Nigerian Stocks Surge Over 1500% on NGX Since 2015
The Nigerian stock market, particularly the NGX, witnessed remarkable growth since 2015, with some stocks surging over 1500%. Companies like Presco PLC and Okomu Oil Palm stood out, with Presco's share price rising by 5818% and Okomu Oil Palm experiencing a 4508% jump.
NEM Insurance also recorded substantial gains, with a 3977% increase in share price. Additionally, Nigerian Aviation Handling Company (NAHCO) saw its share price rise by 2733%.
These performances reflect the strong growth potential and investment opportunities in the Nigerian market.
Plus234Feed summary based on reporting from Business Day. Read the original report below.
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