Nigerian Oil Stocks Post Negative Returns Despite Market Rally

Despite the broader rally on the Nigerian Exchange (NGX), listed oil companies have continued to underperform, delivering negative or minimal returns for investors nearly 10 months into 2025. Data reviewed by MarketForces Africa indicates that the oil and gas index remains the weakest-performing segment of the equities market, even as the overall NGX has advanced … Continue reading Nigerian Oil Stocks Post Negative Returns Despite Market Rally