Nigerian billionaires gained a staggering ₦11.36 trillion from stock-market investments in 2025, driven by one of the strongest years for the Nigerian Exchange (NGX) in nearly two decades. The All-Share Index surged 51.19%, closing above 155,000 points.
Top beneficiaries include:
Abdul Samad Rabiu – BUA Foods
Aliko Dangote – Dangote Group companies
Jim Ovia – Access Holdings
Femi Otedola – energy and financial holdings
Tony Elumelu – Heirs Holdings
Mike Adenuga – only billionaire with net stock losses due to Conoil Plc
Analysts attribute the rally to strong corporate earnings, economic reforms, and renewed investor confidence, particularly in banking, cement, and consumer goods sectors.
The gains highlight how Nigeria’s richest investors benefited from select high-performing stocks, while also signaling strong momentum for the capital market heading into 2026. Visit www.jocomms.com for more news.
