MARKET NEWS
July 06
Benin, Togo owe Nigeria $11m in electricity debt – NERC - PUNCH
July 06
Oil Drops as Larger OPEC+ Supply Increase Raises Glut Concerns - BLOOMBERG
July 06
From $20 to $500 more banks open naira cards abroad on improved FX - BUSINESSDAY
July 06
OPEC+ to boost oil production by 548,000 barrels per day in August - ASSOCIATED PRESS
July 06
Non-oil exports jump 78% amid data gap concerns - PUNCH
July 06
South African rand gains on investor optimism over US trade negotiations - REUTERS
July 06
Russia says low global oil stockpiles prompted OPEC+ to hike output - REUTERS
July 06
Tanzania central bank cuts policy rate as it sees stable inflation
July 06
Nigerian banks resume international naira card transactions amid FX market confidence... (read more)
July 04
IMF hails Nigeria’s economic reforms, says growth projected at 3.4% in 2025 - PREMIUM TIMES
July 04
BDC operator unmasks crypto-to-cash deals in N3.4b fraud trial - THE GUARDIAN
July 04
IMF backs reforms amid calls for budget overhaul - PUNCH
July 04
FG’s importation of $250m Belarus tractors would have created 40,000 local jobs – loc... (read more)
July 04
Naira gains, trades N1526.15/$ at official market - NIGERIAN TRIBUNE
July 04
Naira rises to N1,570/$ in parallel market - VANGUARD
July 04
Naira gains against dollar across official, black markets - DAILY POST
July 04
Italy to issue half million non-EU work visas over next three years - FRANCE24
July 04
African Development Bank to give South Africa $475 million loan - REUTERS
July 04
AFRICA-FX-Nigerian and Ugandan currencies could gain - REUTERS
July 04
Naira records N90 gain in black market H1 as dollar inflows surge
July 03
Take action to exit grey list, IMF urges Nigeria - PUNCH
July 03
Investors lose N150bn as market opens July in red - PUNCH
July 03
Nigeria must review 2025 budget to avert crisis, IMF warns - PUNCH
July 03
Union Bank, FCMB begin USSD charges from airtime - PUNCH
July 03
Nigeria’s economy grows 3.7% in H1 - PUNCH
July 03
Naira records four-month high of N1,526.15 on improved liquidity
July 03
Pound tumbles and bond markets sent into turmoil after Rachel Reeves's Commons tears ... (read more)
July 02
Oil settles up on signs of strong demand, investors await OPEC+ decision - REUTERS
July 02
Copper Rises to Three-Month High on China Manufacturing Rebound - BLOOMBERG
July 02
Oil Falls as Mideast Tensions Ease Ahead of OPEC+ Decision - BLOOMBERG