Market News

May 11 CBN pushes states to cut reliance on overdrafts - PUNCH May 11 Vehicle imports jump 67% in three months - PUNCH May 11 States’ capital spending plunges 58% as 2027 politics intensifies - PUNCH May 11 Foreign Exchange Liquidity Hits $10bn In April - LEADERSHIP May 11 Oil rises $4 after Trump rejects Iran's response to US peace proposal - REUTERS May 11 Naira falls by 0.22 per cent as FX demand intensifies - THE GUARDIAN May 09 Fed Data Suggest Japan Sold US Debt Amid Intervention May 09 Nigeria may reject World Bank loans over delays – Accountant General - PUNCH May 09 Japan Likely Refrained From Currency Intervention After Holidays May 09 South African rand firms on weaker dollar, Ramaphosa court ruling in focus - REUTERS May 09 Africa-FX-Nigeria's currency could add to recent gains - REUTERS May 09 The companies getting rich off Trump’s war in Iran as recession fears grow - THE TELEGRAPH May 09 Naira gains against dollar at official FX market - NIGERIAN TRIBUNE May 09 British Airways business class passengers face higher fares - THE TELEGRAPH May 09 CBN data indicate that the naira continued its upward trend - CHANNELS TVNEWS May 09 Naira sustains rally at official window, closing at N1,355 to dollar - THE NATION May 09 Nigerian currency depreciates to end week on negative note - DAILY POST May 09 Naira sheds N5.5 against dollar at official FX market May 09 Naira nears key N1,350/$ mark as FX market confidence improves - P.M.NEWS May 07 2027 election: Experts warn of surge in govt spending - PUNCH May 07 Naira appreciates significantly against US dollar - DAILY POST May 07 Naira strengthens as FX turnover jumps 59.2% - BUSINESSDAY May 06 Naira trades at 1,366.5/$ in official FX market May 06 South African rand trades around 1-week low as US-Iran hostilities ramp up - REUTERS May 06 Nigeria supplies less than half of allocated crude to refineries in early 2026 - REUTERS May 06 Nigeria supplies less than half of allocated crude to refineries in early 2026 - REUTERS May 06 Oil eases on signs US is loosening Iranian closure of Strait of Hormuz - REUTERS May 06 Oil eases on signs US is loosening Iranian closure of Strait of Hormuz - REUTERS May 06 Oil prices plunge on report U.S. and Iran closing in on a deal to end war; Brent crud... (read more) May 06 Nigeria opposition alliance falters as two leading figures quit, clouding 2027 unity ... (read more)