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Nigeria stock market rises by N297 billion, amid Airtel, Seplat gain

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Specifically, the market capitalisation inched higher by N297 billion or 2.11 per cent.

The nation’s bourse opened trading on Monday with a growth of N297 billion following gains by some highly capitalised stocks.

Similarly, the All-Share Index increased by 568.72 points or 2.11 per cent to close at 27,554.49 compared with 26,985.77 posted on Friday. Ambrose Omordion, the Chief Operating Officer, InvestData Ltd., attributed the sustained bullish trend to low returns offered by money market investments.

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