NGX Healthcare Firms Surge 220.9% to N466.73B Market Cap
Healthcare companies listed on the Nigerian Exchange closed 2025 with a combined market capitalization of N466.73 billion, a 220.9% increase from N145.4 billion in 2024. This represents 0.47% of the total Nigerian Exchange market valued at N99.38 trillion. Four pharmaceutical firms delivered returns exceeding 100% in 2025, driven by higher sales of pharmaceutical products. Top companies by market cap include Mecure Industries Plc (N260.8B), Fidson Healthcare Plc (N114.9B), and May & Baker Nigeria (N32.7B). However, Pharma-Deko Plc shows no growth from 2024 at N396.7 million, with shares frozen since July 2023 due to failure to file financial statements.