The NGX 30 Index, which tracks the 30 largest companies on the Nigerian Exchange, has delivered a strong performance so far in 2025, posting a year-to-date gain of 33.18%.
Starting the year at 3,811.9 points, the index has gained 1,264.8 points to reach 5,076.8, reflecting the bullish momentum sweeping through the market.
The broader Nigerian All-Share Index (ASI) has also had an outstanding run, up 35.03% year-to-date, outperforming the NGX 30 by 1.85%.
- While the ASI captures the entire equities market, the NGX 30 narrows its scope to the top 30 most liquid and capitalized stocks.
These heavily capitalized stocks carry substantial market value, meaning their price movements strongly influence both the All-Share Index and the sectoral indices they belong to.
In this work, however, the spotlight is on the 10 best-performing stocks within the NGX 30 in 2025 so far, ranked by how much their share prices have appreciated this year.
Here they are:
Stanbic IBTC Holdings Plc takes the 8th position with a year-to-date performance of 73.52%. Opening the year at N57.60, the stock rose to N99.95 on the back of 257 million shares traded.
After a sluggish first quarter, momentum picked up in May, pushing the price to N69.20 by month-end. The rally strengthened through June and July, with the stock breaking N100 and closing July at N101.
Despite minor pullbacks in August and early September, it has retained most of its gains.
- The surge coincided with Q1 2025 results released in late April, where pretax profit nearly doubled to N116.4 billion, up 85.6% YoY.
- Net interest income grew to N149.8 billion from N76.9 billion, while fees and commissions climbed to N63.7 billion from N44.5 billion.
