Nigeria, April 22 -- Nigerian stocks slid by 0.3 per cent last week amid sell-offs in bank stocks, continuing a downtrend that has weakened the year-to-date yield of the main equity index to 1.3 per cent.

The market is shifting away from the earnings season for full-year 2024, with the release of Geregu Power's earnings report for the three months to March, which marked the start of the earnings season for Q1 2025.

Following the prolonged downturn in the market, a couple of stocks are now weaker in price compared to the start of the year, offering good entry points to value investors.

"The upcoming Monetary Policy Committee (MPC) decision in May has led some investors to adopt a wait-and-see attitude towards the equities market," said ...