Market News

May 21 Fidelity Bank denies bankruptcy rumours - THE GUARDIAN May 21 Gold hits over one-week high on weaker dollar, US fiscal concerns - REUTERS May 21 Rupee’s inert reaction to dollar drop confuses bankers; outflows flagged - REUTERS May 21 CBN keeps interest rate at 27.5%, cites inflation slowdown, FX reforms - THE GUARDIAN May 21 ECA, Japan partner on digitalisation to boost intra-African trade - THE GUARDIAN May 21 Fed comments weigh on dollar, set stage for slight rupee upside - REUTERS May 21 Dollar falls on more downbeat Fed comments; focus on Japan talks, House vote - REUTERS May 21 UK inflation leaps to higher-than-expected 3.5%, ONS says - REUTERS May 21 Sterling steady against dollar, traders digest UK-EU reset deal - REUTER May 21 10 years later, foreign investors regain NGX dominance with 60% stake - THE GUARDIAN May 21 Unleashing the Power of Remittances and Strategic Giving for Gender Equality in West ... (read more) May 21 Gold Advances as Economic Data Supports Fed Rate Cut Bets - BLOOMBERG May 21 Naira rises to N1,620/$ in parallel market - VANGUARD May 21 The U.S. Doesn’t Have a Perfect Credit Rating Anymore. Investors Shouldn’t Worry Yet. - BARRON'S May 21 Economy demonstrates changing trade, investment, says Sanwo-Olu - THE GUARDIAN May 21 Gains in 31 stocks lift capitalisation by N21 billion - THE GUARDIAN May 21 Oil surges on report that Israel is preparing to strike Iran - BUSINESSDAY May 21 South African rand strengthens before budget speech, US meeting - REUTERS May 21 South Africa to offer Musk Starlink deal before Trump meeting, Bloomberg News reports - REUTERS May 21 Oil gains as reports Israel may attack Iran raise supply worries - REUTERS May 21 CBN raises the alarm over declining oil prices, geopolitical tensions - VANGUARD May 21 Cardoso: Nigeria now has a competitive currency - THE CABLE May 21 Naira Now Stable, More Competitive—Cardoso - BUSINESS POST May 21 Federal Gov’t Targets Infrastructure Growth With N300bn Fresh Sukuk Issuance - LEADERSHIP May 21 Dollar drops as traders eye Trump tax bill, G7 currency talks - REUTERS May 21 Chinese businesses stick to diversifying away from the U.S. despite trade truce, surv... (read more) May 21 CBN reassures public on banking sector stability, safety of funds - THE GUARDIAN May 21 East Africa’s Real Estate Market Primed for Those Who Know It Best - CNBC May 21 Nigeria’s central bank holds benchmark rate at 27.50% - REUTERS May 21 MPC seeks fiscal support on naira stability, retains interest rate at 27.5% - THE GUARDIAN