A total of 10 previously passive publicly listed companies delivered a year-to-date (YTD) return of an average of 274 per cent as of February 20, delivering a total with a combined market capitalisation of N203 billion.

The top 10 best performing firms are Zichis Agro-allied Company, Scoa Plc, RT Briscoe, Deap Capital Management and Trust, as well as Neimeth. Others are NCR, DAAR COMM, MCNICHOLS, Omatek, Multiverse Mining and Exploration.

Data from the Nigerian Exchange Limited (NGX) as of Friday showed that newly-listed Zichis Agro-Allied Industries continued to dominate the price movement chart.

Since its listing on January 20, Zichis has surged 772.36 per cent from N1.99 kobo, making it the best-performing stock on the Exchange within the period.

The company’s market capitalisation currently stands at approximately N10.4 billion.

Similarly, SCOA Nigeria Plc, which emerged as another top performer, has risen to N38.15 kobo per share from an opening price of N7.10 kobo as of January 2026, translating to a 437 per cent year-to-date gain and a 156 per cent surge in the past four weeks. As of February 2025, Scoa share price was N3.44 kobo.

The improved performance has pushed its market capitalisation to N24.8 billion. As of February 2025, the share price was N3.44 kobo.

RT Briscoe Plc, with a market capitalisation of N16.2 billion, closed at N13.80 kobo after gaining 294 per cent YTD, having commenced the year at N3.50. The stock price was N2.55 kobo as of February 2025.

Also, Deap Capital Management & Trust Plc settled at N7.62 kobo, giving it a market capitalisation of N11.4 billion and a YTD return of 301 per cent from N1.90 kobo.

DAARCOMM closed its trading on Friday, February 18, at N2.66 kobo, recording a 186 per cent surge with market capitalisation of N31.9 billion. The company began the year at 93 kobo.

McNichols closed at N8.90 kobo, up 172 per cent from a year-opening price of N3.27 with a market capitalisation of N9.94 billion. The stock price was N1.70 kobo as of February 2025.

NCR Nigeria closed the week at N199 per share. The stock began the year at N72.70 and has rallied 174 per cent year-to-date, with a market capitalisation of N21.5 billion.

Morison Industries ended at N12.07, up 134 per cent year to date from N5.15, with a market capitalisation of N15.2 billion, buoyed by significant revenue growth and a return to profitability in its 2025 performance.

Neimeth International Pharmaceuticals closed at N12.45 kobo, representing a 115 per cent rise from N5.80 and a market capitalisation of N53.2 billion, supported by institutional interest and expectations around operational expansion, though moderated by intermittent profit-taking.

Omatek Ventures Plc closed at N2.90 kobo, representing a 157 per cent increase from N1.13, despite recent pullbacks, with a market capitalisation of N8.53 billion, as heavy trading volumes and speculative demand fuelled the rally on the exchange.

Operators noted that while individual corporate developments such as earnings turnarounds, strategic MoUs and improved governance have underpinned parts of the rallies, bullish market sentiments with rising ;liquidity, increased investors participation occasioned by investor participation, occasioned by macroeconomic reform, have had a positive impact on companies’ performance, both the mid- and small-cap stocks.