Market News

July 13 Nigeria’s oil output hits 74-month high, beats OPEC quota - PUNCH July 13 European Bank For Reconstruction Targets $1.5bn Investment In Nigeria In 3 Years - LEADERSHIP July 13 FG borrows N5tn from bond market in six months - PUNCH July 13 FX derivatives fall 45.19% on weak demand - PUNCH July 13 CBN FX Intervention Cushions Naira As Currency Holds Firm Despite Global Headwinds - INDEPENDENT July 13 Emefiele: Special Investigator Says $6.2m Withdrawal Had No Naira Cover - NEW TELEGRAPH July 13 Naira weakens 0.85% to close at N1,381.70/$ - PUNCH July 13 Foreign debt servicing gulps almost $1bn in two months - PUNCH July 13 Naira slips marginally despite stronger FX liquidity, rising reserves - BUSINESSDAY July 13 Naira depreciates against dollar at official FX market - NIGERIAN TRIBUNE July 13 NFEM hits $46.4bn turnover in four months as naira holds firm - BUSINESSDAY July 10 Nigerian currency appreciates - DAILY POST July 10 Seasonal demand pushes naira to 1,425/$ on summer travel, school fees - BUSINESSDAY July 08 Oil spikes, Wall Street drops as US-Iran tensions rebuild - BLOOMBERG July 08 Naira Falls to N1,375/$1 at Official Market, N1,395/$1 at Parallel Market - BUSINESS POST July 08 DMO opens July FGN Savings Bond at 15.716% July 08 Naira down to N1,405/$ in parallel market - VANGUARD July 08 Nigerian Naira depreciates across official, black markets - DAILY POST July 08 Naira cools to N1,410/$ in black market on renewed dollar demand - BUSINESSDAY July 07 Sterling hits three-week high versus dollar - REUTERS July 06 Forex daily turnover nears $1 billion in push for stronger naira - THE NATION July 04 Nigerian Naira depreciates across FX markets - DAILY POST July 04 IMF: Reveal those who stole 2% of Nigeria’s GDP – Atiku to Tinubu - DAILY POST July 04 SEC expands crypto oversight with seven new firms - PUNCH July 04 Benin, Togo, Niger owe Nigeria N17.45bn electricity debt - PUNCH July 04 ‘Nigeria must build competitive industries, promote value addition to compete globally’ July 04 African startups raise $3.9bn as funding rebounds – Report - PUNCH July 04 Nigeria faces lubricant squeeze as imports tighten globally - PUNCH July 04 Naira Trades Flat at Official Market as CBN Makes Minimal FX Intervention - BUSINESS POST July 04 Debt issuance spikes on inflation, liquidity risks — Analyst - PUNCH