Six Nigerian stocks, each valued at over one trillion naira, have surged more than 20% so far in 2025, delivering strong price performances that have played a crucial role in keeping the All-Share Index (ASI) in positive territory.
These companies are part of the SWOOTs, a group of Nigerian Exchange-listed firms with market capitalizations exceeding one trillion naira that wield significant influence on the All-Share Index, depending on market trends and their size.
In 2025 so far, the All-Share Index has posted a year-to-date performance of 6.08%, closing at 109,183.93 index points as of market close on the 22nd of May 2025.
Despite a decline that began in mid-February, during which the index shed over 5,300 points to reach a low of 103,851.88 in April, positive price action in mid- and large-cap stocks (many of which are SWOOTs) helped lift the index back above the 109,000-mark.
This piece examines the SWOOTs on the Nigerian Exchange that have gained more than 20% so far this year.
Here are the SWOOTs that have gained over 20% so far in 2025 on the Nigerian stock market:
Transcorp Hotels Plc ranks fifth on the list, with a year-to-date performance of 32.59% as of the trading day on May 22, 2025, and a current market cap of N1.5 trillion.
The stock opened the year at N116.00 but dipped slightly to N114.65 by the end of January. However, it rebounded in February, trading at a volume of 1.3 million shares and closing the month at N126.10.
The momentum continued through March and April, with the share price climbing steadily to N145.00 by the end of April. As of May 22, 2025, Transcorp Hotels is priced at N153.80.
The company’s bullish run, which began in February, may have been driven by the release of its FY 2024 financial results, where it reported a pre-tax profit of N22.6 billion, up 138.48% year-on-year.
- In Q1 2025, pre-tax profit saw a slight increase to N6.1 billion, compared to N6.08 billion in Q1 2024. Meanwhile, revenue surged by 51.88%, reaching N21 billion—a strong indicator of continued operational growth.
