PositiveNaija presents the top gainers of the 2025 Week 49 Nigerian Stock Exchange (NSE) Market for up-to-date decision-making on investing.

Week 48 Nigerian Stock Exchange Market Top Gainers Index (2025)
| Top gain shares /stocks | Percentage gain increase (%) | Closing price (₦) | Price-to-earnings ratio (P/E ratio) |
Return on equity (ROE) |
News |
| NCR (NIGERIA) PLC. | 33.03% | ₦72.70 | 10.91x | – | NCR Nigeria Plc shares surge more than 60 percent in November |
| U A C N PLC | 22.69% | ₦96.80 | 37.58x | 11.9% | UACN explains motive for ₦182 billion CHI Acquisition deal at analyst briefing |
| GUINNESS NIG PLC | 18.56% | ₦198.00 | 8.96x | 318.8% | Guinness Nigeria shares jump 41% in September, eye best year ever |
| DANGOTE CEMENT PLC | 15.02% | ₦614.90 | 10.77x | 42.8% | Dangote Cement opens ₦100 billion commercial paper offer at yield of 17.50% and 19% |
| NIGERIAN BREW. PLC | 12.36% | ₦75.00 | 22.32x | 33% | Nigerian Breweries reaffirms commitment to fostering business growth of customers |
| SUNU ASSURANCES NIGERIA PLC. | 10.71% | ₦4.34 | 147.91x | 1.2% | SUNU Assurances appoints Roland Ouedraogo, Elie Ogounigni to Board of Directors |
| NIGERIAN EXCHANGE GROUP | 9.96% | ₦61.80 | 10.10x | 28.8% | NGX Group reports ₦5.7 billion Q3 2025 profit, declares interim dividend |
| MULTIVERSE MINING AND EXPLORATION PLC | 9.95% | ₦11.05 | 5.76x | 58.3% |
Multiverse Mining and Exploration Plc (MULTIV.ng) Q32025 Interim Report
|
| MORISON INDUSTRIES PLC | 9.94% | ₦3.54 | -154.37x | -3.1% |
Rising demand lifts Morison’s revenue by 98%, but losses persist
|
| SKYWAY AVIATION HANDLING COMPANY PLC | 9.74% | ₦88.45 | 13.91x | 25.9% |
SAHCO posts ₦31.7b revenue in nine months
|
Understanding different scenarios:
Use the PE ratio and ROE together. The PE ratio helps determine if a stock is overvalued, while ROE helps assess the quality of earnings and operational efficiency.
- High PE, High ROE: The stock may be expensive, but the strong profitability could justify the higher price.
- High PE, Low ROE: This combination is a warning sign, suggesting the stock may be overvalued and is not an ideal investment.
- Low PE, Low ROE: This could indicate a company is undervalued, but also potentially in decline. Further investigation is needed to understand why the ROE is low.
- Low PE, High ROE: Potential strong investment; an overlooked and highly efficient company.
Research Credits
*This compilation series was first researched, written, poster designed and last updated by Toju Micheal Ogbe.
*This weekly series is open for/to suggestion, donation, sponsorship, collaboration, partnership or advertisement (+2349064503292).
