Top 10 Nigerian Stocks With The Largest Beneficial properties in October 2025
October 2025 used to be a accept month for the Nigerian stock market. On common, the price of all listed companies increased by 8%, with merchants seeking and selling over 12 billion shares all over the market at some level of the month. In utterly different phrases, the market used to be abuzz, and extra people attach their money to work, with costs rising all over the board.
The use of unswerving NGX data, we examined how listed Nigerian stocks conducted in October and ranked them in step with which stocks provided the most obligatory returns to merchants. Right here’s a list of the terminate 10 Nigerian stocks that made the most money for merchants in October.
10. Vitafoam Nigeria Plc
Vitafoam rounded out October’s top 10 performers with a accept 17.8% assemble. The stock began the month at ₦Seventy nine.80 and finished at ₦94 per half, with over 32 million shares traded — proof that merchants had been actively seeking the stock.
After a unruffled initiate, the price picked up prance within the third week, mountain climbing 7.4%, and persisted to rise within the fourth, including one more 8%.
The surge comes on the back of accept earnings: the firm posted a ₦7.3 billion earnings earlier than tax for the three months ending September 2025, practically double what it made a twelve months within the past. Beefy-twelve months pre-tax earnings jumped to ₦21.2 billion, attributable to booming gross sales. No shock Vitafoam shares have already soared over 300% in 2025; October used to be simply one more step in that upward pattern.
9. PZ Cussons Nigeria Plc
PZ Cussons rewarded merchants with a 20.3% assemble in October. The stock began the month at ₦34.50 and closed at ₦41.50, with over 110 million shares traded, extra than double the enlighten considered in September, indicating important investor curiosity.
It hovered over 20% within the first week, cooled off a small bit within the center of the month, then finished accept.
The jump follows a rare turnaround in earnings, with PZ Cussons swinging from a ₦5.22 billion loss to a ₦21.5 billion earnings twelve months-on-twelve months, with earnings up forty eight% to ₦59 billion, boosted by increased gross sales, gains from asset gross sales, and decrease curiosity costs.
8. Wema Bank Plc
Wema Bank bounced back in October, mountain climbing 20.3%. The stock began at ₦17.70 and ended the month at ₦20.forty five, with over 372 million shares traded — a important turnaround after a rough September, at some level of which it dropped by extra than 12%.
Plenty of the month saw staunch gains, but the fourth week gave the most substantial enhance, pushing the price previous ₦20.
The rally reflects Wema’s accept efficiency on the books: in nine months, pretax earnings jumped 142% to ₦146.4 billion, whereas curiosity earnings rose 73% to ₦397 billion, attributable to increased lending and improved returns.
7. SFS REIT
SFS REIT delivered a 20.8% assemble in October. The belief began the month at ₦346.55 and closed at ₦418.75, with over 491,000 devices traded.
October marked its third straight month of suppose after a flat July, making it regarded as one of many most fixed performers on the market.
The accept bolt mirrors its accept earnings: accumulate earnings for the quarter ended September rose to ₦252.8 million from ₦208.5 million, attributable to staunch rental earnings and mounted-earnings returns.
To this level this twelve months, SFS REIT has been a winner for merchants, up 133% in 2025, and October simply kept the momentum going.
6. MTN Nigeria
MTN Nigeria rewarded merchants with a 23% assemble in October. The stock climbed from ₦425 on the initiate of the month to ₦520, procuring and selling step by step increased each week, with over 59 million shares altering fingers. The superb jumps came within the second week (+10.8%) and the fourth week (+8.6%).
The surge reflects MTN’s spectacular turnaround: the telecom broad posted a ₦1.12 trillion pre-tax earnings for the nine months ending September 2025, bouncing back from a ₦713.6 billion loss the twelve months earlier than. Earnings reached ₦3.73 trillion, with data services and products by myself contributing over half (₦1.97 trillion) to the complete.
5. Dangote Cement Plc
Dangote Cement came in fifth, giving merchants a 25.7% assemble in October. The stock climbed from ₦525 to ₦660, with about 60 million shares traded. The price rose step by step each week, peaking at around ₦665, earlier than dipping a small bit within the final week.
The rally mirrors accept efficiency on the books: pretax earnings for the nine months ending September jumped 156% to ₦1.04 trillion, driven by booming Nigerian operations. Earnings moreover increased by 23% to ₦3.15 trillion, with local gross sales reaching ₦2.18 trillion and volumes reaching 13.2 million tonnes.
4. Aradel Holdings Plc
Aradel Holdings took fourth location, giving merchants a 27.2% return in October — the most clear-cleave oil and gasoline firm within the terminate ten. The stock rose from ₦615 to ₦782, with over Seventy nine million shares traded. Plenty of the gains came within the fourth week, which saw a 25% jump.
The surge follows accept firm results: for the nine months ending September, pre-tax earnings climbed 57% to ₦300.7 billion, whereas earnings jumped 43% to ₦538.8 billion attributable to increased shameful and gasoline manufacturing.
3. Sovereign Have confidence Insurance Plc
Sovereign Have confidence Insurance rewarded merchants with a 30% assemble in October — the most clear-cleave insurer within the terminate ten. The stock jumped from ₦3.00 to ₦3.90, with 387 million shares traded. It posted weekly gains for many of the month, with the second week by myself including over 16%.
The enhance comes after accept results: earnings for the quarter ending September rose 20% to ₦40.1 billion, whereas pre-tax earnings hit ₦301.6 million.
2. Eunisell Interlinked Plc
Eunisell Interlinked took second location, surging 49.4% in October. The stock jumped from ₦39.50 to ₦59.00, with about 14 million shares traded. It won per week, breaking ₦57 within the second-to-closing week and maintaining staunch above ₦59 by the end of the month.
The rally mirrors its accept results: for the monetary twelve months ending September, earnings rose to ₦445 million from ₦360.5 million, whereas pretax earnings hit ₦115.3 million.
It’s been a stellar twelve months for Eunisell, already up 206% in 2025, and October simply added extra gasoline to the fireplace.
1. Aso Financial savings and Loans Plc
Aso Financial savings and Loans topped October’s checklist, doubling merchants’ money with a 106% assemble. The stock jumped from ₦0.50 to ₦1.03, with 137 million shares traded. Plenty of the motion came within the closing two weeks, when the price broke above ₦1.00 and held company to conclude the month at ₦1.03.
The rally reflects accept results: in its second quarter ending June 2025, Aso Financial savings reported ₦479 million in curiosity earnings and a ₦20.9 million pre-tax earnings.
It’s been an dazzling twelve months; the stock has already climbed 106% in 2025, and October simply crowned it the market leader.
Final analysis
October 2025 confirmed that some stocks had been serious money-makers. Whether it used to be established giants fancy MTN and Dangote Cement or like a flash-risers fancy Eunisell and Aso Financial savings, merchants who picked the comely stocks had been generously rewarded. It moreover presentations that retaining an survey on earnings, sector dispositions, and fixed performers pays off, even in a market that can per chance well basically feel unpredictable.
Disclaimer: This article is for informational functions simplest and doesn’t constitute monetary recommendation. Past efficiency of any stock or funding doesn’t direct future results. Always originate your bear learn or consult a talented earlier than making funding choices.
