX Sector

Conglomerates stocks on the Nigerian Exchange

Diversified holding companies spanning property, food, agriculture, logistics and more.

Stocks in Sector
6
Listed on the NGX
Combined Market Cap
₦1.26T
Sum across constituents
Average Daily Change
-0.61%
Sector mean today
Sector Leader
TRANSCORP
+0.00% today

Top Gainers

TRANSCORPTransnational Corporation
+0.00%
CUSTODIANCustodian Investment Plc
+0.00%
UACNUAC of Nigeria Plc
+0.00%

Top Losers

JOHNHOLTJohn Holt Plc
-3.69%
CHELLARAMChellaram Plc
+0.00%
SCOASCOA Nigeria Plc
+0.00%

All Conglomerates stocks on the NGX

TickerPriceChangeVolumeMarket Cap
TRANSCORP
Transnational Corporation Plc
₦48.00 +0.00% 1,202,058 ₦487.78B
CUSTODIAN
Custodian Investment Plc
₦77.00 +0.00% 1,114,594 ₦452.90B
UACN
UAC of Nigeria Plc
₦99.00 +0.00% 1,457,741 ₦289.69B
SCOA
SCOA Nigeria Plc
₦22.65 +0.00% 58,351 ₦14.72B
CHELLARAM
Chellaram Plc
₦13.20 +0.00% 38,692 ₦9.54B
JOHNHOLT
John Holt Plc
₦18.25 -3.69% 1,150,534 ₦7.10B

About Conglomerates on the NGX

The Conglomerates sector is small in number but unique in profile. UACN is the historical anchor — a holding company with interests in food, paints, logistics, animal feeds and quick-service restaurants. Transcorp is the high-profile name, with assets in power generation (Transcorp Power), hospitality and oil & gas (Transcorp's OPL 281 stake). The remaining names — A.G. Leventis, John Holt, SCOA Nigeria, Chellaram — are legacy trading and distribution houses with long histories on the exchange but smaller market caps.

Conglomerates are typically valued on a sum-of-the-parts basis, with each underlying business carrying its own market multiple. Transcorp's recent demerger of Transcorp Power and Transcorp Hotels into separately listed entities was a textbook example of how value can be unlocked. The sector is a stock-picker's sector — performance varies wildly across names depending on the underlying mix.

Frequently asked questions

What conglomerate stocks are listed on the NGX?
The main names are UACN, Transcorp, A.G. Leventis, John Holt, SCOA Nigeria and Chellaram. Transcorp Power and Transcorp Hotels were demerged from the parent and are listed separately.
How are conglomerates valued?
Conglomerates are typically valued sum-of-the-parts — adding up the market value of each underlying business unit, often with a conglomerate discount. Spin-offs and demergers (like Transcorp Power) can unlock value.
Is Transcorp a good stock?
Transcorp has been one of the most actively traded conglomerates, especially after its acquisition stake in OPL 281 and the listings of Transcorp Power and Transcorp Hotels. Investment merit depends on individual asset valuations — see the Transcorp page for live data.