The Central Bank of Nigeria has debunked the news of naira scarcity circulating in the media. In a statement by the apex bank on its official website, CBN stated thus: The attention of the Central Bank of Nigeria (CBN) has been drawn to reports of alleged scarcity of cash at banks, automated teller machines (ATMs), Points of […]
The Nigerian stock market on Wednesday admitted the Bear, halting four straight days of gains as the All Share Index dropped by 0.76% to close at 70,042.28 points from the previous close of 70,581.76 points. The Market Capitalisation declined by 0.77% to close at N38.481 trillion from the previous close of N38.778 trillion, thereby shedding N297 billion.[…]