Market News

July 02 Dollar Holds Steady Ahead of U.S. Jobs Report; Yen Remains Near 40-Year Low - REUTERS July 02 Oil Extends Decline as Barrels Flow Through Strait of Hormuz - BLOOMBERG July 02 CBN issues fresh guidance on troubled banks’ contract suspensions - PUNCH July 02 NNPC revenue falls by N636bn despite stable oil production - PUNCH July 02 Tinubu approves N111bn for 700km northern superhighway construction - PUNCH July 02 Gold Extends Gains After Warsh Comments Ease Rate-Hike Prospects - BLOOMBERG July 02 Cboe Seeks to List Prediction Market Type Options on Earnings Metrics July 02 US and Iran hold separate meetings in Qatar and agree to continue discussions - ASSOCIATED PRESS July 02 Nigeria's unreported spending equals 2% of GDP, IMF official says - REUTERS July 02 U.S. not renewing trade agreement with Canada and Mexico in 'current form' - ASSOCIATED PRESS July 02 The US, Canada and Mexico begin bumpy negotiations to renew North American trade pact... (read more) July 02 Nigerian currency records highest appreciation - DAILY POST July 02 Dangote refinery eased foreign exchange pressure, stabilised naira — Afreximbank - PUNCH July 02 FX Market Unification Saves Nigeria $16.8bn Annually – Think Tank - NEW TELEGRAPH July 02 Naira strengthens at official FX market July 02 Naira appreciates to N1,385/$ in parallel market - vanguard July 02 How harmonisation of multiple foreign markets saves Nigeria $16.8 billion annually —I... (read more) July 02 Naira slips 1.1% despite higher FX turnover - THE SUN July 01 Bitcoin Falls to 21-Month Low on Strategy, Rate-Hike Fears - BLOOMBERG July 01 Japan’s FX Chief Says Past Yen Intervention Has Shown Impact - BLOOMBERG July 01 Visa detects nearly $1bn in scam activity - PUNCH July 01 Stock market to recover gradually amid election risks — Adonri - PUNCH July 01 Finance minister pushes for digital commercial dispute tribunal - PUNCH July 01 EU financiers expand Nigeria investment push with €20m -PUNCH July 01 Trump Reports at Least $1.2 Billion in 2025 Crypto Earnings - BLOOMBERG July 01 Oil Steadies as Peace Talks, Flows Through Hormuz in Focus - BLOOMBERG July 01 Nigerian currency records first appreciation - DAILY POST July 01 Why naira is at a three-month low despite rising dollar liquidity - Businessday July 01 HSBC Says ‘Explosive’ Dollar Rally Is Among Biggest Pain Trades - BLOOMBERG June 30 Nigeria remains Africa’s top-performing stock market despite N9.8trn sell-off - BUSINESSDAY