The Nigerian equities market staged a sharp recovery at the start of the week, adding N1.52 trillion in value as investors returned to the market after several consecutive sessions of declines.
The rebound was broad-based but led by the banking sector, where renewed buying interest drove significant gains across major financial stocks.
The rally marks a shift in sentiment following a period of sustained selling pressure.
According to local media reports, the surge in trading activity was fueled by a return of confidence among investors who had been sidelined during the previous downturn.
The banking sector, a heavyweight on the index, provided the primary lift, with major lenders seeing substantial volume increases.
This recovery comes as global markets have shown signs of stabilization.