CBN breaks silence on withdrawal of Naira notes from circulation 

May 21, 2022 Benjamin Umuteme, Abuja 0

The Central Bank of Nigeria (CBN) has disowned reports saying it would soon withdraw naira notes from circulation.  In a telephone conversation with newsmen, Saturday, in Abuja, the Director, Corporate Communications Department of the CBN, Mr Osita Nwanisobi, said the statement purportedly to have been made during a stakeholders’ engagement on eNaira adoption in Asaba, Delta state was misconstrued and therefore Read More

Crystal-gazing the Nigerian stock market in 2022

January 3, 2022 Uche Uwaleke 0

As investors enter 2022 they are optimistic of making returns on investment, however, they would do well to be cautious as they invest in the market. Going by the relatively low year-to-date return of circa 6 percent in 2021, the performance of the Nigerian stock market, represented by the equities segment of the Nigerian Exchange, appears a far cry compared Read More