MARKET NEWS
October 22
Nigeria’s daily petrol consumption crashes 52% says FG - BUSINESSDAY
October 22
Thai Finmin says growth may not reach 3% in 2024, but will in 2025 - REUTERS
October 22
Five banks raise N1.27trn amid recapitalisation race - BUSINESSDAY
October 22
Oil declines after surge as traders keep focus on Middle East - BLOOMBERG
October 22
Callers to pay more as FG proposes 12.5% telecom tax - BUSINESSDAY
October 22
Dollar just off August high, US rates and election in focus - REUTERS
October 22
Rupee shielded by cenbank intervention, higher US bond yields weigh on Asia FX - REUTERS
October 22
Nigeria, USA annual trade hits $10bn — Official - PUNCH
October 22
South African rand supported by carry trade and precious metals - REUTERS
October 22
Goldman Sachs says euro could drop 10% under Trump tariffs and tax cuts - REUTERS
October 22
Nigeria lost N13tn to forex subsidy in three years — World Bank - BUSINESSDAY
October 22
Freight forwarders blame container evacuation delay on terminal operators - PUNCH
October 22
Gold prices driven higher by geopolitical, U.S. election anxiety: strategist - BLOOMBERG
October 22
‘New bullish phase’? As gold hits another high, analysts say more records are in sight - CNBC
October 22
Sterling dips as US dollar rides economy higher - REUTERS
October 22
Dollar rises in tandem with US rates on economic view - REUTERS
October 22
Naira begins week with depreciation against dollar - DAILY POST
October 22
Report: Naira To Extend Losses In 2025 - NEW TELEGRAPH
October 22
Naira appreciates to N1,715 in parallel market - VANGUARD
October 22
System upgrades leave bank customers frustrated - PUNCH
October 22
African Markets – Factors to watch on Oct 22 - REUTERS
October 22
Egypt’s Surprise Inflation Climb May Push Back Rate Cuts to 2025 - BLOOMBERG
October 22
Weak naira has certain advantage – CBN Gov - DAILY TRUST
October 22
Gold Hits New Record on Mideast Tension as Traders Weigh US Data - BLOOMBERG
October 22
Dangote’s Wealth Doubles to $28 Billion on ‘Monster’ Nigeria Oil Project - BLOOMBERG
October 22
Don’t backtrack on naira-for-crude, LCCI urges NNPCL - DAILY TRUST
October 22
Naira gradually firming up, says Cardoso - THE GUARDIAN
October 22
Thai central bank delivers first rate cut since 2020, downplays political pressure - REUTERS
October 22
Naira Weakens Further To N1,660.49/$1 On Official Market - NE WTELEGRAPH
October 22
Foreign direct investments into Nigeria low – Soludo - PUNCH