24 Nigerian Companies Are Now Worth Over N1 Trillion On The Stock Market - Investment - Nairaland
Nairaland Forum › Nairaland General › Investment › 24 Nigerian Companies Are Now Worth Over N1 Trillion On The Stock Market (11770 Views)
| 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)Source
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| 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. ![]() |
| 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: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: 4:46pm On Mar 16*. Modified: 5:15pm On Mar 16 |
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: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: |
| Re: 24 Nigerian Companies Are Now Worth Over N1 Trillion On The Stock Market by Anatolia: 4:53pm On Mar 16 |
nairalanda1: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:You meant to say $700m,thats still some value in the third world category whichever way you look at it........also considering a high % of those companies are nigerian homegrown ones,thats some real progress if i must say and you need a stable economy with proper macro economic policies ro achieve that. |
| Re: 24 Nigerian Companies Are Now Worth Over N1 Trillion On The Stock Market by nairalanda1(m): 4:55pm On Mar 16 |
Anatolia:thank you. Corrected immediately |
| Re: 24 Nigerian Companies Are Now Worth Over N1 Trillion On The Stock Market by nairalanda1(m): 4:55pm On Mar 16 |
Lithiumite:It still shows we are a poor country which tells people a lot about their leaders |
| Re: 24 Nigerian Companies Are Now Worth Over N1 Trillion On The Stock Market by bmd1010: 4:58pm On Mar 16 |
On paper . Right now anything Nigeria i no blive |
| Re: 24 Nigerian Companies Are Now Worth Over N1 Trillion On The Stock Market by Kingray10: 5:00pm On Mar 16 |
This is not an achievement. One trillion to USD is 725m$. 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:The official currency of Nigeria is NAIRA and Nigerians spend in Naira ![]() |
| Re: 24 Nigerian Companies Are Now Worth Over N1 Trillion On The Stock Market by GboyegaD(m): 5:23pm On Mar 16 |
Afrobasic: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: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:The official currency of Nigeria is the NAIRA and not dollars. Nigeria is doomed or you're dommed ![]() |
| Re: 24 Nigerian Companies Are Now Worth Over N1 Trillion On The Stock Market by nairalanda1(m): 5:27pm On Mar 16 |
Emeskhalifa:Okay, we are a developed nation that has sent men to the moon and Mars |
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