Market News

May 14 Naira stability seen sustained on non-resident BVN launch - BUSINESSDAY May 14 Q1: Inflation Takes Toll as Manufacturing Companies’ OPEX Reached N2.24trn - THISDAY May 14 Cash transfer missed millions of needy Nigerians – W’Bank - PUNCH May 14 External Reserves Dip 6.5% YTD On Debt Servicing, Dollar Sales - LEADERSHIP May 14 CBN unveils new platform, eyes $1bn monthly diaspora remittances - PUNCH May 14 Travel agents decry CBN dollar repatriation policy - PUNCH May 14 CBN says MPC meeting will hold May 19 - BUSINESSDAY May 14 Analysts: Tax Reform Bills Win for States, Step Toward Revenue Autonomy - THISDAY May 14 South African rand flat before local jobs data - REUTERS May 14 South African jobless rate rises, more give up looking for work - REUTERS May 14 U.S proposes 5% levy on diaspora remittances; to affect Nigerians May 14 Iron Ore Bounces Back to Six-Week High on Trade-War Truce Hopes - BLOOMBERG May 14 With Projected $12bn Annual Remittance, CBN Launches Non-resident BVN to Expand Finan... (read more) May 14 Uganda central bank holds lending rate for third time in a row - REUTERS May 14 Ghana aims to reduce $2.5 billion debt owed to power producers by year-end - REUTERS May 14 GBP/USD Faces Dual Risk From Expected Weak UK GDP and Sticky US Inflation - INVESTING.COM May 14 Thai Central Bank Tempers Rate Cut Bets as Trade Shocks Linger - BLOOMBERG May 14 Oil Theft Slumps 58.3% in Q1 Amid Renewed Fight against Sabotage - THISDAY May 14 Crude oil climbs more than $1.60 a barrel on tariff cuts, economic outlook - REUTERS May 14 US inflation cooled in April as Trump began tariff rollout - AFP May 14 Rupee choppy as client flows, weaker yuan counter dollar weakness - REUTERS May 14 Dollar steadies with trade talks in frame after sliding on muted US inflation - REUTERS May 14 Naira continues appreciation at official foreign exchange market - DAILY POST May 13 Gold fever makes a comeback as buyers and bankers recoil from uncertainty - THE GUARDIAN UK May 13 Bank of England's Pill says interest rates might need to stay high - REUTERS May 13 Loss of dollar's role as world's dominant currency still far off, ECB's Knot says - REUTERS May 13 Naira appreciates to N1,600 against dollar, records highest in weeks - THE NATION May 13 Naira gains as non-banks, exporters account for 62.44% of FX inflows - BUSINESSDAY May 13 Sterling falls against dollar, firms versus euro, yen after US-China tariff deal - REUTERS May 13 Argentina inflation seen slowing in April, reviving downward trend - REUTERS