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Largest Companies By Market Cap Nigeria Is Not on The List - Business - Nairaland

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Largest Companies By Market Cap Nigeria Is Not on The List by Alphabyte2: 3:04pm On May 17, 2023
Largest companies by market cap:

πŸ‡ΊπŸ‡Έ Apple: $2.7 trillion
πŸ‡ΊπŸ‡Έ Microsoft: $2.3 trillion
πŸ‡ΈπŸ‡¦ Saudi Aramco: $2 trillion
πŸ‡ΊπŸ‡Έ Alphabet: $1.52 trillion
πŸ‡ΊπŸ‡Έ Amazon: $1.16 trillion
πŸ‡ΊπŸ‡Έ NVIDIA: $722 billion
πŸ‡ΊπŸ‡Έ Berkshire: $710 billion
πŸ‡ΊπŸ‡Έ Meta: $612 billion
πŸ‡ΊπŸ‡Έ Tesla: $527 billion
πŸ‡ΊπŸ‡Έ Visa: $482 billion
πŸ‡«πŸ‡· LVMH: $479 billion
πŸ‡ΊπŸ‡Έ UnitedHealth: $446 billion
πŸ‡ΉπŸ‡Ό TSMC: $445 billion
πŸ‡¨πŸ‡³ Tencent: $420 billion
πŸ‡ΊπŸ‡Έ Eli Lilly: $414 billion
πŸ‡ΊπŸ‡Έ Exxon Mobil: $414 billion
πŸ‡ΊπŸ‡Έ Johnson & Johnson: $414 billion
πŸ‡ΊπŸ‡Έ Walmart: $404 billion
πŸ‡ΊπŸ‡Έ JPMorgan Chase: $392 billion
πŸ‡©πŸ‡° Novo Nordisk: $375 billion
πŸ‡ΊπŸ‡Έ Procter & Gamble: $367 billion
πŸ‡ΊπŸ‡Έ Mastercard: $360 billion
πŸ‡¨πŸ‡­ Nestle: $339 billion
πŸ‡°πŸ‡· Samsung: $324 billion
πŸ‡¨πŸ‡³ Kweichow Moutai: $307 billion
πŸ‡ΊπŸ‡Έ Merck: $294 billion
πŸ‡ΊπŸ‡Έ Chevron: $290 billion
πŸ‡ΊπŸ‡Έ Home Depot: $285 billion
πŸ‡ΊπŸ‡Έ Coca-Cola: $273 billion
πŸ‡ΊπŸ‡Έ PepsiCo: $266 billion
πŸ‡ΊπŸ‡Έ Oracle: $265 billion
Re: Largest Companies By Market Cap Nigeria Is Not on The List by Alphabyte2: 3:06pm On May 17, 2023
Re: Largest Companies By Market Cap Nigeria Is Not on The List by Alphabyte2: 3:21pm On May 17, 2023
Nigeria score 0.1 in startup acceleration over the years. The problem is not the educational system but slow adoption of the startup programs and process. In the 36 states of the federation Lagos is the biggest hub in Africa.

Nigeria has faced challenges in accelerating start-ups. However, it is important to note that Nigeria has a vibrant start-up ecosystem with many innovative companies and entrepreneurs. The government and private sector should take steps to support and promote start-ups through initiatives such as tax incentives, funding opportunities, and mentorship programs. I believe that continued collaboration and investment in the Nigerian start-up ecosystem can lead to even greater success and impact in the future.
Re: Largest Companies By Market Cap Nigeria Is Not on The List by princeemma69: 4:14pm On May 17, 2023
This is the first time I am hearing about Saudi Aramco company
Re: Largest Companies By Market Cap Nigeria Is Not on The List by Alphabyte2: 4:16pm On May 17, 2023
Nigerian startups have the potential to make billions of dollars by tapping into the country's large and growing population, as well as its rapidly expanding economy. With a vibrant startup ecosystem and a young, tech-savvy population, Nigeria is poised to become a major player in the global tech industry.

Some of the key areas where Nigerian startups can focus on to make billions of dollars include fintech, e-commerce, healthcare, education, and agriculture. These sectors have significant growth potential in Nigeria and are ripe for disruption and innovation.

For example, fintech startups in Nigeria are already making waves, with companies like Flutterwave and Paystack raising significant amounts of funding and expanding rapidly. E-commerce startups like Jumia are also making strides, with the company recently becoming the first African startup to list on the New York Stock Exchange.

In addition, healthcare startups like LifeBank and 54gene are leveraging technology to improve access to healthcare in Nigeria, while education startups like uLesson are using technology to revolutionize the way students learn.

Overall, Nigerian startups have the potential to make billions of dollars by leveraging technology to solve some of the country's most pressing challenges and tapping into the growing demand for innovative solutions in key sectors of the economy.


Industrialization in Nigeria has been a topic of discussion for many years, as the country has been striving to diversify its economy and reduce its dependence on oil exports. While Nigeria has made progress in developing its manufacturing sector, there is still much work to be done to fully realize the potential of industrialization.

One of the challenges facing industrialization in Nigeria is the lack of infrastructure, particularly in terms of power supply and transportation. This has made it difficult for manufacturers to operate efficiently and at a competitive cost. The government has been working to address these issues through investments in infrastructure, but progress has been slow.

Another challenge is the lack of access to finance for small and medium-sized enterprises, which make up the majority of manufacturers in Nigeria. This has limited their ability to invest in new technology and equipment, and has hindered their growth and competitiveness.

Despite these challenges, there have been some successes in industrialization in Nigeria. The country has seen growth in the production of cement, textiles, and food processing, among other industries. The government has also implemented policies to encourage local content in the oil and gas sector, which has led to the development of some local manufacturing capabilities.

Overall, industrialization in Nigeria is a complex issue that requires a multi-faceted approach. The government must continue to invest in infrastructure and address the challenges facing small and medium-sized enterprises in order to fully realize the potential of industrialization in the country.
Re: Largest Companies By Market Cap Nigeria Is Not on The List by Alphabyte2: 4:23pm On May 17, 2023
princeemma69:
This is the first time I am hearing about Saudi Aramco company

Saudi Aramco is producing 10-11 millions barrel per day while Nigeria is below 1million
barrel per day which is very low . 900 thousand barrel is low our goal is to produce 2 Million barrel to generate more revenue .
Re: Largest Companies By Market Cap Nigeria Is Not on The List by Nigerfine3: 4:45pm On May 17, 2023
princeemma69:
This is the first time I am hearing about Saudi Aramco company
They are big, they operate in usa too
Re: Largest Companies By Market Cap Nigeria Is Not on The List by Alphabyte2: 4:51pm On May 17, 2023
Developing smart cities and mega cities in Nigeria requires a comprehensive and collaborative approach. First, it is essential to establish a clear vision and strategy for urban development that incorporates smart technologies, sustainable practices, and community engagement. This vision should be developed in partnership with local stakeholders, including government officials, urban planners, architects, engineers, and residents.

Second, it is crucial to invest in the necessary infrastructure and resources to support smart city development, such as high-speed internet, renewable energy, efficient transportation systems, and data analytics platforms. This investment can be facilitated through public-private partnerships, international funding, and innovative financing mechanisms.

Third, it is essential to prioritize citizen participation and engagement in theplanning and implementation of smart city initiatives. This can be achieved through community outreach programs, public consultations, and participatory budgeting processes.

Overall, developing smart cities and mega cities in Nigeria requires a long-term commitment to sustainable and inclusive urban development, supported by strong leadership, collaboration, and innovation.

Innovation without money is a waste Nigeria have all the ideas but we don't have the money for development of projects that is why the Government borrow funds and accumulate debt .

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