Nigeria, May 11 -- Nigerian stocks advanced further last week, adding 1 per cent on the back of increased demand for Industrial Goods shares.

The benchmark equity interest has returned 57.3 per cent, barely four months into the year, highlighting a robust investor confidence in the market.

"Investor positioning is likely to remain tilted towards fundamentally strong and liquid names, particularly as Q1:2026 earnings releases continue to shape sentiment across sectors," analysts at Meristem Securities said in their outlook for the week.

"Dividend considerations are also expected to remain a key driver of flows," they added.

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