Nigeria’s equities staged their most robust rally in nearly two decades in 2025, with consumer goods stocks emerging as the standout driver of returns as investors rotated into sectors resilient to currency volatility and macroeconomic headwinds.
The NGX Consumer Goods Index, a gauge of shares in leading fast-moving consumer goods (FMCG) and related companies, delivered a 129.6 percent total return last year, more than doubling the gain in the broader market and outperforming every other sector on the Nigerian Exchange (NGX).
That perform
