Market News

July 24 UBS adds Norwegian krone to top FX picks as oil rally seen capped - BLOOMBERG July 24 Yen heads for biggest weekly drop since May despite Tokyo's support pledges - REUTERS July 24 NDIC begins payment to 46 shut MfBs customers - THE NATION July 24 Dangote Refinery completes $2.5b private equity placement - THE NATION July 24 Private sector gets N2.2tr credit in 30 days, says CBN - THE NATION July 24 Nigeria’s money supply hits N133.25tn despite tight monetary policy - PUNCH July 24 Naira gains further on increased dollar liquidity - BUSINESSDAY July 24 Stagflation Talk Returns to Rattle Markets as Oil Rebounds to $100 - REUTERS July 24 Yen Crosses Forecasts – Rising US Rates and Oil Surge Punish Japanese Yen - FX EMPIRE July 24 U.S. Dollar Gains Ground As Brent Oil Hits $100: Analysis For EUR/USD, GBP/USD, USD/C... (read more) July 24 Europe's central bank holds rates steady amid swings in oil prices - ASSOCIATED PRESS July 24 Canadian, U.S. stock markets fall as oil tops US$90 a barrel - THE CANAIAN PRESS July 24 Japan’s 40-Year Yield Rises 10 Basis Points on Inflation Fears - BLOOMBERG July 24 Dollar Hits New 40-Year High Versus Yen; Euro Softer After ECB Holds Rates Steady - REUTERS July 24 Euro Zone Consumers Cut Inflation Expectations in June - REUTERS July 24 Global Bonds Are Reeling as Oil Surge Renews Inflation Threat - BLOOMBERG July 24 China’s Gold Imports Surge After International Prices Slump - BLOOMBERG July 24 Gold Holds Decline as Surging Energy Costs Raise Rate-Hike Bets - BLOOMBERG July 24 Nigerian Naira extends appreciation against US dollar - DAILY POST July 24 Naira Appreciates for Seventh Consecutive Session, Trades N1,367$ - BUSINESS POST July 24 Naira strengthens, trades N1,369.6346/$ at official FX market - July 24 FX Liquidity Buoys Naira to N1,369/$1 at NAFEX, N1,400/$1 at Black Market - BUSINESS POST July 24 LCCI: Dollarisation Of Fuel Sale’ll Put More Pressure On Naira - NEW TELEGRAPH July 24 US imposes 12.5% tariff on Nigerian imports over forced labour claims - PUNCH July 23 Africa FX: Several Major Currencies Expected to Fall - REUTERS July 23 Nigeria’s Biggest Bank Sees Profit Surge After Recapitalization - BLOOMBERG July 23 Naira now N1,413/$ in parallel market - VANGUARD July 23 Dangote drops dollar petrol pricing, offering relief to Nigeria’s economy - BUSINESS INSIDER July 23 Dangote returns to naira sales, raises ex-depot price to N1,215 - THE GUARDIAN July 23 Single-day $1.5bn FX transaction lifts naira as market turnover surges - BUSINESSDAY