NGX penny stocks: The risky bet that might pay off again this September 

As of August 2025, your N1 million bet on Nigeria’s penny stocks at the start of the year could have doubled or even quintupled.   Mutual Benefits Assurance, ABC Transport, Smart Products, AIICO Insurance, McNichols Plc, Sovereign Trust Insurance, and Royal Exchange all delivered gains that turned N1 million into between N2 million and N5 million.   […]

The post NGX penny stocks: The risky bet that might pay off again this September  appeared first on Nairametrics.

  • Related Posts

    CBN’s First Rate Cut Since COVID Tests Fragile Stability

    After four years of unrelentless monetary tightening, the Central Bank of Nigeria has finally blinked – cutting its benchmark rate for the first time since COVID-19, in a move that…

    Ossiomo Power and the Politics of Edo

    Adibe Emenyonu examines the political intrigues behind the shutdown of Ossiomo Power in Edo State, exploring the causes, consequences, and unfolding aftermath Ossiomo Power, a 95 MW gas-fired plant located in…

    Leave a Reply

    Your email address will not be published. Required fields are marked *

    This site uses Akismet to reduce spam. Learn how your comment data is processed.

    Business & Economy

    CBN’s First Rate Cut Since COVID Tests Fragile Stability

    Ossiomo Power and the Politics of Edo

    Dangote Refinery resumes PMS sales in naira

    JUST IN: Dangote Refinery announces resumption of petrol sales in Naira

    JUST IN: Dangote Refinery announces resumption of petrol sales in Naira

    Capital Gains Tax will boost investors’ confidence – Taiwo Oyedele  

    Africa Food Prize: IITA celebrates Nigerian scientist’s breakthrough in cassava, yam innovation

    Africa Food Prize: IITA celebrates Nigerian scientist’s breakthrough in cassava, yam innovation

    Dangote responds as PENGASSAN threatens major disruption of refinery

    Dangote responds as PENGASSAN threatens major disruption of refinery

    PenCom expands investment options, caps corporate exposure at 25%

    PenCom expands investment options, caps corporate exposure at 25%

    Dangote Refinery rejects PENGASSAN move to halt gas supply

    Visa restriction lifted: U.S. restores Ghana visa validity to 5 years 

    Top 10 African cities with highest number of luxury hotel projects  

    Unity Bank says existing shareholder bought AMCON’s 34% stake

    Airtel, MTN push Nigeria’s mobile subscriptions to 171.3 million in August

    PENGASSAN orders halt of gas supply to Dangote Refinery

    Top Electric Vehicle Companies assembling in Nigeria and their owners

    Best performing Nigerian stocks for the week

    Ease of doing business in Nigeria hampered by CAC inefficiency

    Nigerian crude oil hits $70/barrel amid global tensions

    GDP Rises, Rates Fall: Why Nigerian Businesses Struggle While Exporters Cash In – Drinks and Mics 

    Capital Market professionals commiserate with United Capital Group, families of fire victims 

    Ecobank Group exits Mozambique, completes sale of subsidiary to Malawian lender

    Ecobank Group exits Mozambique, completes sale of subsidiary to Malawian lender

    FCMB extends Q3 2025 results filing, shifts October 30 deadline

    NEPZA woos U.S. investors to boost Nigeria’s free trade zones 

    Ecobank finalizes Mozambique exit with sale to FDH Bank Plc 

    NEITI calls for urgent reform of Nigeria’s solid minerals sector

    NEITI calls for urgent reform of Nigeria’s solid minerals sector

    FAAN to enforce cashless transactions at Lagos, Abuja airports

    FAAN to enforce cashless transactions at Lagos, Abuja airports

    PenCom raises capital requirement for PFAs to N20 billion

    Naira strengthens to N1,480/$1, best performance in nine months 

    Unity Bank’s merger with Providus receives shareholders’ approval

    Unity Bank’s merger with Providus receives shareholders’ approval

    NNPC posts N539 billion net profit in August

    NNPC posts N539 billion net profit in August

    Dangote Refinery sacks workers, gives reasons

    Dangote Refinery sacks workers, gives reasons

    Dangote Refinery dismisses mass layoffs reports, says company is reorganising operations 

    Detty December: Short stay apartments prices skyrocket ahead of festive rush  

    Providus Bank, Unity Bank receive shareholder approval for merger

    Billionaire Pinault Family to cut expansion plans as debt hits $8.3 billion 

    Afam 2 Power Plant adds 160MW to national grid, says Sahara Group