Top 5 Nigerian Stocks to Watch This Week: Dangote Sugar, Fidelity Bank, GTCO, May & Baker, and Presco
Nigeria’s stock market continues to present opportunities for investors looking for strong growth and promising returns. This week, five companies stand out as potential stocks to watch, each showing unique financial performance and growth potential. From banking to manufacturing and agriculture, these companies highlight the diversity and resilience of Nigeria’s corporate landscape.
Dangote Sugar Refinery Plc, trading at N66.60 on the Nigerian Exchange (NGX), has experienced a mixed financial performance. Revenue grew 29.3% in the first nine months of 2025, thanks to higher product prices and ongoing backward integration projects. Despite a net loss of N10.6 billion, the company has significantly reduced losses compared to last year and maintains strong brand recognition and market leadership in Nigeria’s sugar sector.
Fidelity Bank Plc continues to demonstrate a solid growth trajectory. With gross earnings rising 46% to N748.71 billion in H1 2025, driven by higher interest income and FX gains, the bank still faced a 17.22% drop in profit after tax due to higher operating costs. Analysts remain optimistic, citing improved asset quality, a low non-performing loan ratio of 1.88%, and an expanding digital ecosystem as key reasons to consider Fidelity Bank a “buy.”
Guaranty Trust Holding Company (GTCO) Plc, trading at N98.50, posted a 35.5% year-on-year decline in post-tax earnings in the first nine months of 2025. The drop was driven by lower non-interest income. However, GTCO’s strong operational efficiency, brand reputation, and consistent shareholder returns give analysts confidence. Target prices range from N110 to N126.71, indicating a potential upside of up to 41.57%.
Meanwhile, May & Baker Nigeria Plc and Presco Plc are showing impressive growth in their respective sectors. May & Baker, trading at N43.50, reported a 77% increase in net profit, supported by higher sales and tighter cost management. Presco, trading at N1,635.00, saw revenue surge 113.5% due to higher product prices and better agricultural yields. Both companies are praised by analysts for strong operational efficiency, improving margins, and sustained cash generation, making them attractive options for investors seeking growth stocks.
With these five Nigerian companies showing strong performance across different sectors, investors have a mix of high-potential options to explore. Whether looking for stable banking stocks or high-growth industrial and agricultural plays, these companies represent promising opportunities for those following the Nigerian stock market.
source: leadership