Market News

April 30 CBN’s grip on FX market may fuel volatility at parallel markets –BDCs - THE SUN April 30 Foreign currency taxes hit N6.33tn amid naira volatility - PUNCH April 30 Petrol nears N1,400/litre as Dangote hikes price - PUNCH April 30 Soaring oil prices ease and markets rise as Big Tech sends mixed signals - ASSOCIATED PRESS April 30 Oil prices whipsaw while U.S. stocks glide near their record heights - ASSOCIATED PRESS April 30 BoE's Bailey says rate rise may not be needed under some scenarios April 30 Euro zone inflation jumps to 3% as economic growth almost stalls - CNBC April 29 Nigeria Forex Trading Setups Are Facing Big Shake Up As Iran Shock Hits Reform Moment... (read more) April 29 CBN’s grip on FX market may fuel volatility at parallel markets –BDCs April 29 Naira appreciates to N1,390/$ in parallel market - VANGUARD April 29 N1m salary worthless without stable Naira —NLC - NIGERIAN TRIBUNE April 29 Nigeria deepens diplomatic ties as Tinubu allocates Abuja land to envoys - BUSINESSDAY April 29 NEPC impacted 97,000 SMEs with 728 trainings, other programmes in 2025 - NIGERIAN TRIBUNE April 29 Nigeria targets $90bn livestock economy as $3bn investment drive gathers momentum - VANGUARD April 29 Nigeria firms risk tax breaks loss as disclosure rules raise costs - BUSINESSDAY April 29 Market rebounds strongly as investors earn $2.3bln - NIGERIAN TRIBUNE April 29 Oil prices extend multi-day rally as Trump issues new threat to Iran; Brent tops $114... (read more) April 29 Spot crude premiums ease from record highs despite Hormuz closure - REUTERS April 29 UK firms in ‘critical financial stress’ jump by a third as costs rise, report finds ... (read more) April 29 Standard Chartered, IFC launch $300 million Africa supply chain finance facility - REUTERS April 29 Strengthening transparency in Nigeria’s revenue framework - NIGERIAN TRIBUNE April 29 Naira loses N16.5, trades at N1,380.7/$ in official market April 29 World Bank sees 16% spike in commodity prices this year April 29 US gas prices hit $4.23 high as Hormuz fears drive oil surge - THE GUARDIAN UK April 29 Crop Prices Hit Highest Since 2023 as War and Bad Weather Bite - BLOOMBERG April 29 Naira Slips To N1,383/$ As FX Pressure Mounts, Reserves Fall Further April 29 Trump Tells Aides to Prep for Lengthy Hormuz Blockade, Report Says - BLOOMBERG April 29 Nigeria Partners Other W/African Countries to Strengthen Social Security System April 29 Nigeria petrol price drops 15.6% year-on-year — NBS - THE GUARDIAN April 29 Kenya’s inflation hits 2-year high as Middle East war fuels price pressures - BUSINESSDAY