Market News

April 29 Naira appreciates to N1,390/$ in parallel market - VANGUARD April 29 N1m salary worthless without stable Naira —NLC - NIGERIAN TRIBUNE April 29 Nigeria deepens diplomatic ties as Tinubu allocates Abuja land to envoys - BUSINESSDAY April 29 NEPC impacted 97,000 SMEs with 728 trainings, other programmes in 2025 - NIGERIAN TRIBUNE April 29 Nigeria targets $90bn livestock economy as $3bn investment drive gathers momentum - VANGUARD April 29 Nigeria firms risk tax breaks loss as disclosure rules raise costs - BUSINESSDAY April 29 Market rebounds strongly as investors earn $2.3bln - NIGERIAN TRIBUNE April 29 Oil prices extend multi-day rally as Trump issues new threat to Iran; Brent tops $114... (read more) April 29 Spot crude premiums ease from record highs despite Hormuz closure - REUTERS April 29 UK firms in ‘critical financial stress’ jump by a third as costs rise, report finds ... (read more) April 29 Standard Chartered, IFC launch $300 million Africa supply chain finance facility - REUTERS April 29 Strengthening transparency in Nigeria’s revenue framework - NIGERIAN TRIBUNE April 29 Naira loses N16.5, trades at N1,380.7/$ in official market April 29 World Bank sees 16% spike in commodity prices this year April 29 Crop Prices Hit Highest Since 2023 as War and Bad Weather Bite - BLOOMBERG April 29 US gas prices hit $4.23 high as Hormuz fears drive oil surge - THE GUARDIAN UK April 29 Naira Slips To N1,383/$ As FX Pressure Mounts, Reserves Fall Further April 29 Trump Tells Aides to Prep for Lengthy Hormuz Blockade, Report Says - BLOOMBERG April 29 Nigeria Partners Other W/African Countries to Strengthen Social Security System April 29 Nigeria petrol price drops 15.6% year-on-year — NBS - THE GUARDIAN April 29 Kenya’s inflation hits 2-year high as Middle East war fuels price pressures - BUSINESSDAY April 29 Nigeria firms risk tax breaks loss as disclosure rules raise costs - BUSINESSDAY April 29 Pound retreats as investors stay cautious ahead of rate decisions - REUTERS April 29 Naira hits fresh low of N1,896/£1 despite british pound meltdown - NAIRAMETRICS April 29 Nigerian currency records massive depreciation - DAILY POST April 29 Naira slides to 17- day low of N1,380.71/$ as liquidity slows - BUSINESSDAY April 28 Nigeria caps jet fuel prices to avert airline disruptions - REUTERS April 28 South African rand eases on firmer dollar ahead of leading indicator - REUTERS April 28 South African rand eases on firmer dollar ahead of leading indicator April 28 Naira Records Lowest Loss In Three Weeks - CHANNELS TV