• Hausa Edition
  • Podcast
  • Conferences
  • LeVogue Magazine
  • Business News
  • Print Advert Rates
  • Online Advert Rates
  • Contact Us
Tuesday, August 26, 2025
Leadership Newspapers
Read in Hausa
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
Leadership Newspapers
No Result
View All Result

Equities: 11 Stocks Account For N58trn Total Market Cap

by Olushola Bello
3 weeks ago
in Business
11 Stocks Account For N58trn Total Market Cap
Share on WhatsAppShare on FacebookShare on XTelegram

Eleven top stocks have accounted for a significant N58.005 trillion in market capitalisation on the Nigerian Exchange (NGX) at the close of July 2025 trading.

Advertisement

These figures highlight the dominance of the stocks in the equities market.

According to the July monthly report released by the Nigerian Exchange, the top stocks include MTNN, Dangote Cement, Airtel Africa, BUA Food, BUA Cement, Guaranty Trust Holding Company (GTCO), Seplat Energy, Zenith Bank, Geregu Power, Transcorp Power, and Lafarge Africa. These companies have sustained their positions as market leaders.

As of July 31, 2025, the total equities market capitalisation stood at N88.425 trillion, and 11 companies controlled 65.60 per cent of it.

A cursory look at the trading figures as of July 31, 2025, showed that MTN Nigeria has surged to become the most capitalised stock on the NGX, accounting for N9.910 trillion. Dangote Cement followed with a market capitalisation of N8.914 trillion, while Airtel Africa recorded a market capitalisation of N8.683 trillion.

RELATED

PremiumTrust Bank Reassures Stakeholders Of Strong Performance, Profitability

PremiumTrust Bank Meets N200bn Capital Requirement For National Commercial Banks; Reinforcing Its Leadership As Nigeria’s Fastest-Growing Bank

2 hours ago
JUST-IN: NAICOM Revokes Operational Licenses Of Niger Insurance, Standard Alliance

Delayed Guidelines Drag Insurance Recapitalisation Process

18 hours ago
ADVERTISEMENT

While BUA Foods, BUA Cement, GTCO, Seplat Energy, Zenith Bank, Geregu Power, Transcorp Power and Lafarge Africa accounted for market capitalisation of N8.262 trillion, N4.572 trillion, N3.661 trillion, N3.207 trillion, N3.142 trillion, N2.854 trillion, N2.400 trillion and N2.400 trillion.

Stock market analysts noted that “investors in the capital market are thrilled by the positive trend the market has witnessed. It is an attestation of investors’ confidence in the market, resulting in the all-share index crossing the 141,000 points mark and market capitalisation crossing the N89 trillion mark.”

Speaking on the Company’s H1 results, MTNN CEO Karl Toriola, said, “We are excited by the progress made in the first half of 2025, reflecting the successful execution of the strategic priorities we previously communicated to the market. Building on the momentum from the first quarter, we delivered strong growth in service revenue for the period under review.

ADVERTISEMENT

“This was driven by robust demand for our services, proactive customer value management and price adjustments, mainly in Q2. In reinforcing this growth, we accelerated investment in our network to enhance capacity, coverage and quality of experience.”

He added that MTNN reported a profit after tax of N414.9 billion, marking a strong recovery from the loss after tax of N519.1 billion recorded in the prior year.

Also, the chief executive officer of Dangote Cement, Arvind Pathak, stated, “we are pleased to report a solid performance in the first half of 2025, underscoring the strength, resilience, and adaptability of our business amidst improvements in key macroeconomic indicators.

“Group revenue grew by 17.7 per cent to N2,071.6 billion, compared to N1,760.1 billion in H1 2024, reflecting both strategic pricing actions and continued demand for our products across markets.”

He added, “Our focus on operational efficiency and cost containment is delivering tangible results. Group EBITDA rose by an impressive 41.8 per cent to N944.9 billion, while Group profit surged by 174.1 per cent to N520.5 billion, surpassing our full-year 2024 profit in just six months. This performance is a testament to our disciplined execution, strong cost management, and strategic investments over the years.”


Join Our WhatsApp Channel

Nigerians can now earn US Dollars monthly by acquiring domains cheaply and reselling for profits up to $18,000 (nearly ₦30Million). Beneficiaries include professionals, entrepreneurs, civil servants and more. Click here to start.


Tags: Nigerian Stock Exchange (NSE)
SendShare10170Tweet6357Share
ADVERTISEMENT
Previous Post

6 Startups Win $280,000 Of NSIA Fund For Innovation

Next Post

NDLEA, NYO Vow To End Drug Abuse Among Youths

Olushola Bello

Olushola Bello

You May Like

PremiumTrust Bank Reassures Stakeholders Of Strong Performance, Profitability
Business

PremiumTrust Bank Meets N200bn Capital Requirement For National Commercial Banks; Reinforcing Its Leadership As Nigeria’s Fastest-Growing Bank

2025/08/26
JUST-IN: NAICOM Revokes Operational Licenses Of Niger Insurance, Standard Alliance
Business

Delayed Guidelines Drag Insurance Recapitalisation Process

2025/08/25
Large-cap Stock Drives Local Bourse To N180bn Gains
Business

Shareholders Get N117.86bn Half-year Dividends From 12 Listed Firms

2025/08/25
UBA Bank plc
Business

UBA Customers To Win N150m In Super Savers Promo

2025/08/25
Bureau Rate NIMASA High On Public Service Reforms
Business

NIMASA, Engineers Strengthen Collaboration For Blue Economy Growth

2025/08/25
Ojulari’s First 100 Days at NNPC Ltd: A Bold Start Anchored On Reform, Transparency, And Clean Energy
Business

After 3 Misses, NNPC Sets Nov For AKK Gas Pipeline Completion

2025/08/25
Leadership Conference advertisement

LATEST

We Must Invest In Cyber Defence, Artificial Intelligence, Indigenous Military Technology – CDS

Security Summit Seeks End To Killings In Benue

Gombe Gov Signs Bill Creating 13 LCDA

PremiumTrust Bank Meets N200bn Capital Requirement For National Commercial Banks; Reinforcing Its Leadership As Nigeria’s Fastest-Growing Bank

FG Issues Fresh Flood Alert To 9 Northern States

We’ll Do More To Secure Katsina – COAS

Parties Accept Mediation In Abia Land Dispute

PDP’s Zoning Of Presidential Ticket To South Sparks Comments

Oil Theft Nearly 100% Eliminated, Says NNPCL GCEO

FG Signs BASA Agreement For Direct Flights To Brazil

© 2025 Leadership Media Group - All Rights Reserved.

No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us

© 2025 Leadership Media Group - All Rights Reserved.