When it comes to investing in Nigerian stocks, there’s a lot of potential to tap into, especially with the Nigerian Stock Exchange (NGX) continuing to grow. So, if you’re thinking about the top 10 stocks to buy in Nigeria for 2025, you’re in the right place.
By focusing on strong market performance, solid financials, and growth prospects, these are the stocks you should keep an eye on this year.
1. SCOA Nigeria Plc
SCOA Nigeria Plc has been doing incredibly well, with a year-to-date return of 97.57% in January 2025.
The company’s involvement in various industries, including automobiles, power, and food production, puts it in a good position for continued success. This diverse approach makes SCOA a solid pick for anyone looking for the best stock to buy in Nigeria right now.
2. Honeywell Flour Mills Plc (HONYFLOUR)
Honeywell Flour Mills is another standout. The company saw a 52.1% gain in January 2025, and it’s clear why: a 239% increase in pre-tax profit and a 123% rise in revenue are impressive indicators of its strong position in the market.
If you’re asking yourself which stock is best to buy now in Nigeria, Honeywell is definitely one to consider.
3. University Press Plc (UPL)
University Press Plc has been steadily growing, with a 45.45% rise in January 2025 alone. It’s even bounced back to profitability with a pre-tax profit of N798 million, which is a huge improvement.
With this momentum, it’s quickly becoming one of the best stocks to buy today in Nigeria if you’re looking for something with long-term potential.
4. Oando Plc
Oando Plc has been seeing remarkable growth—its stock price has increased by 329.78% over the past year.
This growth makes it an attractive option for investors who want exposure to the energy sector. Oando’s strategic initiatives suggest it will continue to perform well, making it one of the Nigerian stocks to buy for 2025.
5. Zenith Bank Plc
Zenith Bank Plc is known for its stability, and that’s exactly what investors are looking for. With a net income of N676.6 billion and a dividend yield of 12.27% in 2023, Zenith is one of the safest bets for anyone looking for consistent returns.
If you’re after the best stock to buy in the Nigerian stock exchange, Zenith Bank is definitely a strong contender.
6. United Bank for Africa Plc (UBA)
UBA is another bank that has been performing well, reporting a net income of N607.7 billion in 2023 and offering a dividend yield of 11.89%.
The bank’s presence across Africa means it has a lot of room for growth, and its strong performance puts it among the top 10 stocks to buy in Nigeria for 2025.
7. Presco Plc
Presco Plc, a leader in oil palm cultivation, is a top pick in the agribusiness sector. It offers a healthy dividend yield of 9.84% and a solid net income of N32.7 billion in 2023.
For those looking to invest in a growth sector like agriculture, Presco is one of the stocks to buy now in Nigeria.
8. Guaranty Trust Holding Company Plc (GTCO)
Guaranty Trust Holding Company Plc (GTCO) has built a reputation for strong financial performance, offering a dividend yield of 9.79% for 2023.
With its diverse portfolio and reliable market presence, GTCO continues to be a strong best stock to buy in Nigeria stock exchange for those seeking stability and growth.
9. Nestlé Nigeria Plc
Nestlé Nigeria Plc remains a reliable and stable option for investors. While the company’s growth may not be as explosive as others, its reputation for quality and its strong market position in the consumer goods sector ensure consistent returns.
It’s a solid choice for anyone looking for the best stock to buy in Nigeria for 2025.
10. MTN Nigeria Communications Plc
MTN Nigeria Communications Plc is a major player in the Nigerian telecommunications market. With its large customer base and expanding network, MTN remains a top pick for investors.
If you’re after stocks to buy now in Nigeria, MTN should definitely be on your list.
Wrap-Up
As you look at the top 10 stocks to buy in Nigeria for 2025, you’ll see a variety of companies that offer both growth potential and stability.
Stocks like SCOA Nigeria, Honeywell Flour Mills, and University Press are making big strides, while others like Zenith Bank, UBA, and Presco provide consistent returns and strong market positions.
Whether you’re looking to grow your wealth or enjoy reliable dividends, these Nigerian stocks to buy will give you plenty of options to consider this year. Just be sure to stay informed and align your investments with your financial goals.
Article updated 3 weeks ago. Content is written and modified by multiple authors.
