Nigeria, Feb. 2 -- Nigerian stocks slightly depreciated by 0.1 per cent last week, driven by profit taking in bank stocks. That leaves the year-to-date yield of the main equity index at 6.3 per cent.

Trade volume eased, compared to the previous week, by 17.6 per cent.

The market witnessed a flurry of earnings release for the 2025 financial year, towards the end of the week, with a number of companies reporting strong results.

"Generally, the corporate earnings expectations, supportive macroeconomic environment and corporate actions should cause a marginal positive close in the market," analysts at Meristem Securities said ahead of the week.

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