The All share index at the close of February was higher as it gained 1.83 percent this month despite huge instability in the market. Stocks had hit new one year lows but were able to climb back. A week after the postponement of the Nigerian elections, the biggest fall for shares was announced with the Nigerian Stock Exchange market capitalization dropping to as low as N9.2trillion ($45.4 billion).

According to Nairametrics, a Nigerian stock analysis portal, there are still some winners whose stocks recorded remarkable capital gains. Here are the five best stocks for the month of February.

Seplat Petroleum Development Company Plc – 53.98%

The company made an opening approach to take over Afren with Jan 19 2015 as the deadline to firm up the deal. Despite the  shut-down of its Oben Gas Plant towards the end of the month, the stocks closed with an impressive record.

Airline Services and Logistics Plc – 25.75%

This leading provider of catering and hospitality services to international airlines and airports in Nigeria has also recorded one of the best stocks for February.

Access Bank Plc – 23.55%

In January, the Nigerian lender Access commenced the marketing of its rights issue with the aim of raising $275.10 million (N52.6 billion) to invest in infrastructure and boost lending. This has also contributed to the performance of its stocks.

Ikeja Hotel Plc -23.36%

The hotel management company did well in 2014, recording a growth of 374.36 percent to close the year at N3.70 from 88 kobo in September. However, this comes on the heels of a January scuffle as shareholders of Ikeja Hotel Plc as they were refrained from entering the hotel, which was the venue set for an Extra Ordinary General Meeting (EGM)

RT Briscoe Nigeria Plc -19.67%

Dealers in world class products- Toyota and Ford Motors, Toyota Material handling, Industrial Equipment, mining drills and so on. The demand for these products saw to the improvement of the stocks performance.