Over the past decade, Nigeria’s stock market has seen an out of this world comeback. Since 2015, the Nigerian Replace (NGX) has grown by bigger than 320 p.c, with the
All-Allotment Index jumping from round 34,000 points to over 145,000 points in 2025.
This resurgence has created a couple of millionaires and grew to turn out to be early investors in some corporations into stock market moguls.
Whereas the total economy grew slowly, a number of corporations outperformed expectations, handing over huge returns to long-term investors. Right here’s a look at ten Nigerian corporations that recorded over 1,500 p.c boost in the past ten years.
Presco Plc – 5,818% Development
Presco leads the pack with a staggering rise in the rest decade. Its share ticket jumped from N24.5 in 2015 to N1,450 in 2025. Revenues elevated merely about 1,900 p.c, and catch income rose over 3,200 p.c. Precise depend on for palm oil and effective growth suggestions helped Presco dominate its sector.
Okomu Oil Palm – 4,508% Development
Yet any other palm oil powerhouse, Okomu Oil, delivered unheard of returns. Its income grew from N9.7 billion in 2015 to over N130 billion in 2024, while profit after tax soared from N2.7 billion to N40 billion. With a constant 42 p.c annual boost, Okomu has turn out to be one among Nigeria’s most legit long-term performers.
NEM Insurance protection – 3,977% Development
NEM Insurance protection stood out in the monetary sector. Its share ticket elevated from N0.65 to N26.5, and income rose from N713 million to over N29 billion. The firm’s glean underwriting and investment suggestions allowed earnings per share to grow bigger than fortyfold.
Nigerian Aviation Handling Company (NAHCO) – 2,734% Development
NAHCO’s shares jumped from N3.76 to N106.5 over ten years. Profits climbed bigger than 2,200 p.c thanks to rising aviation process and improved operational efficiency, which pushed earnings per share from N0.34 to N6.60.
Transcorp Motels – 2,616% Development
Transcorp Motels transformed into Nigeria’s largest hospitality team. Its share ticket rose from N5.8 to N157.5, while putrid earnings expanded from N14 billion to N70.1 billion. Nowadays, the firm is valued at over a thousand million dollars.
Transnational Corporation (Transcorp) – 2,594% Development
The parent firm, Transcorp, additionally performed remarkably. Its share ticket climbed from N1.52 to N40.95, fueled by glean performance in vitality and hospitality sectors. The conglomerate grew to turn out to be one among the market’s strongest long-term winners.
Wema Monetary institution – 1,790% Development
Wema Monetary institution delivered spectacular returns, rising from N1 to N18.9 per share. Its interest income grew merely about tenfold, and complete property expanded from N396.7 billion to N3.59 trillion. The bank’s level of interest on digital banking additionally bolstered investor self belief.
Eunisell Interlinked – 1,632% Development
Operating in electrical manufacturing, Eunisell Interlinked’s share ticket rose from N4.21 to N72.9. Most gains got here between 2023 and 2025 as a result of glean depend on for industrial cables, transformers, and formulation.
Vitafoam Nigeria – 1,525% Development
Vitafoam moved from N5.41 to N87.9 per share. Income grew from N17.2 billion to N82.6 billion, pushed by current growth across its product traces and an even bigger share of the actual person items market.
NASCON – 1,505% Development
Section of the Dangote Community, NASCON’s shares surged from N6.22 to N99.8. Income rose 744 p.c, and catch income jumped from N2.1 billion to N15.6 billion. Its seasoning and salt products continue to be family staples nationwide.
