Market News

February 19 Nigeria’s W’Bank IDA debt hits $18.7bn - PUNCH February 19 FX for business travels soar by 366% to $672m - PUNCH February 16 Nigeria records strongest foreign inflows in five years on reforms - BUSINESSDAY February 16 Nigeria’s headline inflation drops to 15.10% in January - BUSINESSDAY February 16 Naira hits N1,390 on black market as gap closes 2.5% - BUSINESSDAY February 16 Dangote overtakes importers, captures 62% domestic petrol market - PUNCH February 16 Fund managers are taking the most bearish stance on the dollar in more than a decade - FT February 16 Naira gap narrows further as BDCs await dollar supply - BUSINESSDAY February 16 Port users pay more as NCS ‘recreates multiple-FX regime’, adds 7% margin - THE GUARDIAN February 16 Morning Bid: Japan's economy could do with some Fire Horse energy - REUTERS February 16 US Dollar Will Remain Under Pressure, HSBC's Chew Says - BLOOMBERG February 16 U.S. stocks may see $11 bln in inflows from tax refunds, Deutsche Bank forecasts -... (read more) February 16 The US is merely the latest to join the global rush to hoard critical minerals - CNBC February 16 Nigeria sets Feb. 20, 2027 for presidential vote, parliamentary polls - REUTERS February 16 Nigeria inflation slows before first central bank meeting of 2026 - REUTERS February 16 Nigerian Inflation Unexpectedly Slows Before Rate Decision - BLOOMBERG February 16 The new British passport dual citizenship rules, explained February 16 Naira continues depreciation against US dollar in official FX market - DAILY POST February 16 Naira stabilises on $44bn export - PUNCH February 14 OPEC+ Considers April Output Hike After Its Winter Pause - OILPRICE.COM February 14 Naira’s street gap narrows further as BDCs ready for dollar supply - BUSINESSDAY February 14 Elumelu meets Tinubu, says dollar scarcity over, FX market sorted - PUNCH February 14 Naira trades N1,430/$ at parallel market - PUNCH February 13 As CBN Opens Official FX Market to BDCs, Dollar Crashes to N1,348/$ - THISDAY February 13 Nigeria Opens Official Dollar Market to FX Bureaux to Close Naira Street-Rate Gap - BLOOMBERG February 13 Naira records first depreciation against US dollar, erases three-day gain - DAILY POST February 13 Naira strengthens further at official FX market - NAN February 13 Otedola projects stronger naira as Dangote refinery hits full capacity - PREMIUM TIMES February 13 Dollar under pressure as traders weigh economic data; yen set for strong weekly finish - REUTERS February 13 Court refuses to halt Emefiele’s trial over alleged unlawful naira redesign - BUSINESSDAY