Wema, Fidelity, Ecobank, and Dangote Sugar Join the N1 Trillion Club on NGX

Wema, Fidelity, Ecobank, and Dangote Sugar have surpassed N1 trillion in equity value, joining the elite SWOOTs on the Nigerian Exchange.

NGN Market

Written by NGN Market

·2 min read
Wema, Fidelity, Ecobank, and Dangote Sugar Join the N1 Trillion Club on NGX

Key Highlights

  • Wema Bank, Fidelity Bank, Ecobank, and Dangote Sugar have crossed the N1 trillion equity-value mark on the Nigerian Exchange (NGX).

  • As of February 17, 2026, Wema Bank was valued at N1.09 trillion, Fidelity Bank at N1.04 trillion, Ecobank at N1.02 trillion, and Dangote Sugar at N1.01 trillion.

  • The total number of stocks worth over N1 trillion on the NGX has increased to 26, up from 22 in October 2025.

  • Wema Bank shares are up over 15% as of mid-trading on February 18, 2026, with a year-to-date gain of 32%.

  • Dangote Sugar is up 28% this month and 39% year-to-date.

Wema Bank, Fidelity Bank, Ecobank, and Dangote Sugar have all crossed the N1 trillion equity-value mark following a recent share price rally that swept through large-cap stocks on the Nigerian Exchange. The rally has propelled these companies into the elite group of large-cap stocks on the Exchange, popularly known as SWOOTs (Stocks Worth Over One Trillion Naira), as investor participation in their counters intensified.

As of the trading day ended 17 February 2026, Wema Bank was valued at N1.09 trillion, Fidelity Bank at N1.04 trillion, Ecobank at N1.02 trillion, and Dangote Sugar at N1.01 trillion.

This increase brings the total number of stocks worth over N1 trillion on the Nigerian Exchange to 26, up from 22 in October 2025.

Shares of Wema Bank, Fidelity Bank, Ecobank, and Dangote Sugar Refinery have surged recently, pushing their market values higher on the Nigerian Exchange.

As of mid-trading on 18th February at 1:47 pm, Wema Bank shares are up over 15%, with a year-to-date gain of 32%. Fidelity is up over 7% for the month and over 5% year-to-date. Dangote Sugar is up 28% this month and 39% year-to-date, while Ecobank is down over 6% this month but up over 7% year-to-date.

All four companies posted strong financial results in 2025, building on solid performance from 2024—an achievement that may be boosting positive sentiment around them.

Wema Bank Plc has completed its recapitalisation ahead of the Central Bank of Nigeria’s March 2026 deadline, boosting its capital base to meet regulatory standards.

Dangote Sugar Refinery has returned to profitability in 2025 after posting improvements in quarterly results and reducing losses year‑on‑year, reflecting a rebound in revenue and better cost control.