• Login
  • Register
Nairametrics
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
Nairametrics
No Result
View All Result
Home People Billionaire Watch

Nigerian billionaires with the highest share price gains/losses in August 2025 

Deborah Dan-Awoh by Deborah Dan-Awoh
September 5, 2025
in Billionaire Watch, Equities, Markets, People, Spotlight, Stock Market
Nigerian billionaires with the highest share price gains/losses in August 2025 
Share on FacebookShare on TwitterShare on Linkedin

Nigeria’s equities market ended August on a cautious note, holding onto a slim 0.31% gain despite heavy selloffs that erased much of the month’s earlier advance.

The All-Share Index opened at 139,863.5 points and briefly surged past the 146,000-mark mid-month, buoyed by momentum from July’s rally. But the gains proved fleeting.

A reversal in oil and gas stocks, combined with weakness in cement majors, dragged the benchmark down more than 3,500 points in the third week. The slide deepened with another 708-point drop in the final week, paring back almost all of August’s progress.

RelatedStories

First HoldCo Plc Group Chairman, Mr Olufemi Otedola

Otedola files N1 billion libel suit against Umar Sani, denies subsidy allegations

September 29, 2025
BUA Group Chairman Abdul Samad Rabiu

BUA’s Abdul Samad predicts naira recovery to N1,300/$ in 2025

September 25, 2025

The index eventually closed at 140,295.5 points, just 432 points above where it began. While the headline gain looked modest, the underlying shifts were stark: some of Nigeria’s wealthiest investors booked billions in paper profits, while others absorbed steep markdowns in their banking and energy holdings.

Against this backdrop, fortunes tied to cement, consumer goods, energy, and finance experienced mixed reactions in terms of share price gains as well as losses.

In this article, we look at Nigerian billionaires with the highest share gains/losses in August 2025. 

Jump to section

7. Mike Adenuga 

  • 7. Mike Adenuga 
  • 6. Tony Elumelu 
  • 5. Jim Ovia 
  • 4. Aliko Dangote 
  • 3. Femi Otedola
  • 2.
  • 1. Abdul Samad Rabiu 

Loss: -N2.42 billion 

Mike Adenuga, the billionaire founder of Globacom, saw the value of his stake in Conoil Plc shrink last month after the company’s share price fell sharply on the Nigerian Exchange.

Conoil’s stock opened in August at N234 per share and closed at N211, representing a 10 per cent decline.

Adenuga holds his interest in Conoil indirectly through Conpetro Limited, which owns 103,259,720 shares. At the start of the month, that stake was worth about N24.2 billion. By the end of August, its value had dropped to roughly N21.8 billion.

That swing wiped out an estimated N2.42 billion from Adenuga’s paper wealth in just four weeks, showing how volatility in Nigeria’s downstream oil sector continues to erode investor confidence.

Jump to section

7. Mike Adenuga 

  • 7. Mike Adenuga 
  • 6. Tony Elumelu 
  • 5. Jim Ovia 
  • 4. Aliko Dangote 
  • 3. Femi Otedola
  • 2.
  • 1. Abdul Samad Rabiu 
Page 7 of 7
Previous 7654321 Next

Follow us for Breaking News and Market Intelligence.
Tags: Abdul Samad RabiuFemi Otedolahighest share price gainsNigeria’s equities marketTony Elumelu
Deborah Dan-Awoh

Deborah Dan-Awoh

Deborah Dan-Awoh is a seasoned lifestyle analyst with a knack for storytelling. The focus of her work covers people, money and culture as it relates with business and economy. When she's not keeping tabs on the latest trends in lifestyle and finance- Deborah enjoys networking with industry experts to gain insight into major markets as it affects the populace

Related Posts

First HoldCo Plc Group Chairman, Mr Olufemi Otedola
Energy

Otedola files N1 billion libel suit against Umar Sani, denies subsidy allegations

September 29, 2025
BUA Group Chairman Abdul Samad Rabiu
Currencies

BUA’s Abdul Samad predicts naira recovery to N1,300/$ in 2025

September 25, 2025
First HoldCo Plc Group Chairman, Mr Olufemi Otedola
Billionaire Watch

First HoldCo Chairman Otedola acquires N1.21 billion direct shares, increases indirect stake 

September 25, 2025
Chairman of United Bank for Africa (UBA), Tony Elumelu
Billionaire Watch

UBA to pay Tony Elumelu N1.68 billion as dividend  

September 24, 2025
First Bank partners with the organizers of the E1 Lagos GP to host the first all-electric powerboat racing championship in Lagos.
Appointments

Meet Abiola Baruwa, the new group Secretary of First HoldCo 

September 24, 2025
Tony Elumelu
Business News

Tony Elumelu mourns Heirs Holdings staff lost in Lagos fire

September 17, 2025
Next Post
Train services on Port Harcourt-Aba route to commence by end of March – FG 

NRC suspends Port Harcourt–Aba train services for maintenance, resumes Sept 9 

Comments 1

  1. owa abiodun babalola says:
    September 8, 2025 at 2:34 pm

    i owa i love nairamatric

    Reply

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

arco
access bank
nairametrics
first bank









DUNS

Recent News

  • Omi Eko: Lagos commences €410 million inland waterway project on Lagos Lagoon 
  • UBA, ACCESSCORP lead volume as All-Share Index firms above N94 trillion cap 
  • Over 50% of migrant HIV cases in Switzerland occur post-migration – Study 

Follow us on social media:

Recent News

Lagos to earn additional $1 billion forex inflows annually 

Omi Eko: Lagos commences €410 million inland waterway project on Lagos Lagoon 

October 17, 2025
NGX

UBA, ACCESSCORP lead volume as All-Share Index firms above N94 trillion cap 

October 17, 2025
  • iOS App
  • Android App
  • Contact Us
  • Home
  • Markets
  • Sectors
  • Economy
  • Business News
  • Financial Literacy
  • Disclaimer
  • Ads Disclaimer
  • Copyright Infringement

© 2025 Nairametrics

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Social Media Auto Publish Powered By : XYZScripts.com
No Result
View All Result
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
  • Login
  • Sign Up

© 2025 Nairametrics