Year in Review: 40 Best Performing Stocks With 100% Returns for Investors in 2025
- In 2025, more than 40 companies on the Nigerian Exchange Limited (NGX) recorded returns exceeding 100%
- Standout performers include NCR Nigeria (1,354%), Presco (205.26%), UPDC (223.90%), and Ikeja Hotels (203.11%)
- Afrinvest expects a positive 2026, projecting a possible 40.9% rise in the NGX-ASI, supported by stable prices and naira
Legit.ng journalist Dave Ibemere has over a decade of experience in business journalism, with in-depth knowledge of the Nigerian economy, stocks, and general market trends.
At least 40 listed companies on the Nigerian Exchange Limited (NGX) delivered returns of over 100% to investors in 2025. These top-performing stocks cut across several key sectors.
The numbers achieved far surpassed the market benchmark, with the NGX-All Share Index (ASI) delivering a year-to-date gain of 48.12% as of December 22, 2025.
A stock market analyst Kunle Ajayi told Legit.ng that much of the growth was driven by favourable sector reforms, robust corporate earnings, dividend payments, improved currency stability, and bargain hunting in fundamentally strong stocks.
Source: Getty Images
Among the 40 top-performing companies, 11 delivered investors a return of over 200%.
Legit.ng provides insights into how a N100,000 investment in these stocks would have grown over the year.
NCR Nigeria
NCR Nigeria, in the services sector, topped the charts with a jaw-dropping 1,354% gain. A N100,000 investment at the start of 2025 would have been worth about N1.45 million by December 22.
Beta Glass
Beta Glass, a leading player in the glass manufacturing sector, grew 470.11% in 2025. N100,000 invested at the start of the year would have grown to around N570,000.
Mutual Benefits Assurance
Mutual Benefits Assurance, in the insurance sub-sector, rose 408.20% over the year. Investors who put N100,000 into the company in January would have seen their holdings grow to N508,000.
Champion Breweries
Champion Breweries delivered a 339.63% gain in 2025. A N100,000 investment would now be worth approximately N439,000.
Eunisell Interlinked
Eunisell Interlinked, a services-sector engineering company, appreciated 315.15%. N100,000 invested in January would now be worth N415,000
Ellah Lakes
Ellah Lakes, a beverage manufacturer, rose 312.97% over the year. Investors who purchased N100,000 worth of shares at the start of 2025 would have seen them grow to N413,000.
Guinness Nigeria
Guinness Nigeria grew 312.38% in 2025. A N100,000 stake would now be worth N412,000.
Vitafoam Nigeria
Vitafoam Nigeria, in the manufacturing sector, saw a 311.30% gain. N100,000 invested at the start of the year would have grown to N411,000.
Sovereign Trust Insurance
Sovereign Trust Insurance rose 255.36% in 2025. Investors who bought N100,000 of shares in January would now hold N355,000.
Source: Getty Images
NASCON Allied Industries
NASCON Allied Industries, in the food processing sector, increased 254.07%. A N100,000 investment would now be worth around N354,000.
Other top stocks for 2025 include
- SCOA Nigeria: 244.66%
- Wema Bank: 108.89%
- Julius Berger: 119.75%
- Cadbury Nigeria: 177.21%
- Honeywell Flour Mills: 181.75%
- International Breweries: 125.23%
- Nigerian Breweries: 148.44%
- Nestle Nigeria: 123.73%
- Unilever Nigeria: 118.51%
- CWG: 144.16%
- Tripple Gee & Company: 115.61%
- MTN Nigeria Communications: 165.85%
- FTN Cocoa Processors: 157.69%
- Okomu Oil: 149.77%
- Presco: 205.26%
- Nigerian Exchange Group: 134.31%
- UACN: 179.01%
- AIICO Insurance: 174.83%
- Custodian Investment: 105.26%
- NEM Insurance: 131.05%
- NPF Microfinance Bank: 119.30%
- UPDC: 223.90%
- Fidson Healthcare: 177.42%
- Neimeth International Pharmaceuticals: 168.56%
- ABC Transport: 156.01%
- Academy Press: 143.33%
- Caverton Offshore Support Group: 128.45%
- Ikeja Hotels: 203.11%
- Nigerian Aviation Handling Company: 137.79%
- Skyway Aviation Handling Company: 164.42%
Afrinvest Limited said 2025 saw strong market participation, solid corporate earnings, and attractive dividend payouts, supported by policy-driven reforms, with trading activity peaking in July and September amid heightened investor interest.
Afrinvest Limited said:
"2025 saw strong market participation, characterised by sustained bullish sentiment tempered by periodic profit-taking. Investor activity was supported by reform-driven developments, key policy implementation, and growing market awareness, which together lifted trading volumes.
Outlook for 2026
Looking ahead, Afrinvest said 2026 is constructive, with favorable macroeconomic and market conditions. Their base case projects a 40.9% gain in the NGX-ASI, supported by:
- Sustained price and naira stability
- Gradual monetary policy easing
- Improved corporate earnings
- Elevated pre-election liquidity
- Aggressive capital mobilization by insurance companies and PFAs
- Potential listings such as Dangote Petrochemicals
Upside risks include stronger foreign exchange inflows and faster disinflation, while downside risks stem from renewed inflationary pressures, FX volatility, weak foreign investor participation, and delays in anticipated listings.
Elumelu, wife buy more UBA shares
Earlier, Legit.ng reported Tony Elumelu, the chairman of the United Bank for Africa (UBA), and his wife, Vivian Awele Elumelu, have acquired more shares in the bank.
The couple purchased a total of 23,196,236 shares in two separate transactions valued at N480.26 million, according to the latest disclosure on the Nigerian Exchange Limited (NGX).
Vivian Awele Elumelu alone bought 9,624,441 UBA shares at an average price of N20.71 per share.
Proofreading by James Ojo, copy editor at Legit.ng.
Source: Legit.ng
