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MARKET NEWS
April 17
Nigeria Curbs Banks’ Ability to Grant Loan to Reduce Market Liquidity - BLOOMBERG
April 17
Naira Recovery Continues As CBN Intensifies Forex Measures - NEW TELEGRAPH
April 17
Africa’s Ultra-Rich Are Fleeing Continent as Economic Woes Bite - BLOOMBERG
April 17
Dollar eases, still close to 5-1/2 month high on Fed, Mideast focus - REUTERS
April 17
Nigeria’s FX reserves drop to $32bn - lowest level in six years - THE NATION
April 17
Heineken Nigerian Unit Shuts Two Plants as Forex Costs Bite - BLOOMBERG
April 17
Sterling hits one-month high after UK inflation data - REUTERS
April 17
Dollar hits 5-month high against euro; yen weakest since 1990 - REUTERS
April 17
Nigeria’s inflation rate will drop to 23% by 2025 -IMF - PUNCH
April 17
Gold Holds Near Record as Traders Overlook Delayed Cuts Scenario - BLOOMBERG
April 17
Naira soars, prices stall: Why relief for Nigerian consumers is slow! - BUSINESSDAY
April 17
Naira appreciation will impact inflation between three to six months – Teriba - DAILY POST
April 17
South African Inflation Cools to Two-Month Low in March - BLOOMBERG
April 17
Rupee falls to record low on rising US yields; RBI likely steps in - REUTERS
April 17
Dubai’s Record Rainfall Forces Flight Diversions and Floods City - BLOOMBERG
April 17
Korean Won Topped Dollar as Preferred Currency for Crypto Trades in First Quarter - BLOOMBERG
April 17
Barclays, Citi Are Among Banks Testing Tokenized Deposits in UK - BLOOMBERG
April 17
$20bn Dangote Refinery slashes diesel price to N1,000 per litre - VANGUARD
April 17
Port Harcourt Refinery Yet To Take Off As Deadline Elapses - DAILY TRUST
April 17
IMF reviews Nigeria’s economic growth to 3.3% - PUNCH
April 17
Respite for manufacturers as Dangote refinery sells diesel at N1000/litre - BUSINESSDAY
April 17
Nigeria’s Dollar Reserves Plunge In Tandem With Naira Rebound - BLOOMBERG
April 17
Naira down to N1,100$ in parallel market - VANGUARD
April 17
Naira appreciation: We buy at N980, sell at N1020/$ — BDC President - NIGERIAN TRIBUNE
April 17
FG may revoke unused oil well licences amid $30bn loss - PUNCH
April 17
Marketers excited as Dangote slashes diesel price to N1,000/litre - PUNCH
April 16
Naira sustains gains at official market despite drop in dollar supply - BUSINESSDAY
April 16
Naira Gain Surpasses Expectations At N1,020/$, Say BDC Operators - LEADERSHIP
April 16
Naira Appreciation Faster Than Expected, Say BDC Operators - CHANNELS TV
April 16
Naira appreciates further, trades at N1,136/$ - NIGERIAN TRIBUNE