MARKET NEWS

February 23 High FX, import costs limit business profitability – NESG - PUNCH February 23 ‘Buy Now Pay Later’ market to hit $10.6bn – Report - PUNCH February 23 AfDB, Interpol partner against financial crime - PUNCH February 23 Oil Falls to 2025 Low as Technicals Augment Ample Supply Outlook - BLOOMBERG February 23 Egypt Says Dozens of Ships Return to Suez Canal After Ceasefire - BLOOMBERG February 23 Diesel shortage may cause nationwide telecom shutdown, ATCON warns - PUNCH February 23 Naira’s rally is temporary, don’t get carried away — Rewane warns - BUSINESSDAY February 23 Economists trim Canada’s growth outlook as tariff threats linger - BLOOMBERG February 23 Bulgaria's anti-euro protesters try to storm EU mission building - REUTERS February 23 FG spent almost $8bn to support naira’s stability – Rewane February 23 Naira appreciates by N60 against dollar at black market - DAILY POST February 23 Naira appreciation: There is a lot of forex inflow into the interbank window – BDC operators February 23 Naira Extends Gains, Now N1,490/$ on Parallel, N1,502/$ on Official FX Markets - THISDAY 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 Canadian dollar weakens as BoC signals likely tariff response - REUTERS February 22 Dollar rises in midst of consolidation, trims gains after weak US data - 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 Botswana central bank holds key rate for third consecutive meeting - REUTERS February 22 China is likely to cut its benchmark policy rate next month, economists say, after PB... (read more) 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