Market News

May 26 NGX slips 0.25% amid industrial, insurance sell-offs - PUNCH May 26 High borrowing costs threaten banks’ credit expansion - PUNCH May 26 Naira depreciates to N1,380/$ in parallel market - VANGUARD May 26 Nigerian currency begins week on positive note - DAILY POST May 26 CBN FX and monetary reforms continue to strengthen Nigeria’s macroeconomic credibilit... (read more) May 26 CBN injects N9.71 trillion as naira gains N19.67 in April - THE GUARDIAN May 25 Oil slips 6% as US, Iran seen moving closer to peace deal - REUTERS May 25 South African rand gains on softer oil and Iran deal hopes ahead of local rate decision - REUTERS May 25 Tinubu saved Nigeria from economic collapse – Oduwole, Minister of Trade - THE SUN May 25 IMF Report: Nigeria, Sub-Sahara Africa Trail Other Developing Regions in Governance,... (read more) May 25 SMEs boost Nigeria’s GDP with $2 billion social media-based sales May 25 Nigeria’s Sweet Forcados Offers Reprieve To European Refiners Over New Rise In Crude ... (read more) May 25 S&P Credits Dangote Refinery For Nigeria’s Sovereign Rating Upgrade - LEADERSHIP May 25 More pain for Nigerians as cooking gas price increases nationwide - DAILY POST May 25 Naira weakens to N1,375.5/$ as external reserves hit $48.72b - THE GUARDIAN May 25 Naira depreciates, sheds N3/$ at official FX market May 25 IMF Report: Nigeria, Sub-Sahara Africa Trail Other Developing Regions in Governance, ... (read more) May 23 Naira appreciates to N1,376/$ in parallel market - VANGUARD May 23 Naira depreciates, sheds N3/$ at official FX market May 23 Nigerian currency ends the week on negative note - DAILY POST May 23 AFBTE: 27% Interest Rate Crippling Businesses - THISDAY May 22 Oil resumes rally as Iran reportedly wants to keep enriched uranium within the country - CNBC May 22 South African rand largely steady as traders await rate decision next week - REUTERS May 22 Ghana central bank pauses easing cycle with a rate hold at 14% May 22 Dollar holds near six-week high; mixed messages on US-Iran deal feed uncertainty - REUTERS May 22 Naira gains, trades at N1,372/$ at official FX market - NIGERIAN TRIBUNE May 22 Nigerian currency extends appreciation - DAILY POST May 22 Nigeria’s trade surplus rises 220% to $480m - VANGUARD May 22 CBN retains rate at 26.5 %, says no FX market intervention - VANGUARD May 22 Naira depreciates to N1,387/$ in parallel market - VANGUARD