MARKET NEWS
May 20
Eight manufacturers suffer N627bn forex losses - PUNCH
May 20
Dollar holds steady as investors wait for more Fed guidance - REUTERS
May 20
Sterling steady ahead of expected drop in inflation - REUTERS
May 20
MPC may raise interest rate again Tuesday - PUNCH
May 20
More Pressure On Naira Ahead Possible Interest Rate Hike - DAILY TRUST
May 20
Recapitalisation: Uncertainty Rocks Banking Stocks as Investors Lose N1.85tn in 45 Da... (read more)
May 20
Sterling on track for weekly gain ahead of UK inflation data - REUTERS
May 20
FX supply-demand mismatch crashes naira value amid boost in CBN reserves - THE SUN
May 20
Foreign reserves build up despite naira volatility - THE NATION
May 20
Cocoa Crisis Made Worse by Underpaying Farmers, Tony’s CEO Says - BLOOMBERG
May 19
TotalEnergies strikes supply deal with Dangote on Nigerian refinery - BUSINESSDAY
May 19
Oil Tanker Hit by Missile Off the Coast of Yemen, AFP Reports - BLOOMBERG
May 19
Nigeria’s money supply dropped to N92.3trn in March – CBN - DAILY POST
May 19
Petro Meets Colombian Central Bankers He Blamed for Weak Economy - BLOOMBERG
May 19
Dollar bond seen bolstering or battering naira - BUSINESSDAY
May 19
Binance executive denied bail in Nigeria over money laundering charges - THE GUARDIAN UK
May 19
South Africa Set for First Primary Budget Surplus in 15 Years - BLOOMBERG
May 19
Europe’s Aging Population Is a Money Magnet for Some Investors - BLOOMBERG
May 19
Wale Edun: No Attempt to Illegally Use Pension Funds - THISDAY
May 19
Oil production nears 1.7mbpd – NNPC - PUNCH
May 19
Nigeria-Taiwan trade dips by $500m – Envoy - PUNCH
May 19
Naira Appreciates on Official, Parallel FX Mkts Ahead of MPC Meeting - THISDAY
May 19
Emefiele trial: How I paid $600,000 bribe to ex-CBN staff for contract, witness tells... (read more)
May 19
Mexico Declares State of Alert for Power Grid Amid Heat Wave - BLOOMBERG
May 19
ABCON seeks SEC’s guidance, collaboration in harmonising digital currency - THE NATION
May 18
Weaker loonie may not deter Bank of Canada diverging from the Fed - REUTERS
May 18
Canadian banks directed over US$100 billion to oil and gas last year: report - BLOOMBERG
May 18
Nigeria will have no need to import petrol from next month - Dangote - BUSINESS INSIDER
May 18
Banking sector must prioritise cybersecurity, warns NDIC boss - PUNCH
May 18
Dollar mostly flat as market mulls inflation outlook - REUTERS