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24 Nigerian Companies Are Now Worth Over N1 Trillion On The Stock Market - Investment - Nairaland

Nairaland ForumNairaland GeneralInvestment24 Nigerian Companies Are Now Worth Over N1 Trillion On The Stock Market (11770 Views)

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24 Nigerian Companies Are Now Worth Over N1 Trillion On The Stock Market by DrMB(op): 9:16am On Mar 16
Is Nigeria’s economy outperforming its politics, or is the new political landscape driving this growth? 🇳🇬
While the APC has officially secured 100% control across the South-South, North-Central, and North-West zones as of March 2026, the Nigeria Exchange (NGX) is telling an even bigger story. We now have 24 companies worth over N1 Trillion. From Airtel Africa leading at N23.6trn to Wema Bank joining the "Trillionaire Club," the corporate landscape is shifting fast.
With the map turning blue (APC) and the stock market turning green, where do you see the most opportunity for Nigeria in 2026? 👇

24 Nigerian companies are now worth over N1 trillion on the stock market (2025)

1. Airtel Africa Plc: N23.60trn
2. MTN Nigeria Communications Plc: N16.31trn
3. BUA Foods Plc: N14.36trn
4. Dangote Cement Plc: N13.57trn
5. BUA Cement Plc: N8.37trn
6. Aradel Holdings Plc: N5.82trn
7. Seplat Energy Plc: N5.07trn
8. Guaranty Trust Holding Company Plc: N4.29trn
9. Zenith Bank Plc: N3.83trn
10. Lafarge Africa Plc: N3.29trn
11. Geregu Power Plc: N2.85trn
12. Nestlé Nigeria Plc: N2.58trn
13. International Breweries Plc: N2.52trn
14. Presco Plc: N2.43trn
15. Nigerian Breweries Plc: N2.42trn
16. Transcorp Power Plc: N2.30trn
17. First HoldCo Plc: N2.22trn
18. Stanbic IBTC Holdings Plc: N2.08trn
19. Transcorp Hotels Plc: N2.08trn
20. United Bank for Africa Plc: N2.03trn
21. Okomu Oil Palm Company Plc: N1.68trn
22. Access Holdings Plc: N1.29trn
23. Ecobank Transnational Incorporated: N1.09trn
24. Wema Bank Plc: N1.03trn

<Stock Analysis, TheCableIndex>
#TheCableIndex
Source

Re: 24 Nigerian Companies Are Now Worth Over N1 Trillion On The Stock Market by Afrobasic(m): 4:43pm On Mar 16
Why not? When you devalue the currency more companies become trillion naira companies.

This is all semantics by the way. Just like saying Zimbabwean companies are septilion Zimbabwean dollar companies.

You can only fool the foolish. angry
Re: 24 Nigerian Companies Are Now Worth Over N1 Trillion On The Stock Market by sheedy407(m): 4:44pm On Mar 16
I don't believe this especially Okomu Palm Oil Company
Re: 24 Nigerian Companies Are Now Worth Over N1 Trillion On The Stock Market by nairalanda1(m): 4:45pm On Mar 16
Not much of a success.

first a minority of the industries are manufacturing industries. None of them actively exports or earns much in exporting. None of them makes electronics, vehicles, heavy industrial products , energy industry machinery, even batteries and so forth.

One trillion naira is just 700 million dollars. That's not much

The above list shows how much we have failed as a nation that we do not have the kind of industries and companies that actually solve problems. We just dey full ourselves

APC has failed abeg
Re: 24 Nigerian Companies Are Now Worth Over N1 Trillion On The Stock Market by Basic123: 4:45pm On Mar 16
Afrobasic:
Why not? When you devalue the currency more companies become trillion naira companies.

This is all semantics by the way. Just like saying Zimbabwean companies are septilion Zimbabwean dollar companies.

You can only fool the foolish. angry
Eyeah...Sorry.
My condolences
Re: 24 Nigerian Companies Are Now Worth Over N1 Trillion On The Stock Market by ponlear(m): 4:45pm On Mar 16
Unicorns ❤️
We are getting there.
My company will get listed too someday
Re: 24 Nigerian Companies Are Now Worth Over N1 Trillion On The Stock Market by fiercehillz(m): 4:45pm On Mar 16
My company will be listed soon...We are currently working on bringing investors from Europe and Asia.
Re: 24 Nigerian Companies Are Now Worth Over N1 Trillion On The Stock Market by CyynthiaKiss(f): 4:46pm On Mar 16
Why not measure in dollars ?

What is this ?
Re: 24 Nigerian Companies Are Now Worth Over N1 Trillion On The Stock Market by SmartPolician:
Stop estimating their net worth in naira. Do that in USD because we don't exist in isolation. We live in a global village

BTW, Presco dey give me joy die! A palm oil company worth over $1 billion. We are sitting on lots of money in Nigeria without knowing it because we have incompetent leaders.
Re: 24 Nigerian Companies Are Now Worth Over N1 Trillion On The Stock Market by Vilgax: 4:46pm On Mar 16
Afrobasic:
Why not? When you devalue the currency more companies become trillion naira companies.

This is all semantics by the way. Just like saying Zimbabwean companies are septilion Zimbabwean dollar companies.

You can only fool the foolish.
you just summarized everything.

p.s there are roughly 7 companies in the world that have a trillion $ or more market cap
Re: 24 Nigerian Companies Are Now Worth Over N1 Trillion On The Stock Market by michael132(m): 4:47pm On Mar 16
There is hope for d economy....effect of reforms ..if not for corruption and embezzlement ..the reform for shock everbody for good .
Re: 24 Nigerian Companies Are Now Worth Over N1 Trillion On The Stock Market by Walai(m): 4:47pm On Mar 16
You will only deceive the gullibles. 1 trillion in 2026 under APC is just less than 100 billion in 2015 under PDP
Re: 24 Nigerian Companies Are Now Worth Over N1 Trillion On The Stock Market by focus7: 4:52pm On Mar 16
Tinubu economic reform effect. While some people remained poor because they are taking their economy updates from a dullard that ruled Anambra state and left the state poorer at 57% above what he met it, some are reaping big fortune from the happenings in our market.
Re: 24 Nigerian Companies Are Now Worth Over N1 Trillion On The Stock Market by potent5(m): 4:52pm On Mar 16
And how much in dollars? Skewed statistics will ruin every body.
DrMB:
Is Nigeria’s economy outperforming its politics, or is the new political landscape driving this growth? 🇳🇬
While the APC has officially secured 100% control across the South-South, North-Central, and North-West zones as of March 2026, the Nigeria Exchange (NGX) is telling an even bigger story. We now have 24 companies worth over N1 Trillion. From Airtel Africa leading at N23.6trn to Wema Bank joining the "Trillionaire Club," the corporate landscape is shifting fast.
With the map turning blue (APC) and the stock market turning green, where do you see the most opportunity for Nigeria in 2026? 👇



Source
Re: 24 Nigerian Companies Are Now Worth Over N1 Trillion On The Stock Market by Anatolia: 4:53pm On Mar 16
nairalanda1:
Not much of a success.

first a minority of the industries are manufacturing industries. None of them actively exports or earns much in exporting. None of them makes electronics, vehicles, heavy industrial products , energy industry machinery, even batteries and so forth.

One trillion naira is just 700 billion dollars. That's not much

The above list shows how much we have failed as a nation that we do not have the kind of industries and companies that actually solve problems. We just dey full ourselves

APC has failed abeg
it is 700 million dollars not billion
Re: 24 Nigerian Companies Are Now Worth Over N1 Trillion On The Stock Market by callmetade: 4:54pm On Mar 16
E no really go farrrr sha,
Re: 24 Nigerian Companies Are Now Worth Over N1 Trillion On The Stock Market by Lithiumite: 4:55pm On Mar 16
nairalanda1:
Not much of a success.

first a minority of the industries are manufacturing industries. None of them actively exports or earns much in exporting. None of them makes electronics, vehicles, heavy industrial products , energy industry machinery, even batteries and so forth.

One trillion naira is just 700 billion dollars. That's not much

The above list shows how much we have failed as a nation that we do not have the kind of industries and companies that actually solve problems. We just dey full ourselves

APC has failed abeg
You meant to say $700m,thats still some value in the third world category whichever way you look at it........also considering a high % of those companies are nigerian homegrown ones,thats some real progress if i must say and you need a stable economy with proper macro economic policies ro achieve that.
Re: 24 Nigerian Companies Are Now Worth Over N1 Trillion On The Stock Market by nairalanda1(m): 4:55pm On Mar 16
Anatolia:
it is 700 million dollars not billion
thank you. Corrected immediately
Re: 24 Nigerian Companies Are Now Worth Over N1 Trillion On The Stock Market by nairalanda1(m): 4:55pm On Mar 16
Lithiumite:
You meant to say $700m,thats still some value in the third world category whichever way you look at it........also considering a high % of those companies are nigerian homegrown ones,thats some real progress if i must say and you need a stable economy with proper macro economic policies.
It still shows we are a poor country which tells people a lot about their leaders
Re: 24 Nigerian Companies Are Now Worth Over N1 Trillion On The Stock Market by bmd1010: 4:58pm On Mar 16
On paper .
Right now anything Nigeria i no blive
Re: 24 Nigerian Companies Are Now Worth Over N1 Trillion On The Stock Market by Kingray10: 5:00pm On Mar 16
This is not an achievement.
One trillion to USD is 725m$.
If company that are worth this is only 24 in Nigeria,then Nigeria is doomed.
Re: 24 Nigerian Companies Are Now Worth Over N1 Trillion On The Stock Market by Tsadu01(m): 5:05pm On Mar 16
Good let the masses feel the impact
Re: 24 Nigerian Companies Are Now Worth Over N1 Trillion On The Stock Market by Solsix(m): 5:16pm On Mar 16
Fidelity bank don drop again
Re: 24 Nigerian Companies Are Now Worth Over N1 Trillion On The Stock Market by frankson1(m): 5:23pm On Mar 16
nairalanda1:
Not much of a success.

first a minority of the industries are manufacturing industries. None of them actively exports or earns much in exporting. None of them makes electronics, vehicles, heavy industrial products , energy industry machinery, even batteries and so forth.

One trillion naira is just 700 million dollars. That's not much

The above list shows how much we have failed as a nation that we do not have the kind of industries and companies that actually solve problems. We just dey full ourselves

APC has failed abeg
The official currency of Nigeria is NAIRA and Nigerians spend in Naira undecided
Re: 24 Nigerian Companies Are Now Worth Over N1 Trillion On The Stock Market by GboyegaD(m): 5:23pm On Mar 16
Afrobasic:
Why not? When you devalue the currency more companies become trillion naira companies.

This is all semantics by the way. Just like saying Zimbabwean companies are septilion Zimbabwean dollar companies.

You can only fool the foolish. angry
What's your favorite drink? A very chilled bottle on me.
Re: 24 Nigerian Companies Are Now Worth Over N1 Trillion On The Stock Market by Emeskhalifa(m): 5:24pm On Mar 16
nairalanda1:
Not much of a success.

first a minority of the industries are manufacturing industries. None of them actively exports or earns much in exporting. None of them makes electronics, vehicles, heavy industrial products , energy industry machinery, even batteries and so forth.

One trillion naira is just 700 million dollars. That's not much

The above list shows how much we have failed as a nation that we do not have the kind of industries and companies that actually solve problems. We just dey full ourselves

APC has failed abeg
Why does everything have to be compared with Dollar?

Iran doesn't give a 4k about dollars yet Iran is well developed.

Can't Africans especially Nigerians breath without mentioning dollars?
Re: 24 Nigerian Companies Are Now Worth Over N1 Trillion On The Stock Market by frankson1(m): 5:25pm On Mar 16
Kingray10:
This is not an achievement.
One trillion to USD is 725m$.
If company that are worth this is only 24 in Nigeria,then Nigeria is doomed.
The official currency of Nigeria is the NAIRA and not dollars.

Nigeria is doomed or you're dommed undecided
Re: 24 Nigerian Companies Are Now Worth Over N1 Trillion On The Stock Market by nairalanda1(m): 5:27pm On Mar 16
Emeskhalifa:
Why does everything have to be compared with Dollar?

Iran doesn't give a 4k about dollars yet Iran is well developed.

Can't Africans especially Nigerians breath without mentioning dollars?
Okay, we are a developed nation that has sent men to the moon and Mars
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