Nigeria, Dec. 22 -- The three consecutive gains so far recorded this month have further placed Nigerian stocks on a sound footing to deliver a more remarkable yield this time around, compared to last year.

Equities appreciated by 1.8 per cent last week, thanks to increased demand for consumer goods shares, which have earned the biggest returns this year among all the sectors tracked by the Nigerian Exchange.

With the year ending in just few days, last-minute strategic positioning among institutional investors will possibly shape sentiments in the market this week.

"In our view, investors are likely to rotate into fundamentally sound stocks ahead of 2025FY earnings releases and dividend declarations," Meristem Securities stated in a not...