The Nigerian capital market witnessed a major rally this week as ARADEL Holdings Plc, one of the nation’s leading integrated indigenous energy companies, delivered an outstanding 25% surge in its share price—a performance that has reignited investor confidence and reaffirmed faith in local equities.
The extraordinary upswing, which dominated conversations across trading floors, came with massive financial rewards for institutional investors. CardinalStone Partners Limited, a major shareholder with a 15.93% stake in ARADEL, saw its investment value soar by over ₦110 billion in just five trading days. For many in the investment community, this dramatic gain serves as powerful evidence that Nigeria’s capital market can yield swift and substantial returns when fundamentals align with strategic timing.
ARADEL’s current success, however, is far from coincidental. It reflects years of consistent planning and visionary leadership under Chairman Ladi Jadesimi, who, in the company’s 2023 Annual Report and Accounts, laid out a clear roadmap for sustained growth and market leadership.
In his statement, Jadesimi revealed that the company’s strategic priority for 2024 was to maintain its growth trajectory, successfully list on the Nigerian Exchange (NGX) Main Board, and continue optimizing its asset portfolio.
“In 2024, our strategic focus is to ensure the company sustains its growth trajectory, successfully listed on the main board of the Nigerian Exchange, further drive the development and optimisation of assets, as well as the implementation of the succession of the company’s directors in line with the Nigerian Code of Corporate Governance and the Companies and Allied Matters Act 2020,” Jadesimi stated.
Before its transition to the NGX, ARADEL was already a top performer on the NASD Over-the-Counter (OTC) Exchange, where it achieved phenomenal capital appreciation in 2023—its share price rocketed by 450.6%, climbing from ₦197.8 per share to ₦1,089 per share within a single year. That performance earned the company recognition as one of the most valuable indigenous energy firms and a benchmark for investors seeking sustainable growth in the oil and gas sector.
Now, as ARADEL continues to deliver exceptional returns in 2025, analysts say the company’s progress validates its long-term strategy of operational efficiency, diversification, and robust corporate governance. Its impressive market performance since listing on the NGX Main Board underscores not just investor confidence, but also the growing strength of Nigeria’s capital market as a viable engine for wealth creation.
For CardinalStone, whose foresight and early positioning have paid off massively, ARADEL’s rise represents a triumph of strategic investment discipline. The firm’s ₦110 billion gain in just five days is now being hailed as one of the biggest short-term portfolio boosts in recent Nigerian market history.
Beyond the numbers, the ARADEL story captures a powerful shift in investor sentiment—proof that the Nigerian capital market is evolving into a platform where informed and patient investors can achieve exponential growth. The rally demonstrates that, contrary to old perceptions, money in the capital market can indeed move fast—especially when backed by companies with strong governance, visionary leadership, and credible performance.
As trading closed for the week, ARADEL’s stock remained a symbol of momentum, trust, and transformation. With its NGX Main Board listing solidified and its growth outlook reaffirmed by the Chairman, the company continues to burn brightly—lighting up both the energy sector and the Nigerian investment landscape.
ARADEL Holdings surges 25% in one week, earning CardinalStone ₦110bn, as Chairman Ladi Jadesimi reaffirms plans for sustained growth and NGX Main Board listing. A reflection on ARADEL’s meteoric rise from NASD success to capital market powerhouse.
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