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Top 25 Worst Companies in Nigeria

Identify the lowest-scoring most renowned companies in Nigeria. Understand where critical cyber risk exposure exists in this country. 19 companies scored.

156
Companies in Nigeria
19
Scored
760.9
Avg Score
1
Cyber Incidents
Bottom 19
Shown

Nigeria Cybersecurity Risk Assessment - Lowest-Scoring Companies in 2026

Out of 156 companies in Nigeria monitored by Rankiteo, this page highlights the Bottom 19 organizations with the weakest cybersecurity posture. These rankings are based on our proprietary Cyber Resilience Score, which integrates time-decayed incident exposure, sector-sensitive impact analysis, and market-cap-aware baseline and dampening to produce a single, interpretable score between 100 and 1,000.

Companies at the bottom of this ranking carry the heaviest accumulated cyber incident burden - including recent or severe ransomware attacks, data breaches with significant financial losses or records exposed, and repeated disclosure events. Understanding where these risk concentrations exist is essential for supply chain risk management, regulatory compliance, and competitive benchmarking within Nigeria.

The current average score for the most notable companies in Nigeria is 760.9 out of 1,000. Companies shown below score significantly lower than this average, falling far behind a country that generally maintains reasonable security standards.

Risk Highlights

780
Lowest Score
760.9
Country Average
0%
Scoring B or Below
1
Recorded Incidents

Score Distribution

Aaa
0 (0.0%)
Aa
0 (0.0%)
A
0 (0.0%)
Baa
18 (94.7%)
Ba
1 (5.3%)
B
0 (0.0%)
Caa
0 (0.0%)
Ca
0 (0.0%)
C
0 (0.0%)
#CompanyLabelScoreBandIncidentsScore Bar
1
LEKOIL Limitedlekoil.com
Oil and Gas Extraction745Ba0
2
Babalakin & Cobabalakinandco.com
-751Baa0
3
Estate Intelestateintel.com
Others753Baa0
4
Olaniwun Ajayiolaniwunajayi.net
Legal Services753Baa0
5
Sparkle Nigeriasparkle.ng
Finance and Insurance753Baa0
6
Technology jobs updatef1dm.com
-754Baa1
7
ipNX Nigeria Limitedipnxnigeria.net
Computer Systems Design and Related Services754Baa0
8
Chartered Institute of Personnel Management of Nigeria CIPM (Official LinkedIn Account)cipmnigeria.org
Others757Baa0
9
Arik Airarikair.com
Air Transportation758Baa0
10
Cyber Security Experts Association of Nigeria (CSEAN)csean.org.ng
Others760Baa0
11
Etisalat Nigeriaetisalat.com.ng
Telecommunications760Baa0
12
Federal Ministry of Finance, Nigeriafinance.gov.ng
Public Administration762Baa0
13
Keystone Bank Limitedlinktr.ee
Commercial Banking764Baa0
14
Central Bank of Nigeriacbn.gov.ng
Commercial Banking765Baa0
15
Nnamdi Azikiwe Universityunizik.edu.ng
-768Baa0
16
University of Nigeria, Nsukkaunn.edu.ng
Others770Baa0
17
First City Monument Bank Limitedfcmb.com
Commercial Banking771Baa0
18
MTN Nigeriahttps://mtn.ng
Telecommunications779Baa0
19
Guaranty Trustgtbank.com
Finance and Insurance780Baa0

How Cyber Risk Scores Are Calculated

Rankiteo's Cyber Resilience Score produces a single value between 100 and 1,000 for each organization, where higher scores indicate lower estimated cyber risk. The framework integrates three principal components that together balance evidence, context, and comparability across industries and company sizes. Learn more in our AI Cyber Score methodology.

Understanding the Risk Bands

Each score maps to a letter-grade band. Companies appearing in this lowest-scoring ranking typically fall in the bottom bands:

  • Aaa (900-1,000): Exceptional cyber resilience - very few companies in a worst list reach this level.
  • Aa (800-899): Very strong security posture with minimal weaknesses.
  • A (700-799): Strong practices with some areas for improvement.
  • Baa (600-699): Adequate protection but notable security configuration gaps exist.
  • Ba (500-599): Below average - multiple risk areas require attention.
  • B (400-499): Weak security with significant exposure across categories.
  • Caa (300-399): Very weak with a high probability of exploitable vulnerabilities.
  • Ca (200-299): Critically poor with severe, widespread security gaps.
  • C (0-199): Extreme risk - immediate remediation is needed across all dimensions.

Why Monitoring Low-Scoring Companies in Nigeria Matters

Cybersecurity risk doesn't exist in isolation. If your organization works with, purchases from, or shares data with companies in Nigeria, their security weaknesses become your risk. Supply chain attacks - where adversaries compromise a less-secure vendor to reach a larger target - have become one of the most common and damaging attack vectors in recent years.

Rankiteo continuously monitors 156 companies in Nigeria, keeping these rankings up to date so you always have an accurate, current picture of the country's risk landscape.