Jan 29 Nigerian shares rose on Friday as investors, encouraged by gains in the price of oil, sought bargains in a market that has fallen sharply this month.
The main index rose 1.34 percent to close at 23,916 points, with the banking, petroleum and food sectors leading gains.
Sub-Saharan Africa's second-largest stock index has fallen 17.6 percent so far this year on falls in the naira currency and in crude, Nigeria's main export.
