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At least 20 companies listed on the Nigerian Exchange Group now have market capitalisations above $1 billion as the NGX bull run continues in 2026The rankings were calculated using the official exchange rate of N1,362.20/$1 and closing share prices recorded on Monday, July 28, 2026Telecoms, banking, cement, consumer goods, energy, and hospitality firms all feature in the billion-dollar club, with MTN Nigeria topping the list
Legit.ng journalist Dave Ibemere has over a decade of experience in business journalism, with in-depth knowledge of the Nigerian economy, stocks, and general market trends.
At least 20 companies listed on the Nigerian Exchange (NGX) have crossed the $1 billion market capitalisation mark, as a sustained rally in equities continues to lift valuations across multiple sectors in 2026.
The figures are based on closing share prices and the official exchange rate of N1,362.20 to the dollar, both recorded on Monday, July 28, 2026.
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