Market News

May 02 Sterling edges up against weaker dollar ahead of key U.S. data - REUTERS May 02 Nigeria's Aliko Dangote 'comfortable' with impact of Trump tariffs on urea exports - REUTERS May 02 Yellen warns U.S. recession risk is ‘way up’ after Trump’s tariffs - BLOOMBERG May 02 Gold Heads for Weekly Loss as Traders Pare Back US Rate Cut Bets - BLOOMBERG May 02 Oil falls as traders weigh potential US-China trade talks - REUTERS May 02 AfDB approves $650m yearly funding for Nigeria’s economy - BUSINESSDAY May 02 African Markets – Factors to watch on May 2 - REUTERS May 02 Nigeria’s Aliko Dangote ‘comfortable’ with impact of Trump tariffs on urea exports - REUTERS May 02 IMF trims 2025 Middle East, North Africa growth forecast to 2.6% as global risks moun... (read more) May 02 UK, Nigeria partner to combat fraud, financial crimes - THE CABLE May 02 CBN raises N804bn at open market auction - PUNCH May 01 Oil Rises to $85 in Rally Driven by OPEC, Geopolitical Risks - BLOOMBERG May 01 Nigeria’s central bank slams Paystack with record fine over fintech compliance - ... (read more) May 01 Yellen Warns US Recession Risk Is ‘Way Up’ After Trump’s Tariffs - BLOOMBERG May 01 Budget Deficit: FG Accesses N2.5trn from Bond Market in Four Months - THISDAY May 01 Deficit, Borrowing Biggest Threat to Nigeria’s $1trn Economy Goal, NACCIMA, OPS Warn - THISDAY May 01 Trump tariffs will cause 'modest downturn' in Canada but create 'rare opportunity for... (read more) May 01 U.S. Economy Contracts While Inflation Slows - DOW JONES May 01 Gold hits two-week low as easing trade tensions boost risk appetite - REUTERS May 01 Canada's GDP contracts by 0.2% in February, slight growth likely in March - REUTERS May 01 Oil Slump Accelerates on Signs OPEC+ Will Maintain Higher Output - BLOOMBERG May 01 IMF Says Egypt Should Be Vigilant in Easing Interest Rates - BLOOMBERG May 01 Asian FX bulls gain momentum as dollar stays under pressure - REUTERS May 01 Banks increase SMS alert charges, blame telcos’ 50% tariff hike - THE GUARDIAN May 01 Reforms, strong earnings push investors’ gain to N3.6tr in four months - THE GUARDIAN May 01 Gold extends losses as tariff tensions ease - YAHOO FINANCE May 01 Oil drops on US economic contraction, possible OPEC+ supply rise - REUTERS May 01 Nigerian importers, exporters Dollar-transactions negating currency swap gains — CBN ... (read more) May 01 Mexico Economy Narrowly Dodges Recession Amid US Trade Chaos - BLOOMBERG May 01 South Africa’s rand weakens after mixed local data, US GDP dip - REUTERS