Nigeria, Feb. 23 -- Improved investor confidence helped Nigerian stocks record their biggest weekly gain this year last week when the benchmark equity index rose by 7 per cent, driven by a substantial demand for industrial goods stocks. Less than two months on, the index has already delivered 25.3 per cent in return, and expectations are high that, as the earnings season advances, attractive dividend declarations and more announcements of impressive corporate results could help the market drive its current bull run further.

"The ongoing earnings releases and dividend expectations is likely to keep investors engaged, particularly in fundamentally strong tickers," said analysts at investment bank Meristem Securities in their outlook early ...