Last week, Nigerian stocks reported their first weekly depreciation this year, dropping 2.5 per cent, as investors reaped accumulated gains on some stocks that have fairly appreciated.
The market saw a lull in earnings releases during the week, allowing investors to absorb a flurry of corporate results that marked the two preceding weeks.
Even though the bulk of financial results have been issued, there are strong indicators that the market is yet to see possibly its biggest driver this quarter.
