The 10 Best-Performing Stocks on the NGX in H1 2026

The Nigerian Exchange closed the first half of 2026 on a strong note, rewarding investors with major capital gains as stocks across different sectors recorded sharp price growth.

By June 30, 2026, the NGX All-Share Index had risen by 47.43 percent, adding more than 72,900 points to close at 229,419.18. Market capitalisation also climbed from ₦99.94 trillion at the beginning of the year to ₦147.22 trillion, giving investors about ₦47.27 trillion in capital gains.

The rally was not only driven by large-cap stocks. Some of the biggest returns came from mid-cap and smaller companies, showing how investors moved strongly into stocks with turnaround stories, improved earnings, resumed operations and renewed market interest.

Zichis Agro Allied Industries Plc

Zichis Agro Allied Industries Plc led the pack in H1 2026 with a massive gain of 1,116.08 percent. The company’s share price rose sharply to ₦24.20 by the end of June, making it one of the biggest stories on the NGX during the period.

Stronger earnings supported the company’s rally. In its Q1 2026 results, Zichis reported pre-tax profit of ₦241.4 million, compared with ₦30.5 million in the same period of 2025. Revenue also jumped to ₦420 million, driven by stronger output from eggs, feed mill products and palm oil products.

SCOA Nigeria Plc

SCOA Nigeria Plc was another major winner, rising by 365.49 percent in the first half of the year. The company’s share price moved from ₦7.10 at the beginning of the year to ₦33.05 by the end of June.

The company, which operates in vehicle distribution, leasing and maintenance, returned to profitability in Q1 2026. Revenue rose by 119 percent to ₦738 million, while profit after tax stood at ₦27.7 million, compared with a loss of ₦304 million a year earlier.

Fortis Global Insurance Plc

Fortis Global Insurance Plc gained 350 percent in H1 2026. The insurance company’s share price rose from ₦0.22 at the beginning of the year to ₦0.99 by the close of trading on June 30.

The company recorded a major rise in insurance revenue, which increased to ₦445.98 million from ₦31.37 million in Q1 2025. However, higher administrative and financial costs continued to put pressure on profitability, as the company still posted a wider after-tax loss.

Union Dicon Salt Plc

Union Dicon Salt Plc also delivered a strong return, gaining 239.29 percent in the first half of the year. Its share price rose from ₦7 at the start of the year to ₦23.75 by the end of June.

The company resumed core business activity and generated ₦8.52 million from salt sales in Q1 2026. However, it still recorded a loss of ₦8.37 million for the period, compared with a profit of ₦26.27 million in Q1 2025.

R.T. Briscoe Plc

R.T. Briscoe Plc was among the top-performing stocks, rising by more than 215 percent in H1 2026. The company’s share price closed at ₦9.95 by the end of June, after starting the year at ₦3.50.

The company’s Q1 2026 numbers gave investors a strong reason to pay attention. Revenue rose by 85 percent to ₦15.33 billion, while profit for the period increased to ₦718.7 million from ₦197.3 million a year earlier.

Red Star Express Plc

Red Star Express was also one of the notable performers in 2026. The logistics company had earlier ranked among the strongest year-to-date gainers on the NGX, supported by renewed investor interest and improved earnings. As of May 26, it had returned 291 percent year-to-date, according to market data compiled by Nairametrics.

By June 25, NGX daily market data showed Red Star Express trading at ₦24.55, confirming that the stock remained one of the watched service-sector names heading into the end of the half-year.

John Holt Plc

John Holt Plc also featured among the stocks that attracted strong investor attention in 2026. The company had delivered a 284 percent year-to-date return as of May 26, helped by better revenue and a return to pre-tax profit.

The company’s improvement came after it posted a pre-tax profit of ₦63 million, compared with a loss of ₦162 million a year earlier, while revenue rose 126 percent year-on-year to ₦1.2 billion.

Premier Paints Plc

Premier Paints Plc also joined the group of high-return stocks in 2026. The stock had gained 275 percent year-to-date as of May 26, after trading activity resumed and investor sentiment improved.

Its rally was supported by renewed market activity after the Nigerian Exchange lifted a suspension that had been placed on the company’s shares in July 2022.

Berger Paints Plc

Berger Paints Plc was another strong performer, helped by sustained buying interest in industrial goods and building materials stocks. As of May 26, the stock had delivered a 208 percent year-to-date return.

By June 25, NGX daily market data showed Berger Paints trading at ₦147.60, keeping it among the high-priced gainers within the industrial goods segment.

Chemical and Allied Products Plc

Chemical and Allied Products Plc also ranked among the strong performers of 2026. The stock had returned 188 percent year-to-date as of May 26, rising from ₦69 at the start of the year to ₦199 at that point.

The company benefited from steady investor demand as market sentiment improved around listed industrial and consumer-linked stocks.

What the H1 Rally Means

The performance of these stocks shows that the NGX rally in H1 2026 was broad, but it was not evenly spread. Investors rewarded companies with strong earnings recovery, resumed operations, sector momentum or renewed market activity.

However, the sharp rise in some smaller stocks also shows the need for caution. Not every rally is backed by strong fundamentals. Some gains may be driven by speculation, low liquidity or short-term trading momentum.

For investors, the message from H1 2026 is clear: the Nigerian stock market created major wealth in the first six months of the year, but the biggest winners were not only the market’s biggest companies. Mid-cap and smaller listed stocks became some of the strongest drivers of returns, showing that opportunity on the NGX can come from unexpected corners.