The Nigerian oil and gas sector has experienced a strong bullish trend, driven by impressive performances from individual stocks.
In 2023, the sector achieved an average year-to-date (YtD) share price gain of 225%, with MRS Oil Plc leading the way, posting a 645% YtD increase.
Oando PlcAs of September 30, 2024, Oando Plc recorded the highest YtD share price gain of 714%, reflecting strong investor confidence.
Total Energies Marketing Nigeria PlcTotal Energies Marketing Nigeria Plc achieved a YtD share price gain of 75% as of September 30, 2024.
Overall the oil and gas sector has enjoyed a strong rally, reflecting investor confidence in its growth prospects...
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