Oil and gas firms listed on the main and premium boards of the nation’s equities market reported a gain of about N58.784 billion during the fourth quarter of 2020. This was buoyed by positive sentiments witnessed at the local bourse. The oil and gas sector gained N58.784 billion or 14.80 per cent to close at N455.923 billion in market capitalisation on December 31, in contrast to opening figure of N397.139 billion at the beginning of trading on October 2. Market watchers believe the investors are taking position on oil…
Read MoreHow Oil, Gas Stocks in Nigeria Gained N59bn in last Three Months
