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Nigeria stocks rise for 8th session after oil price climbs

Published 06/05/2020, 13:03
Updated 06/05/2020, 13:06
© Reuters.

ABUJA, May 6 (Reuters) - Nigerian stocks rose for the eight
session on Wednesday, up 1.28% after oil price climbed above
$31 a barrel on hopes for a recovery in demand as some countries
ease coronavirus lockdowns.
Banking shares .NGSEBNK10 lead the charge on Wednesday
rising 4.92% followed by consumer goods stocks .NGSEFBT10 up
2.18%. The main index climbed to 24,117 points to stay at an
eight-week high it reached previous session.

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