MARKET NEWS

February 05 African Markets – Factors to watch on Feb 5 - REUTERS February 05 Dollar-rupee forwards dip on RBI rate cut bets, overnight swap rate normalizes - REUTERS February 05 Yuan slips on trade-war anxiety; yen jumps - REUTERS February 05 Weaker dollar, dip in US yields of no help to rupee - REUTERS February 05 Naira Firms To N1,610/$ As CBN Extends Sales To BDCs - LEADERSHIP February 05 Naira depreciates by 1.4% as CBN extends FX sales deadline - NAN February 05 Senate expresses shock over billions of naira missing in govt coffers - VANGUARD February 05 Naira drops against dollar at official window, stable at black market - DAILY POST February 05 Naira Depreciation Pushes External Debt Up By N36.9trn To N68.9trn — Report - DAILY INDEPENDENT February 05 Rupee struggles after China retaliates to US tariffs - REUTERS February 05 Trade fight prompts markets to price deeper Canada rate cuts - BLOOMBERG February 05 Crude oil import may persist amid permit revocation, naira-for-crude reversal - THE GUARDIAN February 05 Naira appreciates against dollar on black market - DAILY POST February 05 Nigeria loses $20bn, 2,500 jobs annually to foreign ship chandlers - THE SUN February 05 Nigeria’s business confidence rises as PMI hits 52.0 in January 2025 - February 05 Nigeria’s external reserves down by $1.19bn in 25 days - BUSINESSDAY February 05 People from UK, US, other countries now come to Nigeria for quality healthcare – Minister - NAN February 04 Canadian Traders Pivot to Safe Bets as Tariff Threats Ramp Up - BLOOMBERG February 04 Rupee ends higher tracking peers, US-China trade tensions in focus - REUTETRS February 04 South African rand weaker on Trump's changing tariff stance - REUTERS February 04 Ugandan shilling stable; to firm due to gold, coffee FX flows - REUTERS February 04 Mexican peso rallies after touching 3-year low as tariffs delayed - REUTERS February 04 Kenya shilling firms slightly versus dollar, LSEG data shows - REUTERS February 04 Plunge in Brazil, Mexico oil exports leads large global decline - BLOOMBERG February 04 Nigeria, Uganda strengthen trade relations under AfCFTA - PUNCH February 04 Dollar lower after U.S. tariffs on Mexico paused for a month - REUTERS February 04 Weak Euro Offers No Reprieve for European Stocks, Goldman Says - BLOOMBERG February 04 Coffee Set for Longest Gaining Streak in 45 Years on Supply Woes - BLOOMBERG February 04 Europe Gas Prices Fall After China Hits Back Against US Tariffs - BLOOMBERG February 04 Canadian dollar rebounds from 22-year low on tariff pause hopes - REUTERS