Nigeria, Feb. 16 -- Nigerian stocks reported strong gains last week on the back of increased investors' interest in oil & gas and industrial goods stocks, and improved positive sentiment in the market. The main equity index rose by 6.2 per cent.

More corporate reports for the full year 2025 are currently expected, especially those of the big lenders and top corporations, which may shape the direction of the market in the near term.

"We believe ongoing earnings releases and dividend expectations should continue to anchor sentiment, particularly in stocks with strong fundamentals," analysts at Meristem Securities said in their outlook for the week.

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