Market News

May 01 Oil Rises to $85 in Rally Driven by OPEC, Geopolitical Risks - BLOOMBERG May 01 Nigeria’s central bank slams Paystack with record fine over fintech compliance - ... (read more) May 01 Yellen Warns US Recession Risk Is ‘Way Up’ After Trump’s Tariffs - BLOOMBERG May 01 Deficit, Borrowing Biggest Threat to Nigeria’s $1trn Economy Goal, NACCIMA, OPS Warn - THISDAY May 01 Budget Deficit: FG Accesses N2.5trn from Bond Market in Four Months - THISDAY May 01 Trump tariffs will cause 'modest downturn' in Canada but create 'rare opportunity for... (read more) May 01 Gold hits two-week low as easing trade tensions boost risk appetite - REUTERS May 01 U.S. Economy Contracts While Inflation Slows - DOW JONES May 01 Canada's GDP contracts by 0.2% in February, slight growth likely in March - REUTERS May 01 Oil Slump Accelerates on Signs OPEC+ Will Maintain Higher Output - BLOOMBERG May 01 IMF Says Egypt Should Be Vigilant in Easing Interest Rates - BLOOMBERG May 01 Asian FX bulls gain momentum as dollar stays under pressure - REUTERS May 01 Banks increase SMS alert charges, blame telcos’ 50% tariff hike - THE GUARDIAN May 01 Reforms, strong earnings push investors’ gain to N3.6tr in four months - THE GUARDIAN May 01 Gold extends losses as tariff tensions ease - YAHOO FINANCE May 01 Oil drops on US economic contraction, possible OPEC+ supply rise - REUTERS May 01 Nigerian importers, exporters Dollar-transactions negating currency swap gains — CBN ... (read more) May 01 Mexico Economy Narrowly Dodges Recession Amid US Trade Chaos - BLOOMBERG May 01 South Africa’s rand weakens after mixed local data, US GDP dip - REUTERS May 01 MAN, ports stakeholders oppose 4% FOB levy reintroduction - DAILY TRUST May 01 Copper Edges Higher After Slump as US Talks Up Outlook on Trade - BLOOMBERG May 01 DMO allotted N397.9bn in April 2025 bond auction - THE GUARDIAN May 01 Yen slides as tariffs keep BOJ on hold, dollar edges higher - REUTERS May 01 US dollar advances after GDP declines; other reports point to still solid economy - REUTERS May 01 Gold Drops to Two-Week Low as Trade Hopes Curb Haven Appeal - BLOOMBERG May 01 Sterling steady against dollar and euro, manufacturing activity shrinks - REUTERS May 01 Yen Extends Drop, Hike Bets Retreat as Ueda Voices Uncertainty - BLOOMBERG May 01 Ghana secures deal with nine more gold miners to buy 20% of their output - REUTERS May 01 4,016 vessels visited Nigeria’s exclusive zones Q1 – Report - PUNCH May 01 CBEX resumes operations despite SEC ban, N1.2tn EFCC probe - PUNCH