PositiveNaija presents the top gainers of the 2025 Week 50 Nigerian Stock Exchange (NSE) Market for up-to-date decision-making on investing.

Week 50 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 |
| MORISON INDUSTRIES PLC. | 32.49% | ₦4.69 | – | – |
Rising demand lifts Morison’s revenue by 98%, but losses persist
|
| MECURE INDUSTRIES PLC | 27.35% | ₦37.95 | – | – |
MeCure Industries Plc launches ₦10 billion commercial paper at 21% yield
|
| JAPAUL GOLD & VENTURES PLC | 26.67% | ₦2.66 | 18.07x | 8.7% |
Japaul Gold reshuffles board, gets new chair
|
| SOVEREIGN TRUST INSURANCE PLC | 17.24% | ₦3.40 | 38.01x | 8.2% |
Sovereign Trust Insurance to raise ₦5bn through Rights Issue
|
| P Z CUSSONS NIGERIA PLC. | 16.19% | ₦47.00 | 6.44x | – |
PZ Cussons drops Africa exit plan, cites Nigeria’s recovery, growth
|
| THE INITIATES PLC | 14.86% | ₦12.75 | 3.60x | 95.1% |
The Initiates Plc: Profit on track for ₦2 billion, dividend may double in 2025
|
| MCNICHOLS PLC | 13.46% | ₦2.95 | 12.78x | 31% |
McNichols Plc (MCNICH.ng) Q32025 Interim Report
|
| NPF MICROFINANCE BANK PLC | 13.14% | ₦3.10 | 6.47x | 22.1% |
NPF Microfinance Bank Plc (NPFMCR.ng) Q32025 Interim Report
|
| MTN NIGERIA COMMUNICATIONS PLC | 12.98% | ₦531.70 | 11.28x | 590% |
Stock Market Appreciates by ₦111bn on Demand for MTN Nigeria
|
| BERGER PAINTS PLC | 11.87% | ₦40.05 | 8.98x | 34.4% |
Berger Paints H1 profit rises 600% on strong revenue growth, cost efficiencies
|
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).
