Market News

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 Kenya shilling steady in subdued market activity - REUTERS May 12 Japan Bank Deposits Rise at Slowest Since ’07 as Inflation Bites - BLOOMBERG May 12 World Bank: Nigeria’s fiscal position improved in 2024 — but poverty should be reduce... (read more) May 12 World Bank Sees Nigeria’s Revenues Surging If Import Bans Lifted - BLOOMBERG May 12 Nigeria needs five times growth rate to hit $1tr by 2030 – World Bank - THE NATION May 12 Stocks, dollar surge as US and China agree 90-day tariff relief - REUTERS May 12 Stock Market Gains 2.54% WoW Amid Strong Q1 Corporate Earnings - THISDAY May 12 Despite Mounting NPLs, Nine Banks’ Exposure to Oil & Gas Increase to N15.6trn - THISDAY May 12 At -13.20%, NGX Oil & Gas Index Remain Worst Performing Indicator - THISDAY May 12 Americans Hit the Road as Economic Fears Discourage Flying - BLOOMBERG May 12 CBN raises T-bills auction offer to N550bn – Report - PUNCH May 12 CBN warns public against fake contracts, grants - PUNCH May 12 Markets rally after China, US slash tariffs - AFP May 12 U.S. and China agree to slash tariffs for 90 days - CNBC May 12 South African rand stable; local jobs and mining data due this week - REUTERS May 12 Nigeria’s economy grows strongly amid high inflation, World Bank says - REUTERS May 12 Nigeria needs five-fold growth to hit $1trn economy by 2030 – World Bank - BUSINESSDAY May 11 Nigeria has more people without electricity than any other country - THE ECONOMIST May 11 Nigeria Overhauls Colonial-Era Tax Rules in Pro-Business Push May 11 Nigeria engages Ghana over $75m gas debt, promotes Atlantic pipeline partnership - ... (read more) May 11 BM Boys: the Nigerian sextortion network hiding in plain sight on TikTok - THE GUARDIAN UK May 11 Oil at $50? The High Cost of Cheap Crude - BARRON'S May 11 US Inflation Starting to Stir as Trump Tariff Threat Looms - BLOOMBERG May 11 CAC, EFCC Certificates Not Substitute For Registration, SEC Warns Investors - LEADERRSHIP May 10 Why Bond King Jeff Gundlach says record-setting gold is poised for another 20% rally ... (read more)