Market capitalisation mirrored the advance, appreciating by N283.24 billion to close at N114.66 trillion, reflecting renewed investor appetite for select large- and mid-cap stocks. Market breadth remained positive with 45 advancing stocks outpacing 35 decliners, an indication that buying interest was moderately broad-based across counters. The Oil & Gas Index emerged as the clear outperformer, surging 4.64 per cent on the back of strong buying interest in upstream and downstream players. The Commodity Index followed with a 3.14 per cent gain, reflecting sustained interest in agro-allied and resource-based stocks. Investors appear to be rotating funds into high-impact sectors such as Oil & Gas, while adopting a cautious stance in banking, insurance and consumer-facing stocks.

Source: Nigerian Tribune February 12, 2026 17:07 UTC