Neveah Limited Ranks 21st on Financial Times 2025 List of Africa’s Fastest-Growing Companies

Folalumi Alaran in Abuja

*Neveah Limited, a leading player in Nigeria’s export and commodity trading sector, has been ranked *21st on the *Financial Times 2025 list of Africa’s Fastest-Growing Companies, securing the *top position in the Metals and Mining category. The recognition is widely seen as a testament to the firm’s resilience, strategic foresight, and unwavering commitment to innovation despite prevailing economic headwinds.

The annual Financial Times ranking, compiled in partnership with Statista, showcases private sector companies driving high-impact growth across Africa. Neveah’s emergence on the list—particularly its number-one ranking in its industry category—positions it as a standout success story within Nigeria’s evolving non-oil export landscape.

Founded with a vision to elevate Africa’s presence in global trade, Neveah has demonstrated exceptional year-on-year growth, even amid Nigeria’s ongoing macroeconomic challenges. Currency volatility, inflationary pressures, and policy uncertainty have all tested the resolve of local enterprises, but Neveah has not only weathered these storms—it has thrived.

A key part of the company’s growth trajectory is its bold investment in a multi-billion naira aluminum and copper recycling plant, a landmark project aimed at boosting sustainable industrial output. The facility, which integrates circular economy principles, reflects Neveah’s commitment to environmental stewardship, job creation, and value addition within the country’s metals sector.

“This recognition by the Financial Times is a powerful validation of our journey. It reflects not just our growth, but our grit,” said Ibidapo Lawal, Chief Executive Officer of Neveah Limited. “We are proud of what we’ve achieved, but even more excited about what lies ahead. Our mission remains clear: to build a globally competitive African enterprise that delivers value, empowers communities, and champions sustainability.”

Industry analysts have praised the company’s ability to scale operations while upholding strong governance structures and a strategic focus on value chain development. The firm’s steady expansion into international markets has also reinforced its role as a major contributor to Nigeria’s non-oil export revenues.

In an economy still grappling with over-reliance on crude oil, Neveah’s success offers a compelling narrative of diversification. The company’s focus on commodities like aluminum and copper—coupled with its drive for innovation—has helped position Nigeria more favorably in global trade discussions.

Stakeholders in the export community and environmental sectors have lauded Neveah’s inclusion in the Financial Times ranking, viewing it as a signal that Nigerian companies can achieve global relevance through sound strategy, innovation, and operational excellence.

As Neveah charts its next phase of growth, it remains committed to pushing boundaries in industrial transformation, sustainability, and inclusive growth—showing that African businesses, even amid structural challenges, can lead and define their future on the world stage.