Market News

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 May 13 Gold slightly recovers from over one-week low - REUTERS May 13 Oil drilling to resume in North, says NNPCL GCEO - PUNCH May 13 Manufacturing stocks lead NGX surge with over 100% YTD gains - THE GUARDIAN May 13 Freight forwarders write Tinubu as cartels sell e-call up code for N400,000 - THE GUARDIAN May 13 Economic reforms boosted govt revenue to N31tn – World Bank - PUNCH May 13 NGX begins week in red as investors lose N297bn - PUNCH May 13 CBN policies may lower inflation to 22.1% – W’Bank - PUNCH May 13 India-Pakistan truce, yuan boost to lift rupee past 85/USD - REUTERS May 13 Two truces bring multi-pronged relief for Indian rupee - REUTERS May 13 ECB to stand by past stimulus policies in strategy review - REUTERS May 13 Nigeria posts fastest GDP growth in decade — World Bank - AFP May 13 UK immigration: British High Commission vows to work with Nigeria - BUSINESSDAY May 13 Cardoso signals interest rates may slow on likely inflation drop - BUSINESSDAY May 13 Index dips by 0.4% amid profit taking in 26 stocks - THE GUARDIAN May 13 Dollar holds gains, yuan jumps from US-China trade pact - REUTERS May 13 Oil prices ease on concerns over rising supply, US-China trade deal caution - REUTERS May 13 Dollar strengthens after China-US truce eases growth fears - REUTERS May 13 Nigeria’s economy grows strongly amid high inflation, World Bank says - REUTERS May 13 Forex market speculators bleed amid fresh regulatory actions - PUNCH May 13 N54.9tn budget: FG, W’Bank at odds over funding strategy - PUNCH May 13 Naira records highest appreciation against dollar - DAILY TRUST May 12 Gold takes a dive as US-China trade deal dents safe-haven appeal - YAHOO FINANCE May 12 ECB to Cut by More as Inflation Undershoots 2%, Poll Shows - BLOOMBERG May 12 First white South Africans arrive in US as Trump claims they face 'genocide' May 12 Below-average rains threaten Ivory Coast's cocoa mid-crop, farmers say - REUTERS May 12 Oil jumps 4% as traders signal 'risk back on' after China-US trade truce - YAHOO FINANCE May 12 Japan Bank Deposits Rise at Slowest Since ’07 as Inflation Bites - BLOOMBERG May 12 Kenya shilling steady in subdued market activity - REUTERS