Cash Kings of Corporate Nigeria: Dangote, Seplat, MTN Lead Record-Breaking Reserves Race
Lagos, Nigeria — August 15, 2025 Nigeria’s corporate heavyweights are sitting on unprecedented cash piles, with Dangote Cement, Seplat Energy, MTN Nigeria, and Dangote Sugar topping the list of companies boasting the largest bank balances. While complete first-half 2025 figures are still trickling in, market data and company disclosures suggest the cash-hoarding streak of recent