The News Agency of Nigeria reports that the market capitalisation, which opened at N20.043 trillion, dipped N248 billion or 1.24 per cent to close at N19.795 trillion.
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Uwaleke, Head of Banking and Finance Department, Nasarawa State University, Keffi, expressed the optimism in an interview with the News Agency of Nigeria in Lagos while reacting to the persistent lull in the nation’s bourse.
The much-anticipated share listing could value MTN at around $5 billion and help revitalise the Nigerian stock market.
Gwadabe told the News Agency of Nigeria on Monday in Lagos, that the development in the stock market and the political intrigues before the 2019 general elections was worrisome.