Sterling Bank, Ecobank, Lasaco Insurance top stock pick for this week

Nigerian stocks were modestly up by 0.12 per cent last week, taking the return on equities for the year to 2.4 per cent.

The low yield mirrors the depressed valuation of a raft of stocks in the market, which holds great prospects for price appreciation, particularly for investors planning to take a long position.

Yet, the potential they carry and their cheap prices have not been matched with investors’ interest.

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