Higher Crude Oil Prices Boost Nigeria’s Oil And Gas Stocks

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The Oil and Gas Index which emerged as the best performing index has gained 64.42% year-to-date.

The Nigerian Stock Market is leveraging from the rise in crude oil prices, especially the oil and gas stocks which have remained on top among the indexes that measure different sectors on the Exchange.

According to data obtained from the NGX, the top 5 performing oil and gas stocks during the year to date, Seplat Energy Plc, Eterna Plc, MRS Oil Nigeria Plc, Oando Plc, and Conoil Plc made the list.

Nairametrics

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