9 handpicked stocks

Lagos Investment Opportunities: Could Growth Pay Off?

Lagos is experiencing rapid urban expansion, creating a dynamic market driven by a growing middle class and significant infrastructure development. This basket offers potential exposure to US and EU-listed companies in construction, digital services, and consumer goods that may benefit from the city's economic vitality.

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Author avatar

Han Tan | Market Analyst

Published on September 12

Top Picks from This Group

Here are a few of the assets in this group. Create an account to unlock the full list.

IHS

IHS HOLDING LTD

IHS

Current price

$7.61

AMT

American Tower Corporation

AMT

Current price

$195.08

DEO

Diageo plc

DEO

Current price

$101.72

12 Month Growth Potential

Use the growth calculator to see how much investing in these assets could return over one year, based on aggregated analyst sentiment provided by Refinitive Ltd.

If you invested across these assets:

In 12 months it might be worth:

$1,000.00

+25.59%

About This Group of Stocks

1

Our Expert Thinking

Lagos is Africa's fastest-growing commercial hub, driving unprecedented demand for infrastructure, digital services, and consumer goods. We've identified global companies positioned to benefit from this urban transformation, offering exposure to one of the world's most dynamic growth stories through established international players.

2

What You Need to Know

This group focuses on multinational corporations with significant operations or exposure to Lagos's expanding economy. These companies span telecommunications infrastructure, consumer brands, logistics, and financial services - all essential sectors supporting the city's rapid development and growing middle-class population.

3

Why These Stocks

Each company was handpicked by professional analysts for their strategic positioning in Lagos's growth trajectory. These established global firms provide essential goods and services to Nigeria's commercial powerhouse, offering investors a way to participate in African urbanisation through well-regulated international markets.

Group Performance Snapshot

25.59%

Average 12 Month Profit

On average, analysts expect assets in this group to grow 25.59% over the next year.

4 of 4

Stocks Rated Buy by Analysts

4 of 4 assets in this group are rated Buy by professional analysts.

Source: Analyst sentiment is provided by Refinitiv Ltd, a global leader in financial market data with over 40k business clients. Refinitiv Ltd is an independent third party to Nemo. This is not advice.

Why You'll Want to Watch These Stocks

🚀

Africa's Growth Engine

Lagos is one of the world's fastest-growing megacities, creating massive opportunities for companies providing essential infrastructure and services. This urban boom is just getting started.

💰

Rising Middle Class Power

Nigeria's expanding middle class is driving unprecedented demand for consumer goods, digital services, and modern infrastructure. These global companies are perfectly positioned to benefit.

🏗️

Infrastructure Investment Wave

Massive infrastructure projects are transforming Lagos into a modern commercial hub. The companies in this group are key players in telecommunications, construction, and logistics powering this transformation.

Get the full story on this Basket. Read our detailed article on its risks and potential.

Read Full Insight

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