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NGX Market Cap Crosses 100 Trillion Naira Threshold - Business - Nairaland

Nairaland ForumNairaland GeneralBusinessNGX Market Cap Crosses 100 Trillion Naira Threshold (4972 Views)

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NGX Market Cap Crosses 100 Trillion Naira Threshold by blamingthedevil(op): 5:09pm On Jan 05
BREAKING NEWS: NGX MARKET CAP CROSSES 100 TRILLION NAIRA THRESHOLD


source

Re: NGX Market Cap Crosses 100 Trillion Naira Threshold by HacheNoire: 5:13pm On Jan 05
🔥🔥🔥🔥🔥🔥🔥


I am not surprised. I was definitely certain that the trajectory of Tinubu’s policy’s were bound to yield immense profit and positive goals!
Re: NGX Market Cap Crosses 100 Trillion Naira Threshold by ElSudani: 5:25pm On Jan 05
Follow who knows the road, not some guy who couldn't articulate his own policies.
Re: NGX Market Cap Crosses 100 Trillion Naira Threshold by lionshare: 5:35pm On Jan 05
2026 tinubull continues smiley
Re: NGX Market Cap Crosses 100 Trillion Naira Threshold by Richtaiwo(m): 5:39pm On Jan 05
They will tell us this is
Re: NGX Market Cap Crosses 100 Trillion Naira Threshold by Putinofrussia: 5:50pm On Jan 05
Great..
Re: NGX Market Cap Crosses 100 Trillion Naira Threshold by Streetinvestor2: 6:33pm On Jan 05
It won't erase his drug dealing,certificate forgery, human rights abuses. Trump is so close. Is the country not still a disgraced nation under his watch
Re: NGX Market Cap Crosses 100 Trillion Naira Threshold by Image123(m): 6:57pm On Jan 05
The Jagaban. Loud it guys. And we should leave this to vote rubbish?

Re: NGX Market Cap Crosses 100 Trillion Naira Threshold by muykem: 6:58pm On Jan 05
Some who understand economy to the core. This is not container economy.
Re: NGX Market Cap Crosses 100 Trillion Naira Threshold by Jeshurun101: 6:58pm On Jan 05
Some wont like thia news. They can even debunk it. But when bad or negative news pop up, they are quick to believe it and even be happy.
Re: NGX Market Cap Crosses 100 Trillion Naira Threshold by Emmy000seun(m): 6:58pm On Jan 05
Lol...😂😂una always find something to masturbate on..tell me what Dix has translate to the life of the common man..still den go still borrow loan
blamingthedevil:
BREAKING NEWS: NGX MARKET CAP CROSSES 100 TRILLION NAIRA THRESHOLD


source
Re: NGX Market Cap Crosses 100 Trillion Naira Threshold by free2ryhme: 6:59pm On Jan 05
blamingthedevil:
BREAKING NEWS: NGX MARKET CAP CROSSES 100 TRILLION NAIRA THRESHOLD


source
how much did tax swallow
Re: NGX Market Cap Crosses 100 Trillion Naira Threshold by Abaziaka: 6:59pm On Jan 05
Jagaban for a reason
We believe and we pray that it comes sooner than later
Re: NGX Market Cap Crosses 100 Trillion Naira Threshold by richeeyo(m): 7:06pm On Jan 05
Naso one mad dog go dey shout China China China
Re: NGX Market Cap Crosses 100 Trillion Naira Threshold by Toosure70: 7:11pm On Jan 05
I dont understand the news, please explain for me
Re: NGX Market Cap Crosses 100 Trillion Naira Threshold by tunjijones(m): 7:12pm On Jan 05
Please what does this mean to Nigerians?
Re: NGX Market Cap Crosses 100 Trillion Naira Threshold by tunjijones(m): 7:13pm On Jan 05
Toosure70:
I dont understand the news, please explain for me
I swear. This makes no sense to me.
Re: NGX Market Cap Crosses 100 Trillion Naira Threshold by AWONEYAN(m): 7:18pm On Jan 05
I want read how Obi will react to this...
A new Nigeria is already being BAT
Re: NGX Market Cap Crosses 100 Trillion Naira Threshold by Ojoboak(m): 7:21pm On Jan 05
I challenged a colleague in a discussion sometime ago. I said when NBS released inflation figure of 34.8%, you all jumped and celebrate. Now that the figure is 14.45% you are now saying it is not true. Are you really sure you are okay?
We ended almost in a fiasco.
In this country pick the opportunities and work on it. Your bank balances or networth tells the story.
Tony Elumelu closed the deal on Seplat $500million and Ote$ dropped controlling share in Geregu for $750million.
The choice definitely yours. Selah
Re: NGX Market Cap Crosses 100 Trillion Naira Threshold by PlushyRealtor: 7:25pm On Jan 05
What does “NGX Market Cap crosses ₦100 trillion” mean?
NGX = Nigerian Exchange (the Nigerian stock market)
Market Capitalization (Market Cap) = the total value of all companies listed on the stock exchange
So when people say:
“NGX Market Cap has crossed ₦100 trillion”
It means:
👉 If you add up the value of every company listed on the Nigerian stock market, the total is now over ₦100 trillion.
How is market cap calculated? (Very simple)
For each company:
Share price × Total number of shares = Company value
Then:
All company values combined = NGX Market Cap
Why is this important?
It shows the stock market is growing
Companies’ share prices have gone up
Or new big companies joined the market
It reflects inflation & naira devaluation
Because the naira has weakened, asset prices (shares) look higher in naira terms
So part of this growth is nominal, not pure wealth creation
Investors are moving money into stocks
People prefer stocks to cash because cash is losing value
Big investors (local & foreign) are hedging against inflation
Does it mean Nigerians are suddenly richer?
❌ Not necessarily
The economy is still under pressure
Many people are struggling
A lot of the increase is:
Inflation-driven
Currency-driven
Concentrated in a few big companies (banks, cement, telecoms)
Simple analogy
Imagine you own land bought for ₦5 million in 2015.
Today, because of inflation, it’s worth ₦30 million.
👉 You didn’t add new land
👉 The value just adjusted to inflation
That’s similar to what’s happening in the stock market.
Re: NGX Market Cap Crosses 100 Trillion Naira Threshold by CHRISSANCHEZ(m): 7:32pm On Jan 05
" Na Statistics we go Chop"

cheesy cool
Re: NGX Market Cap Crosses 100 Trillion Naira Threshold by ZombieDredd: 7:40pm On Jan 05
Agbado people and illiteracy.

Why are they rejoicing because of market cap?

Oh God of heaven
Re: NGX Market Cap Crosses 100 Trillion Naira Threshold by ZombieDredd: 7:44pm On Jan 05
AWONEYAN:
I want read how Obi will react to this...
A new Nigeria is already being BAT
Walai they need to check you lots well if all is okay
Re: NGX Market Cap Crosses 100 Trillion Naira Threshold by BlackRains: 7:46pm On Jan 05
What's the value in dollars?.... If you compare the value in dollars you'll know it's not a better record compared to other years.
Re: NGX Market Cap Crosses 100 Trillion Naira Threshold by sonnie10: 7:47pm On Jan 05
tunjijones:
Please what does this mean to Nigerians?
It means if them selll all the companies in Nigeria with the title PLC including the banks and telecommunications, it is wort only 100 trillion naira.
This excludes the average one man companies and 2x2 shops
So in dollar terms, the total is about $690b.
Na this kind people want to flex muscles with US . One company alone like Nividia in the US is worth $5trillion . And there so many in that trillion range in the US.
Re: NGX Market Cap Crosses 100 Trillion Naira Threshold by maclatunji: 7:48pm On Jan 05
Huge milestone. It could reach N150 trillion before the end of the year. Very optimistic about the country's economic prospects.
Re: NGX Market Cap Crosses 100 Trillion Naira Threshold by Rilwayne001: 7:51pm On Jan 05
ZombieDredd:
Agbado people and illiteracy.

Why are they rejoicing because of market cap?

Oh God of heaven
Growth Market cap shows the economy is growing as more investors now has confidence in the market and investing.
Re: NGX Market Cap Crosses 100 Trillion Naira Threshold by sonnie10: 7:56pm On Jan 05
Rilwayne001:
Growth Market cap shows the economy is growing as more investors now has confidence in the market and investing.
This is not true. If you check the dollar value now and when dollar was below 200 naira , you will notice that barely any improvement has been made
Re: NGX Market Cap Crosses 100 Trillion Naira Threshold by ppogba: 7:59pm On Jan 05
Toosure70:
I dont understand the news, please explain for me
Butter no be monkey food na.
Re: NGX Market Cap Crosses 100 Trillion Naira Threshold by Oliver14(m): 8:14pm On Jan 05
sonnie10:
It means if them selll all the companies in Nigeria with the title PLC including the banks and telecommunications, it is wort only 100 trillion naira.
This excludes the average one man companies and 2x2 shops
So in dollar terms, the total is about $690b.
Na this kind people want to flex muscles with US . One company alone like Nividia in the US is worth $5trillion . And there so many in that trillion range in the US.
calm down bro. Little by little we will get there. grin grin grin
Re: NGX Market Cap Crosses 100 Trillion Naira Threshold by grandstar(m): 8:20pm On Jan 05
PlushyRealtor:
What does “NGX Market Cap crosses ₦100 trillion” mean?
NGX = Nigerian Exchange (the Nigerian stock market)
Market Capitalization (Market Cap) = the total value of all companies listed on the stock exchange
So when people say:
“NGX Market Cap has crossed ₦100 trillion”
It means:
👉 If you add up the value of every company listed on the Nigerian stock market, the total is now over ₦100 trillion.
How is market cap calculated? (Very simple)
For each company:
Share price × Total number of shares = Company value
Then:
All company values combined = NGX Market Cap
Why is this important?
It shows the stock market is growing
Companies’ share prices have gone up
Or new big companies joined the market
It reflects inflation & naira devaluation
Because the naira has weakened, asset prices (shares) look higher in naira terms
So part of this growth is nominal, not pure wealth creation
Investors are moving money into stocks
People prefer stocks to cash because cash is losing value
Big investors (local & foreign) are hedging against inflation
Does it mean Nigerians are suddenly richer?
❌ Not necessarily
The economy is still under pressure
Many people are struggling
A lot of the increase is:
Inflation-driven
Currency-driven
Concentrated in a few big companies (banks, cement, telecoms)
Simple analogy
Imagine you own land bought for ₦5 million in 2015.
Today, because of inflation, it’s worth ₦30 million.
👉 You didn’t add new land
👉 The value just adjusted to inflation
That’s similar to what’s happening in the stock market.
I like the A B C way you handled this.
Re: NGX Market Cap Crosses 100 Trillion Naira Threshold by nedu666: 8:22pm On Jan 05
Is this suppose to be news. Today its 100 million, tomorrow if companies don't post good results or give dividend. It will depreciate. Moreover less than 300k persons are active in the market so it has no impact on the lives of 99% of Nigerians
1 2 Reply

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