Market News

August 19 Weak sentiment wipes N544bn off equity market value - PUNCH August 19 NAFEM turnover rises to $1.41bn as FX activity rebounds - PUNCH August 19 Investors place N1.73tn bids as DMO allots FGN bonds - PUNCH August 19 Japan's 10-year bond yield hits a 30-year high as growth data disappoints - EURONEWS August 19 How coordinated currency buying interventions work - INVESTING.COM August 19 What happens if USD/JPY goes above 160? ‘Credibility falls further’ - INVESTING.COM August 19 Why are the U.S. and Japan trying to prop up the yen and what does it mean for Canada? - EURONEWS August 19 Nigerians pay more for cement than African neighbours – FCCPC August 19 FX, OMO push FMDQ seven-month turnover to N426.5tn - PUNCH August 19 Naira appreciates further against dollar - NAN August 19 Naira strengthens, gains N8/$ at official FX market - NIGERIAN TRIBUNE August 19 Naira gains as reserves surpass $52.5bn – CBN - PUNCH August 19 Nigerian Naira extends appreciation against US currency - DAILY POST August 19 CCPC Raises Alarm Over Possible Manipulation Of Cement Prices August 19 Naira rises further to five-month high of N1,343.32/$ on strong dollar liquidity - BUSINESSDAY August 19 FX exchange rate gaps widen to N60/$1 - THE NATION August 19 Naira rises further to five-month high of N1,343.32/$ on strong dollar liquidity August 18 Japan's 10-year bond yield hits a 30-year high as growth data disappoints - EURONEWS August 18 Naira depreciated 0.55% despite CBN’s $430m intervention – Meristem - PUNCH August 18 FGN Bond: DMO raises N5.86bn in August - DAILY TRUST August 18 CBN’s discount window rules drive Naira to five-month high - BUSINESSDAY August 18 DMO opens N1.1trn FGN bond offer as yields rise - DAILY TRUST August 18 Nigeria’s inflation rate stands at 40% – Ex-CIBN president counters NBS - DAILY POST August 18 CBN faces September rate decision as inflation eases to 15.43% - THE GUARDIAN August 18 How Nigeria’s 900 new dollar millionaires are making their money - BUSINESSDAY August 18 Concerns as cost-of-living pressure lingers despite easing inflation - THE GUARDIAN August 18 Taxes keep intra-African flights pricier than long-haul Europe - BUSINESSDAY August 18 Tinubu’s reforms push FAAC allocations above N2trn monthly – Oyedele - NAN August 18 OMO yield premium attracts N4.93tn investor demand - PUNCH August 18 Nigeria’s inflation rate drops to 15.43% - DAILY TRUST