How ₦500,000 Invested in Presco in 2014 Could Be Worth Over ₦29 Million Today

Presco offers a striking example of the potential rewards of long-term investing on the Nigerian Exchange. The company’s shares traded at roughly ₦32 to ₦48 in 2014, compared with about ₦2,045.30 per share in 2026. At an average purchase price of ₦35, a ₦500,000 investment could have bought about 14,285 shares. At the stated current price, those shares would be worth approximately ₦29.2 million, excluding any dividends received over the period. The figures underline a key investing lesson: quality investments may take years to deliver meaningful returns. Patience, research and a long-term outlook can matter more than frequent trading.

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