Market News

June 16 Nigeria gas output rises as domestic demand grows - REUTERS June 16 ECB Ready to Hike Again in July If Necessary, Nagel Says - BLOOMBERG June 16 W’Bank ranks Apapa, Tin Can ports among top performers - PUNCH June 16 Shipowners Seek Clarity on Hormuz Deal as Waiting Flotillas Grow - BLOOMBERG June 16 US Consumer Sentiment Picks Up on Easing Gasoline Prices - BLOOMBERG June 16 Oil and gas supplies could take months to return to normal after Iran deal, energy ex... (read more) June 16 Dollar falls to 10-day low on US-Iran war deal - REUTERS June 16 Dollar Hits 10-Day Low After U.S.-Iran Peace Agreement Boosts Risk Appetite - REUTERS June 16 Oil Suffers Worst Run This Year as Hormuz Deal Reshapes Outlook - BLOOMBERG June 16 Bank of Japan raises its key interest rate to a three-decade high - EURONEWS June 16 Higher prices for gas, groceries and flights will outlast the Iran war, experts say ... (read more) June 16 Oil Sinks as US-Iran Deal Boosts Outlook for Reopening of Hormuz - BLOOMBERG June 16 Price pressures return as headline inflation rises to 15.93% - BUSINESSDAY June 16 Foreign Exchange Inflow Rises 31% in May as Naira Strengthens - LEADERSHIP June 16 Naira down to N1,400/$ in parallel market - VANGUARD June 16 Nigerian currency appreciates - DAILY POST June 16 The official market has largely traded within the N1,360 range in recent days - CHANNELS TV June 16 CBN directs banks, PSPs to store, manage payment transaction data in Nigeria June 16 All eyes turn to Fed chair Kevin Warsh and his first moves on interest rates - ASSOCIATED PRESS June 16 CBN sets market share limits for financial institutions involved in card issuing, mer... (read more) June 15 ECB Hikes With Lagarde Warning That Inflation Risk Is Spreading - BLOOMBERG June 15 India considering Canada as potential crude oil supplier, envoy says - REUTERS June 15 Beyond the naira rally: Why CBN’s FX manual matters for the economy - BUSINESSDAY June 15 Naira Loses N5.08 Week on week As Liquidity Falls - LEADERSHIP June 15 Expert urges new investors to adopt mutual funds - THE GUARDIAN June 15 US-Iran truce could slash petrol price to N900 – Operators - PUNCH June 15 Nigerians, others buy $3.1bn airtime on credit - PUNCH June 15 Deal on ending the Iran war sends stocks soaring while oil prices fall - THE ASSOCIAATED PRESS June 15 US-Iran Deal Poses Inflation Risk If Chinese Oil Demand Recover - BLOOMBERG June 15 Nigerians kick as IMF advises FG to introduce telecom tax, extend VAT to fuel - THE GUARDIAN