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Gbeminiyi Ogunleye
13 hours ago
Overview
These 12 Nigerian Listed Companies Are Worth A Billion Dollars Or More
MoneyCentral has been able to identify 12 Nigeria listed companies on the stock exchange (NGX) worth a billion dollar or more in market capitalization.
The firms are diverse and cut across various sectors including: Telecommunications, Industrial Goods, Oil and Gas, Banking and Finance, Consumer Goods and Energy.
The firms with listing on the stock exchange in Lagos Nigeria have market capitalization as at 15th May 2025 of: Airtel Africa with market capitalization of $4.93 billion (N7.9 trillion), Dangote Cement $4.64 billion (N7.42 trillion), BUA Foods $4.23 billion (N6.77 trillion), MTN Nigeria $3.64 billion (N5.83 trillion), Seplat Energy $2.05 billion (N3.289 trillion), Geregu Power $1.78 billion (N2.854 trillion).
Others Nigeria billion dollar companies are: BUA Cement $1.72 billion (N2.753 trillion), Transcorp Power $1.54 billon (N2.464 trillion), Guaranty Trust Holding Company GTCO $1.45 billion (N2.32 trillion), Aradel $1.3 billion (N2.08 trillion), Zenith Bank $1.24 billion (N1.992 trillion) and Nigerian Breweries $1.065 billion (N1.704 trillion).
An exchange rate of USD1 to NGN1,600 was used for the conversion from naira to dollar (see chart below).
