Best Nigerian Stocks to Buy Now (October 2026)
These are the Nigerian Exchange (NGX) stocks Globfolio currently expects to rise, chosen by CoachOge using momentum, fair value and institutional buying. Each recommendation comes with a buy zone, a stop loss and a target, and every closed recommendation stays on our public track record, wins and losses.
Our current Nigerian stock picks
Members see each company's name and prices. Here's what's on the list right now:
- this telecoms stock and the case for patient capital
Telecoms, recommended 3 Oct 2026⚡ +36% upside to our target within 12–24 months. Members got this alert today.
- Why this cement stock made our NGX buy list
Cement, recommended 1 Oct 2026⚡ +38% upside to our target within 6–12 months. Members got this alert 2 days ago.
Recent Nigerian picks that hit their targets
| Stock | Recommended | Bought at | Closed at | Result |
|---|---|---|---|---|
| Demo Bank Plc DEMOBN | 5 Jul 2026 | ₦20.00 | ₦27.50 | +37.5% |
Across all 1 closed Nigerian picks: 100% won, an average gain of +37.5% on winners and +0.0% on losers. See every result.
NGX top gainers at the last close
Strong price moves often start here. A top gainer isn't automatically a buy: we look for stocks still below fair value, with buyers coming in, before recommending them.
| Stock | Close | Change |
|---|---|---|
| AIICO AIICO Insurance Plc | ₦4.18 | +10.0% |
| TRANSEXPR TRANSEXPR | ₦2.97 | +10.0% |
| LIVESTOCK Livestock Feeds Plc | ₦8.90 | +9.9% |
| LIVINGTRUST LivingTrust Mortgage Bank Plc | ₦3.45 | +9.9% |
| ABCTRANS Associated Bus Company Plc | ₦7.40 | +9.6% |
| UPL University Press Plc | ₦5.15 | +9.6% |
| FIDELITYBK Fidelity Bank Plc | ₦23.50 | +8.6% |
| UPDCBLS UPDC [BLS] | ₦3.95 | +5.3% |
| INTBREW International Breweries Plc | ₦10.00 | +4.7% |
| CONHALLPLC Consolidated Hallmark Holdings Plc | ₦7.44 | +4.5% |
How we choose the best Nigerian stocks to buy
- Momentum. The share price is rising on strong volume, a sign that investors are buying.
- Fair value. CoachOge's valuation model says the stock is still worth more than its price.
- Earnings and dividends. Profits are growing, and the business can keep paying or raising dividends.
- Institutional buying. Large investors are adding to their positions.
- A plan for every trade. A buy zone, a stop loss to limit losses, and a target to take profit, set before you buy.
How to buy Nigerian stocks
Open an account with a stockbroker licensed by the Securities and Exchange Commission, Nigeria (check the SEC's register), get your CSCS account number, fund the account in naira, and place your order on the NGX through the broker's app or by instruction. Compare brokers' commissions and fees before you start; small orders can be expensive if fees are high.
Frequently asked questions
What are the best Nigerian stocks to buy now?
Globfolio's current picks are listed above and updated as soon as we publish a new recommendation. Members see the company names, buy zones, stop losses and targets. Today's NGX top gainers are also shown above.
How do I buy shares on the Nigerian Exchange?
Open an account with an SEC-licensed stockbroker, get a CSCS account, fund it in naira, then buy through your broker. Shares are bought in units, and brokers charge commission and fees on each trade.
Are Nigerian stocks a good investment?
Nigerian stocks can grow your money faster than savings, and many pay dividends, but prices can fall as well as rise, especially when inflation, interest rates or the naira change. Invest only money you can leave invested for several years, and spread it across different stocks.
How much do I need to start investing in Nigerian stocks?
There is no fixed minimum on the NGX, but brokers may set one, and fees make very small trades costly. Many investors start with an amount they can add to every month.
Is this financial advice?
No. Globfolio publishes general research on stocks we expect to rise. It is not personal financial advice. Consider your own situation, and speak to a licensed adviser if you are unsure.
Get our next Nigerian stock pick the moment it's published
Members get every alert with the company name, buy zone, stop loss and target, plus the Chatroom and CoachOge's G30 portfolio.
Past performance does not guarantee future results. You can lose money investing. See our Risk disclosure. Also read: How to buy US stocks from Nigeria.