Nigeria continues to show sustained growth in the tech and financial sectors, reflected in the stock dynamics on the Nigerian Exchange (NGX). This article presents an overview of the ten best tech stocks on the exchange and their recent achievements.
Overview of Tech Stocks
The tech sector in Nigeria inspires investors, with companies utilizing innovative approaches to increase their financial performance. The Nigerian Exchange serves as a primary indicator for investors, and many companies in the banking, telecommunications, and financial sectors have continued to strengthen their positions by significantly increasing capital through digitization.
Top 10 Stocks
As of July 17, 2025, the following ten top stocks are listed on the Nigerian Exchange:
1. **Airtel Africa - N2,310.5/share** The most valuable telecommunications company, with a market capitalization of **N8.6 trillion**.
2. **MTN Nigeria - N400/share** Market valuation of **N8.3 trillion**, with a 14.2% increase over the month.
3. **GTCO - N101.1/share** Market valuation of **N3.6 trillion**, became the first banking stock to surpass N100 per share.
4. **Stanbic IBTC - N99.50/share** Market capitalization of **N1.5 trillion**, with an 18.38% increase in the past month.
5. **Zenith Bank - N76/share** Market capitalization of **N3.12 trillion**, increasing by 55.2% over recent months.
6. **Nigerian Exchange Group - N68/share** Market valuation of **N133.5 billion**.
7. **UBA PLC - N50/share** Market capitalization of **N2.05 trillion**, with a 38.8% growth over recent days.
8. **First HoldCo PLC - N35.4/share** Market valuation of **N1.48 trillion**, with prices fluctuating significantly in recent months.
9. **Access Holdings PLC - N28.5/share** Market capitalization of **N1.51 trillion**, with a 39% increase over the last 30 days.
10. **Fidelity Bank PLC - N22.45/share** Market capitalization of **N1.12 trillion**, with active growth through public offer.
Conclusion
Financial institutions account for 80% of this list, highlighting their appeal to investors. The thriving tech sector and the capacity to raise capital through public offerings and rights issues showcase Nigeria's economic growth.
Thus, the abundance of successful tech stocks on the Nigerian Exchange serves as a testament to the growth of the financial and technological landscape of the country.
