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.

  Business   Sep 3, 2025   0   22  Add to Reading List
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.

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