Nigeria’s equities market closed the first half of 2025 on a bullish note, with several listed companies across key sectors posting impressive returns and rewarding investors who made timely bets. From the agriculture and consumer goods sectors to telecoms and industrials, a handful of standout stocks on the Nigerian Exchange Limited (NGX) saw significant price rallies driven by strong earnings, investor sentiment, and broader macroeconomic trends.
In particular, some firms recorded double-digit percentage gains, with investors taking positions on the back of improved fundamentals, cost-efficiency measures, and resilient business strategies. For many retail and institutional players, H1 was a season of smart plays and strategic accumulation, despite economic headwinds.
As trading enters the second half of the year, market watchers are now turning their focus to which of these high flyers have enough momentum—and strong financial outlooks—to sustain or even accelerate their performance through H2 2025.
The big question remains: of the first-half winners, which stocks still have upside potential, and which might have already peaked? The next few months will be crucial for price action, earnings reports, and broader investor confidence in Nigeria’s capital market.