MARKET NEWS
April 18
Wema Bank removes fintech partners from platform over fraud - PUNCH
April 18
Naira gains at official market amidst depleting reserve - PREMIUM TIMES
April 18
Fluctuating exchange rate affecting container traffic – CPPE - PUNCH
April 18
Naira appreciation: FCCPC to monitor, discourage unfair price hike - NAN
April 18
Gold gains on weaker dollar, political tensions - REUTERS
April 18
Naira appreciation: Nigeria gets fresh $600m into FX reserves - DAILY POST
April 18
Nigeria Floods to Further Cut Cocoa Crop, Adding to Shortage - BLOOMBERG
April 18
Cocoa Climbs on Signs of Resilient Demand Despite Record Price - BLOOMBERG
April 18
CBN reduces banks’ Loan-to-Deposit Ratio to 50% - DAILY POST
April 18
NPA secures $700m loan for Apapa, Tincan ports rehabilitation - PUNCH
April 18
Naira gains put spotlight on petrodollar inflow - BUSINESSDAY
April 18
Naira hits 1000/$ as market awaits clues from CBN - BUSINESSDAY
April 18
Dollar's dominant reserve currency status to endure, says Morgan Stanley - REUTERS
April 18
The US Now Has a Fast EV-Charging Station for Every 15 Gas Stations - BLOOMBERG
April 18
Japan’s Top Currency Official Says G-7 Reaffirms Currency Commitments - BLOOMBERG
April 18
Naira gains N75 against dollar in single day - DAILY POST
April 18
Why Naira appreciation yet to fully impact cargo imports – CPPE - DAILY POST
April 18
South Korean Officials Ramp Up Warnings on Won Weakness - BLOOMBERG
April 18
CBN promises ”strategic” support to strengthen naira - RADIO NIGERIA
April 18
Customs FX rate for import duties rises to N1,330/$, higher than official market rate... (read more)
April 18
Depleting External Reserve: We Are Not Defending Naira – Cardoso - PREMIUM TIMES
April 18
IMF raises Nigeria’s growth forecast to 3.3% on oil, improved agric output, security ... (read more)
April 18
What the fresh march higher in oil means for world markets - REUTERS
April 18
C$ holds near 5-month low as inflation data weighs - REUTERS
April 18
IMF Steps Up Its Warning to US Over Spending and Ballooning Debt - BLOOMBERG
April 18
Marshall attributes naira gain to CBN clearance of FX backlog - THE GUARDIAN
April 18
Naira rebound: Under-pressure Cardoso has a burden of sustaining the feat - BUSINESSDAY
April 18
Nigeria’s Cardoso Says Shifts in FX Reserves Not Due to Defending Naira - BLOOMBERG
April 18
Escalate prosecution of naira mutilators! - PUNCH
April 18
CBN not using foreign reserves to defend Naira - Cardoso - VANGUARD