MARKET NEWS
Naira depreciates to N1,485/$ in parallel market - VANUARD
By : Kehinde Ruth Onasoga
By Elizabeth Adegbesan
THE Naira yesterday depreciated to N1,485 per dollar in the parallel market from N1,475 per dollar on Monday.
However, the naira was stable at N1,454 per dollar in the Nigerian Foreign Exchange Market (NFEM) data published by the Central Bank of Nigeria, CBN, showed.
As a result, the margin between the parallel market and NFEM rate widened to N31 per dollar from N21 per dollar on Monday.
MARKET NEWS
January 23
Heathrow rolls out scanners in huge new security update - THE INDEPENDENT
January 23
Inflation fears are high for most Americans. But a new poll shows one group is partic... (read more)
January 23
Inflation rises as expected in November: PCE data
January 23
US Natural Gas Falls After Record-Breaking Three-Day Rally - BLOOMBERG
January 23
Japan's central bank holds rates steady after bond sell-off and ahead of elections
January 23
FG projects N3tn FX savings from bioethanol blending - PUNCH
January 23
Oil Climbs as Weak Dollar and Risk-On Mood Counter Glut Worries - BLOOMBERG
January 23
Rupee vulnerable to new all-time low on skewed flows, building bearish outlook
January 23
Dollar set for worst week in a year, yen pressured ahead of BOJ
January 23
Gold nears $5,000, silver closes on $100 while bitcoin remains listless - COINDESK
January 23
Gold price nears $5,000 as geopolitical worries linger - YAHOO FINANCE
January 23
Dollar Set for Worst Week Since June on US ‘Policy Nightmare’ - BLOOMBERG
January 23
Seven miners shot dead in Nigeria's restive Plateau, youth group, official say - REUTERS
January 23
Goldman Sachs raises gold's year-end target to $5,400 - YAHOO FINANCE
January 23
Investors flood CBN auction, subscriptions hit N3.44tn - PUNCH
January 23
Yen pressured as BOJ holds rates, dollar set for steep weekly drop - REUTERS
January 23
Oil rebounds after Trump comments on 'armada' moving to Iran stoke supply worries - REUTERS
January 23
Nigeria approves new incentives for Shell's offshore Bonga South West project - REUTERS
January 23
Report forecasts positive outlook for Nigeria’s economy - PUNCH
January 23
Domestic, foreign investors drive equity trades to N11.92tn - PUNCH
January 23
Gold Rises Toward $5,000 as Weaker Dollar Adds Impetus to Rally - BLOOMBERG
January 23
Tight monetary policy reduced inflation by 10 points – CBN - PUNCH
January 23
NGX loses N557bn amid profit-taking - PUNCH
January 23
US policy factors 'critical' to extent of de-dollarisation shift, Morgan Stanley says - REUTERS
January 23
Naira weakens slightly against dollar - THE TRUMPET
January 23
53,000 migrants on the run in UK as new crackdown announced - 'national emergency' - DAILY EXPRESS
January 23
Nigerian naira continues depreciation against US dollar - DAILY POST
January 23
Naira steadies at 1,423/$ officially, weak in black market - THE SUN
January 22
Gold Sets New Record as Weaker Dollar Speeds Breakneck Rally - BLOOMBERG
January 22
Inflation fears are high. A new poll shows one group is particularly worried




