The Nigerian Industrial Goods sector delivered a strong performance on the Nigerian Exchange in 2025, gaining 58.91% to rank as the third-best performing sector of the year.
Tracked by the NGX Industrial Goods Index, the sector rose from 3,572.2, surpassing 4,000 and 5,000 points, and closed at 5,676.5, driven by broad-based gains across constituent stocks.
While the Consumer Goods Index led the market with a 129.57% surge, followed by the Insurance Index at 65.64%, the Industrial Goods sector still stood out, outperforming the NGX All-Share Index, which returned 51.19% over the same period.
July emerged as the sector’s strongest month, rising 34.28%, as investors reacted positively to a wave of encouraging half-year earnings for the period ended June 2025 that filtered into the market during the month.
As a result, the third quarter was the sector’s best-performing period, advancing 39.32%, while the second half of the year proved the most rewarding overall, with a cumulative gain of 56.03%.
The following stocks were the key drivers behind the sector’s impressive performance in 2025:
Lafarge Africa Plc ranked fifth, returning 92.28% in 2025 as its share price rose from N69.95 to N134.50, with trading volume exceeding 916 million shares.
The year began steadily, with a 5.50% gain in the first quarter lifting the stock to N73.80, before momentum increased in the second quarter, driving prices up to N87.20.
July, however, accounted for the bulk of the year’s gains, as the stock surged 70.87% to N149 in a single month. Although price action became choppy afterward, Lafarge still ended the year comfortably above N100.
The rally was likely anchored by strong financial results.
- For the nine months ended September 2025, revenue climbed 63% to N780.48 billion, while profit after tax soared 246% to N207.78 billion, driven by higher volumes, improved efficiency, and currency stability.
In 2026, Lafarge shares are up 15.99% year-to-date, trading around N156.
