Nigeria, Oct. 6 -- Nigerian stocks have now returned nearly 40 per cent this year after yielding 1 per cent last week, when oil & gas stocks were the toast of investors.

Equities have been short of big drivers in recent weeks. With the release of third-quarter corporate results set to start later this month, however, the market may be in for increased trading activities.

"Our expectation of stronger deal flow into the local bourse and selective rotation into interest rate sensitive stocks is poised to bolster market activity, as investors digest recently released macroeconomic data," analysts at Meristem Securities had predicted, going into the week.

"In the same vein, increased liquidity conditions may prompt higher repricing across s...