Wema Bank Plc rose for the third day, climbing the highest level in five weeks after forecasting a return to profit this year.
The shares advanced 9.7 percent to close at N1.47, in Lagos, last Friday, the highest price since February 15.
About 21.5 million securities traded, more than twice the three-month daily average volume, according to data compiled by Bloomberg.
Wema Bank expects profit of N1.2 billion ($7.6 million) for the last three months of this year, it said in a statement to the Nigerian Stock Exchange (NSE) last Thursday.
The lender posted a loss of N1.8 billion for the nine months through September last year, according to a January 4 statement to the Lagos bourse.
