25 Blue-Chip Firms Account for 89.96% of NGX N155.99tn Market Capitalisation
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Kayode Tokede
A total of 25 listed companies on Nigerian Exchange Limited (NGX), led by MTN Nigeria Communications Plc, accounted for 89.96 per cent of the bourse’s total market capitalisation as of April 30, 2026, underlining the growing dominance of blue-chip stocks in the ongoing equity market rally.
Data compiled by THISDAY showed that the 25 firms jointly contributed N140.34 trillion to the NGX’s total market capitalisation of N155.99 trillion in the first four months of the year, as
A total of 25 listed companies on Nigerian Exchange Limited (NGX), led by MTN Nigeria Communications Plc, accounted for 89.96 per cent of the bourse’s total market capitalisation as of April 30, 2026, underlining the growing dominance of blue-chip stocks in the ongoing equity market rally.
Data compiled by THISDAY showed that the 25 firms jointly contributed N140.34 trillion to the NGX’s total market capitalisation of N155.99 trillion in the first four months of the year, as
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