Market News

April 16 SEC tells influencers to stop promoting risky meme coins, unlicensed platforms - VANGUARD April 16 Gold Breaks $3,300 as Expanding Trade War Bolsters Haven Demand - BLOOMBERG April 16 Naira appreciates against dollar on black market - DAILY POST April 16 Fitch upgrades Nigeria’s credit outlook, citing policy reforms, economic stabilizatio... (read more) April 16 We need strong, resilient banks to achieve $1trn economy — CBN - VANGUARD April 16 Dollar resumes fall as investors wait on trade talks - REUTERS April 16 Gold crosses $3,300 as trade tensions fuel record rally - REUTERS April 16 Nigeria’s North-South Divide Thwarts Tinubu Quest to Raise Taxes - BLOOMBERG April 16 Stakeholders Furious as Seven Banks Pay N635.5bn AMCON Levy in Three Years - THISDAY April 16 Namibia holds key lending rate on global policy uncertainty - REUTERS April 16 IMF and Ghana agree programme review that will unlock $370 million - REUTERS April 16 Dollar back under pressure, safe havens outperform - REUTERS April 16 China's Gold Grab Is Just Getting Started -- And It Could Break the Dollar - YAHOO FINANCE April 16 Fitch projects Nigeria’s external debt service to hit $5.2bn in 2025 - BUSINESSDAY April 16 Nigeria cuts petrol imports as local production rises - BUSINESSDAY April 16 Amid fears over CBEX, SEC warns against unregistered trading - DAILY TRUST April 16 Oil Futures Turn Higher as China Signals It’s Open to US Talks - BLOOMBERG April 16 African Markets – Factors to watch on April 16 - REUTERS April 16 Bank of England poised to cut interest rates in May - YAHOO FINANCE April 16 How CBEX wiped off investors’ N1.3trn in nine months - BUSINESSDAY April 16 Pound rises against dollar; UK inflation slows more than expected - REUTERS April 16 Gold prices top $3,300 amid Trump tariff turmoil - YAHOO FINANCE April 16 South African rand gains as dollar slumps on tariff uncertainty - REUTERS April 16 Nigeria’s annual inflation picks up to 24.23% in March - REUTERS April 16 UK inflation slows to cooler-than-expected 2.6% in March - CNBC April 16 South African business confidence index slips in March - REUTERS April 16 Federation Account allocation falls third straight month to N1.57tn - PUNCH April 16 Ugandan shilling stable as tax payments lend support - REUTERS April 16 PMI records third consecutive expansion on naira stability - BUSINESSDAY April 16 Oil jumps 1% on speculation over potential for US-China talks - REUTERS