Nigeria, March 16 -- Nigerian stocks advanced by 0.7 per cent last week on increased investors' interest in industrial goods stocks, taking the year-to-date yield of the benchmark index to 27.5 per cent.

As the first quarter of the year gradually winds down, investors and analysts will be watching out for the 2025 audited financial reports of big lenders, which could shape the direction the market might be heading in the near term.

"Dividend declarations from companies that recently released their full-year results could continue to attract income-seeking investors, providing support for some counters," said analysts at investment bank Meristem Securities in their outlook for the week.

"Similarly, sentiment in the oil and gas sector co...