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NGX Sector

Natural Resources stocks on the Nigerian Exchange

Mining, minerals and the smallest sector on the NGX — a frontier corner of the market.

Stocks in Sector
4
Listed on the NGX
Combined Market Cap
₦37.30B
Sum across constituents
Average Daily Change
+0.00%
Sector mean today
Sector Leader
IMG
+0.00% today

Top Gainers

IMGIndustrial and Medical Gas
+0.00%
MULTIVERSEMultiverse Mining and Expl
+0.00%
ALEXAlex Picot (Nigeria) Plc
+0.00%

Top Losers

THOMASWYThomas Wyatt Nigeria Plc
+0.00%
ALEXAlex Picot (Nigeria) Plc
+0.00%
MULTIVERSEMultiverse Mining and Expl
+0.00%

All Natural Resources stocks on the NGX

TickerPriceChangeVolumeMarket Cap
IMG
Industrial and Medical Gases Nigeria
₦36.00 +0.00% 91,586 ₦26.32B
MULTIVERSE
Multiverse Mining and Exploration Pl
₦16.70 +0.00% 89,144 ₦7.12B
ALEX
Alex Picot (Nigeria) Plc
₦12.60 +0.00% 128,665 ₦2.77B
THOMASWY
Thomas Wyatt Nigeria Plc
₦2.75 +0.00% ₦1.09B

About Natural Resources on the NGX

Natural Resources is the smallest of the NGX sectors by market cap and number of listings. It covers a thin slate of mining, minerals and metals names — Aluminium Extrusion Industries, Multi-Trex Integrated Foods (cocoa processing, classified here historically), and a few small dormant or near-dormant counters.

The sector is more of a thematic option than a core holding. Nigeria's solid minerals sector has been a perennial "next big thing" promised by successive administrations, with limited follow-through in listed equity terms. For most retail investors, the sector is illiquid, low free-float, and shouldn't be relied on for daily trading liquidity. It is worth watching for catalysts around mining sector reform, lithium and rare-earth interest, and any new IPO activity from larger private miners.

Frequently asked questions

What natural resources stocks are listed on the NGX?
The sector is small — listed names include Aluminium Extrusion Industries and Multi-Trex Integrated Foods. Most of Nigeria's solid minerals sector is unlisted.
Is mining a growing sector in Nigeria?
Government policy has talked up Nigeria's mining potential — lithium, gold, iron ore, tin and rare earths — but listed-equity exposure remains limited. Watch for sector reform announcements and any new IPOs from larger private miners.
Are natural resources stocks liquid on the NGX?
Most names in the sector trade infrequently, with thin volumes and wide bid-ask spreads. They are best treated as small thematic positions rather than core trading instruments.