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NGX Sector

Industrial Goods stocks on the Nigerian Exchange

Cement, paint, packaging and building materials — the infrastructure plumbing of the NGX.

Stocks in Sector
12
Listed on the NGX
Combined Market Cap
₦28.67T
Sum across constituents
Average Daily Change
-0.13%
Sector mean today
Sector Leader
AUSTINLAZ
+9.98% today

Top Gainers

AUSTINLAZAustin Laz & Company Plc
+9.98%
DANGCEMDangote Cement Plc
+0.00%
BUACEMENTBUA Cement Plc
+0.00%

Top Losers

CUTIXCutix Plc
-8.29%
WAPCOLafarge Africa Plc
-3.26%
VANLEERVan Leer Containers Nigeri
+0.00%

All Industrial Goods stocks on the NGX

TickerPriceChangeVolumeMarket Cap
DANGCEM
Dangote Cement Plc
₦810.00 +0.00% 425,153 ₦13.67T
BUACEMENT
BUA Cement Plc
₦326.70 +0.00% 1,765,209 ₦11.06T
WAPCO
Lafarge Africa Plc
₦216.70 -3.26% 7,323,976 ₦3.49T
BETAGLAS
Beta Glass Plc
₦498.50 +0.00% 259,501 ₦299.08B
CAP
CAP Plc
₦99.00 +0.00% 309,331 ₦80.66B
CUTIX
Cutix Plc
₦3.21 -8.29% 9,329,731 ₦22.62B
BERGER
Berger Paints Nigeria Plc
₦75.90 +0.00% 157,510 ₦22.00B
MEYER
Meyer Plc
₦18.65 +0.00% 151,271 ₦9.91B
AUSTINLAZ
Austin Laz & Company Plc
₦4.41 +9.98% 1,685,575 ₦4.76B
PREMPAINTS
Premier Paints Plc
₦37.50 +0.00% ₦4.61B
TRIPPLEG
Triple Gee & Company Plc
₦4.26 +0.00% 330,637 ₦4.22B
VANLEER
Van Leer Containers Nigeria Plc
₦5.45 +0.00% ₦232.4M

About Industrial Goods on the NGX

Industrial Goods is dominated by three cement majors — Dangote Cement, BUA Cement and Lafarge Africa (WAPCO) — which together account for the bulk of the sector's market cap. Around them sit paint makers (Berger Paints, Premier Paints, Meyer), packaging (Beta Glass, Greif Nigeria), and a small base of metals and building product names.

The sector's earnings power is a function of three variables: cement volumes (tied to housing, road and infrastructure spend), energy costs (gas and coal feed the kilns), and FX availability (gas is partly dollar-denominated). Government infrastructure programmes and a multi-year housing deficit underpin long-run demand, while ECOWAS export volumes from Dangote and BUA give the cement makers earnings outside Nigeria. Industrial Goods stocks are usually steady-yield names — high dividends, large free float, and sensitive to election cycles and capex announcements.

Frequently asked questions

Who are the top cement companies on the NGX?
Dangote Cement is the largest by capacity and market cap, followed by BUA Cement and Lafarge Africa (WAPCO). Together they represent the bulk of cement production in West Africa.
Are Nigerian cement stocks good for dividends?
Yes — Dangote Cement and BUA Cement have historically been consistent dividend payers, with yields often in the 5–10% range, supported by high margins and stable cash flow.
What other industrial stocks are on the NGX besides cement?
The sector also includes paint companies (Berger Paints, Premier Paints, Meyer), packaging firms (Beta Glass, Greif), and a handful of building materials and metals names.