In the first half of 2026, the Nigerian Exchange (NGX) delivered a strong performance, advancing by 47.43 percent. The NGX All-Share Index added more than 72,900 points to close at 229,419.18 on June 30.
Over the six months, investors booked a substantial capital gain of N47.27 trillion, with market capitalisation rising from N99.94 trillion at the start of the year.
On Tuesday, June 30, 2026, the All-Share Index added 1,052.86 points (+0.46 percent) to close at 229,419.18. Market capitalisation rose by N675.62 billion to N147.22 trillion. Market breadth was negative: 21 stocks advanced, 35 declined, and 90 closed unchanged.
During the first six months, while several large-cap stocks posted solid gains, the standout performers during the period were predominantly mid-cap companies, which led the market’s momentum with outsized returns.
Here are the top 10 best-performing stocks in the NGX for H1 2025
Zichis Agro Allied Industries Plc – 1116.08%
Zichis Agro-Allied Industries Plc is an integrated Nigerian agribusiness company that delivered a standout performance in H1 2026, with its share price soaring 1,116.08 percent from N1.09 to N24.2 by the end of June.
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The stock’s sharpest rally came in May, when it surged 3601.8 percent following the release of its Q1 2026 results.
In its Q1 2026 financial results, the company reported a pre-tax profit of N241.4 million, a sharp increase from N30.5 million recorded in the corresponding period of 2025.
This is according to its unaudited financial statement for the period ended March 31, 2026, which the company filed with the Nigerian Exchange on Thursday, April 23, 2026.
The performance was driven largely by a surge in revenue, which rose to N420.0 million, representing a 256% year-on-year increase from N118.1 million recorded in Q1 2025.
The strong topline growth was underpinned by higher output across key product segments, particularly eggs, feed mill products, and palm oil products, all of which recorded significant gains during the period.
S C O A Nigeria. Plc – 365.49%
S C O A Nigeria, which specialises in distributing, maintaining, and leasing motor vehicles, experienced a 365.4 percent increase in its share price during the first half of 2026.
The stock moved from a N7.1 per share price at the start of the year to N33.05 at the end of June.In H1 2026, the company reported a turnaround in profitability for the first quarter of 2026.
The company generated revenue of N738 million, a substantial 119 percent increase compared to the N337 million recorded in Q1 2025. This top-line growth translated into a significant improvement in profitability, with the company posting a Profit After Tax of N27.7 million a stark contrast to the loss of N304 million in the same period last year. Consequently, Earnings Per Share (EPS) improved to N0.01 from a loss per share of N0.29 in Q1 2025.
Fortis Global Insurance Plc – 350%
Fortis Global Insurance Plc, a technology-driven Nigerian insurance company offering life and non-life insurance, grew its share price by 350 percent in six months.
The company’s share price rose to N0.99 as at the close of trading on Tuesday, June 30, from N0.22 as at the beginning of the year.
The company experienced a surge in top-line performance, with insurance revenue skyrocketing by 1,322 percent to N445.98 million, compared to just N31.37 million in Q1 2025. The insurance service result also remained positive at N191.00 million.
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However, profitability was severely impacted by escalating costs. Administrative expenses increased by 172 percent to N500.18 million, with net finance expenses from insurance contracts significantly impacting the bottom line. Consequently, the company reported a net loss after tax of N576.50 million, a significant widening from the N103.47 million loss recorded in the same quarter of the previous year. Basic earnings per share (EPS) subsequently declined to (0.18) kobo.
Union Dicon Salt Plc – 239.29%
Union Dicon Salt Plc., the manufacturer of seasonings in the consumer goods sector, grew its share price by 239.29 percent in H1.
The company’s share price rose to N23.75 as of the close of trading on Tuesday from N7 reported on January 2nd.