Market News

May 23 Naira depreciates, sheds N3/$ at official FX market May 23 Naira appreciates to N1,376/$ in parallel market - VANGUARD May 23 Nigerian currency ends the week on negative note - DAILY POST May 23 AFBTE: 27% Interest Rate Crippling Businesses - THISDAY May 22 Oil resumes rally as Iran reportedly wants to keep enriched uranium within the country - CNBC May 22 South African rand largely steady as traders await rate decision next week - REUTERS May 22 Ghana central bank pauses easing cycle with a rate hold at 14% May 22 Dollar holds near six-week high; mixed messages on US-Iran deal feed uncertainty - REUTERS May 22 Naira gains, trades at N1,372/$ at official FX market - NIGERIAN TRIBUNE May 22 Nigerian currency extends appreciation - DAILY POST May 22 Nigeria’s trade surplus rises 220% to $480m - VANGUARD May 22 CBN retains rate at 26.5 %, says no FX market intervention - VANGUARD May 22 Naira depreciates to N1,387/$ in parallel market - VANGUARD May 22 Domestic Airlines May Reduce Fares as Dangote Refinery Slash Jet A1 to N1, 650 Per Li... (read more) May 21 Taxi, ride-hailing drivers brace for World Cup traffic and antsy passengers - TH... (read more) May 21 We’re not propping up naira –CBN - THE SUN May 21 Naira Steady After CBN Retains Interest Rate At 26.5% - CHANNELS TV May 21 Oil Edges Up After Plunging on Optimism Over US-Iran Agreement - BLOOMBERG May 21 Nigerian currency appreciates as CBN holds interest rate - DAILY POST May 21 CBN denies intervening in FX Market to defend Naira - THE NATION May 21 How Nigeria’s crude oil sales drove a £7.6bn trade boom with the UK - BUSINESS INSIDER May 20 Trump orders banks to take a closer look at clients' citizenship in new immigration e... (read more) May 20 Global Long Bond Yields Climb to Highest in Almost Two Decades - BLOOMBERG May 20 Gold Holds Losses as Iran Impasse Keeps Rate Hike Bets High May 20 Oil prices keep swinging, and so do stocks worldwide - ASSOCIATED PRESS May 20 Global Long Bond Yields Climb to Highest in Almost Two Decades - BLOOMBERG May 20 FGN bond subscriptions drop 45% despite higher yields - PUNCH May 20 Access Bank FX liquidity to service $1bn debt – Fitch - PUNCH May 20 Fiscal, FX reforms push Nigeria’s credit rating higher - PUNCH May 20 SEC fixes June 1 for T+1 settlement cycle transition - PUNCH