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Naira shakes off rate-cut fears, hits two-year high - BUSINESSDAY

OCTOBER 08, 2026

Nigeria’s naira has shrugged off fears of new pressure following the latest interest-rate cut, strengthening to a two-year high of

MARKET NEWS

October 08 Kenya central bank keeps main lending rate unchanged - REUTERS October 08 Brent crude tops $105 as Trump weighs resuming 'major combat operations' in Iran October 08 Oil near $105 as Trump reportedly weighs renewed Iran strikes - YAHOO FINANCE October 08 China defends yuan policy as Europe steps up pressure over trade surplus - REUTERS October 08 Copper Gains with Other Metals as China Returns in Positive Mood - BLOOMBERG October 08 Canada sees record surge in U.S. exports ahead of new tariffs in August - THE CANADIAN PRESS October 08 AI Bubble Risks Worst S&P 500 Crash Since 2008, Strategist Says - BLOOMBERG October 08 World Bank sees Nigeria growth averaging 4.4% through 2028 - REUTERS October 08 Nigeria-Founded Moove to Exit Country After Uber Pulled Out - BLOOMBERG October 08 Nigeria’s $1.3 billion hydropower plant runs at half capacity, prompting regulatory r... (read more) October 08 US Dollar Price Forecast: Fed Minutes Back DXY, Can GBP/USD and EUR/USD Recover? - FX EMPIRE October 08 Euro limps toward fifth weekly loss as dollar pauses near 18-month highs - INVESTING.COM October 08 Crude Oil Production Has Risen To 1.8mb/d - Ojulari - CHANNELS TV October 08 Ghana inflation accelerates for second month in September - October 08 Copper Gains with Other Metals as China Returns in Positive Mood - BLOOMBERG October 08 Oil Edges Higher on Iran Strike Options Report and Storm Impact - BLOOMBERG October 08 Lekki port tightens truck controls to ease congestion - PUNCH October 08 Nigeria faces $6.4bn Eurobond repayment burden – World Bank - PUNCH October 08 W’Bank: Naira proves more resilient than several African currencies - PUNCH October 08 Naira Outperforms Several African Currencies — World Bank - DRN October 08 Naira shakes off rate-cut fears, hits two-year high - BUSINESSDAY October 07 NNPCL under scrutiny over N11.2trn pipeline security spending amid hardship - DAILY POST October 07 Naira appreciates against dollar at official FX market October 07 Naira Recovers to N1,330.87/$ at NFEM as Forex Turnover Hits $619m - LEADERSHIP October 07 Naira slips as FX turnover swings, closes at N1,332.90/$ - P.M.NEWS October 07 Russian gold floods Hong Kong as Western sanctions redraw bullion trade - CNBC October 07 Goldman: Diesel prices set to stay high through 2027 as refineries struggle to meet d... (read more) October 07 Formal credit access doubles to 10% – Report - PUNCH October 07 World Bank Raises Nigeria’s 2026 Growth Forecast To 4.3%, Warns Of Election-Year Spending - tvc October 07 Nigeria launches bidding for 40 oil and gas blocks - CNBC

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