Nigeria, Aug. 31 -- After two successive weeks of loss, Nigerian stocks found resilience last week amid stronger buy pressure, helping market capitalisation appreciate by 0.8 per cent.

The oil & gas index propelled the fairly good performance, thanks to substantial gains by Seplat Energy, contrary to the penultimate week when it fared worst among the five sector indices.

In a way, it is a reassurance that investors' interest in energy stocks is building up in view of the vibrant outlook on the sector that spikes in the price of crude holds for producers as the US-Israel war against Iran continues.

The upbeat market mood owes its debt to the profound revenue growth and, in some cases, a surge in profit that oil companies recorded at hal...