Market News

February 21 Nigeria Sells T-Bills at Year Low Ahead of Expected Rate Pause - BLOOMBERG February 21 Goldman Sachs Sees More Life in Dollar’s Tariff-Fueled Gains - BLOOMBERG February 21 Egg Shortage to Spur Demand for Chicken, Beef, Shake Shack Says - BLOOMBERG February 21 African Markets – Factors to watch on Feb 21 - REUTERS February 21 Iron ore heads for weekly gain on brightening demand outlook, China stimulus hopes - REUTERS February 21 Gold on Pace to Log Eighth Weekly Advance as ETFs Lure Inflows - BLOOMBERG February 21 Naira appreciates to N1,505/$1 as CBN retains interest rates - DAILY TRUST February 21 Naira appreciates to N1,500 per dollar at black market - DAILY POST February 21 Local refineries not producing up to 50% of Nigeria’s petrol demand – NMDPRA - BUSINESSDAY February 21 Canada Retail Sales Fell in January After End-of-Year Surge - BLOOMBERG February 21 Investors stake N2.41tn in treasury bills auction - PUNCH February 21 Sterling stalls at two-month highs after PMI, retail sales - REUTERS February 21 Cost-of-living crisis persists amid N15trn FAAC payouts - BUSINESSDAY February 21 Naira rises to 1,494.03/$ at official market - PUNCH February 21 CBN Retains MPR at 27.50% - THISDAY February 21 South African rand stable after volatile week - REUTERS February 21 India fines BBC for alleged foreign exchange violations, sources say - REUTERS February 21 CBN’s Call for Telecoms Backward Integration to Lift Naira, Economy - THISDAY February 21 EFCC returns $132, 362, N78m to foreign fraud victims - PUNCH February 21 US Consumers Long-Run Inflation Views Rise to Highest Since 1995 - BLOOMBERG February 21 Cocoa Drops as Demand Worries Overshadow Tight Supplies Cocoa Drops as Demand Worries... (read more) February 21 Brazil's central bank director says rates will be adjusted as needed after March - REUTERS February 21 US dollar recovers as markets in consolidation mode; pares gains after data - REUTERS February 21 Stock Market Reverse Gains as CBN Retains MPR at 27.5% - THISDAY February 21 Emefiele loses $4.7M, N830M, property in forfeiture order - BUSINESSDAY February 21 Court orders final forfeiture of millions of dollars, mansions, estates linked to Eme... (read more) February 21 Nigeria should be producing up to 4mbpd — OPEC - PUNCH February 21 US dollar stumbles on 'tariff fatigue'; yen soars as BOJ hike bets rise - REUTERS February 21 Nigeria eyes $9b from cocoa as UK seals $40.5m deal with local firm - THE GUARDAN February 21 NDIC pledges to prevent bank failure, assure depositors of funds security - THE GUARDIAN