MARKET NEWS

February 22 Hedge Funds Reload Option Trades for Yen Gains in Coming Months - BLOOMBERG February 22 Bank of Canada Sees Trade War Permanently Cutting Output by 2.5% - BLOOMBERG February 22 Wall Street ends sharply lower on mounting concerns over economy, tariffs - REUTERS February 22 ECB Deposit Rate Could Be 2% in the Summer, Villeroy Says - BLOOMBERG February 22 Dollar rises in midst of consolidation, trims gains after weak US data - REUTERS February 22 Canadian dollar weakens as BoC signals likely tariff response - REUTERS February 22 Swiss Gold Exports to US Surge to Record on Tariff Fears - BLOOMBERG February 22 CBN targets single-digit inflation medium to long term – Cardoso - BUSINESSDAY February 22 US dollar pressured as Wall Street weighs Trump's 'Mar-a-Lago Accord' - YAHOO FINANCE February 22 Manufacturers upbeat about economy as capital investment up 26% - BUSINESSDAY February 22 India's RBI announces mega $10 billion FX swap to infuse rupee liquidity - REUTERS February 22 Dangote: Oil mafia deadlier than drug lords - DAILY TRUST February 22 Japan Yields Fall as Ueda Warns BOJ Can Step In to Smooth Market - BLOOMBERG February 22 China is likely to cut its benchmark policy rate next month, economists say, after PB... (read more) February 22 Botswana central bank holds key rate for third consecutive meeting - REUTERS February 22 Exclusive: Russia could concede $300 billion in frozen assets as part of Ukraine war ... (read more) February 22 Naira records first depreciation against dollar across FX markets - DAILY POST February 22 Naira Appreciates to N1,490/$ in Parallel Market Amid FX Stability - THISDAY February 22 Naira appreciates to N1,494 per dollar at official market - RN February 22 Official, parallel FX rates converge at 1,502/$ — first time in almost two years - THE CABLE February 21 Nigeria plans to end visa-on-arrival program, cites security concerns - BUSINESSDAY February 21 Nigeria Sells T-Bills at Year Low Ahead of Expected Rate Pause - BLOOMBERG February 21 Goldman Sachs Sees More Life in Dollar’s Tariff-Fueled Gains - BLOOMBERG February 21 Egg Shortage to Spur Demand for Chicken, Beef, Shake Shack Says - BLOOMBERG February 21 African Markets – Factors to watch on Feb 21 - REUTERS February 21 Iron ore heads for weekly gain on brightening demand outlook, China stimulus hopes - REUTERS February 21 Gold on Pace to Log Eighth Weekly Advance as ETFs Lure Inflows - BLOOMBERG February 21 Naira appreciates to N1,505/$1 as CBN retains interest rates - DAILY TRUST February 21 Naira appreciates to N1,500 per dollar at black market - DAILY POST February 21 Local refineries not producing up to 50% of Nigeria’s petrol demand – NMDPRA - BUSINESSDAY