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A recent study by MoneyCentral analysing the NGX30 firms that comprise the list of the most liquid and capitalised reveals a remarkable accumulation of profit, amounting to N5.09 trillion as at June 2025.
The top 10 companies alone account for N3.69 trillion, comprising a significant 72.30 percent share of the total.
Zenith Bank, Dangote Cement, and Guaranty Trust Holdings, emerged as the most profitable, leading the pack with annual profits of N532.18 billion, N520.45 billion, and N449.01 billion respectively, according to data gathered by MoneyCentral.
Further insight into the research shows or reveals that the banks, cement makers, and consumer goods firms are the dominant sector as they collectively contributed 79.56 percent to the overall profit figure.