Market News

April 25 Why oil prices keep crashing even as Trump's trade war pivot eases demand fears - BUSINESSDAY April 25 World Bank: CBN’s reforms stabilising naira, boosting FX liquidity - THE NATION April 25 CBN’s policy reforms improved Fx liquidity, stabilised Naira – World Bank - PREMIUM TIMES April 25 Over 70% of Nigerian export shipments to U.S. refused entry, operator alleges - THE GUARDIAN April 25 10 banks pay N987bn tax to FG - PUNCH April 25 Rupee falls amid rising tensions with Pakistan after Kashmir attack - REUTERS April 25 Nigeria’s Stock Exchange Remains Upbeat - VON April 25 Nigeria in talks to rejoin JPMorgan Index - PUNCH April 25 Canadian dollar weakens, benchmark yield slips - REUTERS April 25 Dollar set for first weekly gain since March on signs of easing in US-China tensions - REUTERS April 25 Rising inflation may halt interest rate reduction, OPS laments - PUNCH April 25 Nigeria: FG to prioritise resource allocation due to low oil prices — Edun - NIGERIAN TRIBUNE April 25 Nigeria targets 7% growth with private sector-led investment - NIGERIAN TRIBUNE April 25 JPMorgan sees ‘tremendous’ opportunity in U.S. Treasuries on Fed cuts - BLOOMBERG April 25 Russian central bank keeps key rate on hold at 21% - REUTERS April 25 Gold Tumbles in Volatile Week on Signs Trade Tensions May Ease - BLOOMBERG April 25 Exclusive-OPEC+ to consider another accelerated oil output increase for June - REUTERS April 25 Foreign investors dominate NGX as total trades cross N1tn - PUNCH April 25 India's forex reserves jump to six-month high of $686.2 billion - REUTERS April 25 Swiss National Bank chairman rebuffs bitcoin as reserve asset - REUTERS April 25 Oil set for weekly fall under supply pressure - REUTERS April 25 World Bank projects 3.6% economic growth for Nigeria - PUNCH April 25 How Nigeria’s reforms are faring, by Edun, Cardoso - THE NATION April 25 World Bank sees poverty rising in Nigeria despite economic growth - BUSINESSDAY April 25 South African rand stable as investors await budget clarity - REUTERS April 25 EFCC gets order to arrest six CBEX promoters - PUNCH April 25 Why Investors Can’t Get Enough of Gold Right Now - BLOOMBERG April 25 Japan says no talk of currency target, yen control in finance dialogue with US - REUTERS April 25 Zimbabwe’s local currency inflation at over 85% y/y in April - REUTERS April 25 Ponzi schemes threaten capital market growth — SEC - PUNCH