A major driver of the Nigerian stock market’s impressive 18.95% return in the third quarter of 2025 was the strong performance of a select group of heavyweight stocks known as SWOOTs.
In Q3, 9 out of 22 SWOOTs gained more than 20%, while 16 advanced between 15% and 20%.
Altogether, 17 of them closed the quarter in the green, highlighting the breadth of positive sentiment among Nigeria’s largest corporates.
By definition, SWOOTs (an acronym for Stocks Worth Over One Trillion Naira) are companies whose market capitalization exceeds N1 trillion.
Given their enormous influence, any sustained movement in SWOOTs tends to shape the overall market direction.
Hence, their impressive showing in Q3 was powerful enough to lift the Nigerian All-Share Index to its third-best quarterly performance since 2020.
This work ranks the top 10 best-performing SWOOTs in Q3 2025, focusing on share price appreciation rather than size, with each company maintaining a market capitalization above N1 trillion.
Here are the top 10 best-performing SWOOTs:
Nigerian Breweries Plc takes the 6th position with a 23.73% Q3 return, one of three consumer goods stocks in the top 10.
As of September 30, the stock had a market capitalization of N2.26 trillion, with 30,983,026,920 shares outstanding.
It opened the quarter at N59, trading 823 million shares, and closed Q3 at N73.00.
A 30.59% July jump took it to N77.05 before August weakness brought it down to N70.20. September ended slightly positive at N73.
- For H1 2025, pretax profit stood at N88.42 billion, versus a N85.20 billion loss in H1 2024.
- Revenue grew 54% year-on-year to N738.14 billion, reflecting strong consumer demand.
Year-to-date, the stock is up 137.50%, making it one of the best-performing consumer goods stocks this year.
