LAGOS: Nigerian stocks recorded their biggest quarterly decline in 15 months on Thursday, falling 11.6 percent in the three months to March, after a currency rout triggered by the plunge in oil prices hurt sentiment.

Nigeria's index, which has the second-biggest weighting after Kuwait on the MSCI frontier market index, gained 0.64 percent on Thursday to end at 25,306 points for the first quarter.

The index stood at 34,657 points at the end of the last quarter 2014.

Copyright Reuters, 2016