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Airtel Africa leads the NGX with a market capitalisation of N21.8 trillion, driving innovation across multiple sectors25 companies dominate the Nigerian Exchange, collectively accounting for over 90% of total market capitalisationFrom banking to agriculture, these firms are shaping Nigeria’s economic landscape and future growth opportunities
Pascal Oparada is a journalist with Legit.ng, covering technology, energy, stocks, investment, and the economy for over a decade.
The Nigerian Exchange (NGX) is home to more than 150 listed companies, but only a select group has crossed the N1 trillion market-capitalisation mark.
As of August 7, 2026, 25 companies had market values above N1 trillion, making up more than 90 per cent of the NGX’s total market capitalisation.
Airtel, MTN and others lead as 25 companies hit the N1 trillion mark on the NGX. Credit: NGXSource: Getty Images
The exclusive group cuts across telecommunications, banking, cement, energy, agriculture, consumer goods, hospitality and power.
Here are the companies dominating Nigeria’s stock
