Market News

March 19 Naira falls across FX markets amid pipeline explosion - BUSINESSDAY March 18 Experts rule out possibility of economic recession in Nigeria - NIGERIAN TRIBUNE March 18 Nigeria's Trans Niger oil pipeline shut after blast, police say - REUTERS March 18 Pound hits four-month high as dollar tumbles under Trump - THE TELEGRAPH March 18 Dollar dented by economic worries; euro remains in favor - REUTERS March 18 Swiss Franc Option Activity Surges as Traders Bet on More Losses - BLOOMBERG March 18 Bank of Korea board wary of faster loss of economic momentum, minutes show - REUTERS March 18 Nigeria’s oil production takes blow as explosion rocks biggest oil pipeline - BUSINESSDAY March 18 Diaspora remittances to boost consumer spending by 6% – Mastercard - PUNCH March 18 CBN uncovers N2.3m in unauthorised Naira transactions - NIGERIAN TRIBUNE March 18 Canadian dollar posts 11-day high as investor sentiment improves - REUTERS March 18 Swiss National Bank seen cutting rates 25 bps, risk of negative rates low - REUTERS March 18 Turkish Banker Accused of Turning Payment Firm into Gambling Hub Arrested - BLOOMBERG March 18 African Markets – Factors to watch on March 18 - REUTERS March 18 Foreign investors lured to high-yielding Chinese bank debt - REUTERS March 18 Euro-Area Long-Dated Bonds Rally Ahead of German Spending Vote - BLOOMBERG March 18 Euro hits five-month high before German vote on massive spending surge - REUTERS March 18 Inflation drops to 23.18% amid high cost of goods - PUNCH March 18 Pound Climbs to $1.30 on Bets UK Interest Rates Will Stay Higher - BLOOMBERG March 18 Rewane, Adedipe forecast economic growth, rule out recession - PUNCH March 18 Nigeria’s Naira depreciates against dollar amid inflation drop - DAILY POST March 18 Naira appreciates N1,590/$ in parallel market - VANGUARD March 17 Nigeria inflation eases for second month after data overhaul - REUTERS March 17 Nigeria’s agric trade jumps 304% in 5 yrs on weak naira - BUSINESSDAY March 17 Gold holds below $3,000 ahead of Fed rate decision - REUTERS March 17 Nigeria’s inflation slows for second consecutive month after rebasing - BUSINESSDAY March 17 NPA’s 15% hike pushes berthing charges to $200,000 - THE GUARDIAN March 17 Asset managers boost Euro bets as hedge funds cut shorts - BLOOMBERG March 17 Dollar dented by economic worries; euro remains in favour - REUTERS March 17 South Africa’s MTN annual profit slumps as Nigeria currency devaluation weighs - REUTERS