Market News

May 18 OPEC expects slower 2025 oil supply growth from rivals after price drop - REUTERS May 18 Gold Hits $3,500 As Larry Summers Says U.S. Market Is 'On A Path' To Crisis Like UK's... (read more) May 18 Investors Await Another Monday Jolt After Moody’s Downgrades US - BLOOMBERG May 18 US Loses Last Top Credit Rating With Downgrade From Moody’s - BLOOMBERG May 18 Kenya's shilling stable versus dollar, LSEG data shows - REUTERS May 18 Nigeria's Trans Niger oil pipeline bursts, spills crude, rights group says - REUTERS May 18 South African rand eases from five-month high - REUTERS May 18 Ghana's government to acquire land for cocoa plantations - REUTERS May 18 Reform UK’s fiscal plans could spark ‘Sterling crisis’, economist warns - CITY.A.M May 18 Scott Bessent says tariff rates will return to ‘reciprocal’ levels if countries don’t... (read more) May 18 Assessing the Impact of Increased Tariffs on the Global Economy - May 18 Grim Economic Outlook Overtakes Solid Earnings as Tariff Disruptions Surface - BLOOMBERG May 18 US loses last triple-A credit rating as Moody's cuts over govt debt - AFP May 18 UK economy grows 0.7% in first quarter of the year - YAHOO FIANCE May 18 Interest rate cuts would ‘boost growth’, businesses tell Bank of England - CITY.A.M May 18 US stripped of top credit rating as Trump plots tax cuts - THE TELEGRAPH May 18 Euro zone growth downgraded but employment holding up May 18 Sterling rises after upbeat UK GDP data - REUTERS May 18 Naira outlook brightens, inflation falls amid external reserves rebound - THE DAILY TIMES May 18 Economic reforms: Public debt drops to $94.22b from $113b - THE NATION May 18 Naira appreciates to N1,598.72 against Dollar - PUNCH May 18 Naira strengthens against dollar amid improved forex liquidity - NAN May 18 Naira Abuse: Repeal CBN’s Section 21, Act 2007, Adeyanju tells NASS - VANGUARD May 18 FG confirms two million households for cash transfer - PUNCH May 18 Naira ends week strong, closes at N1,598.72/dollar - THE NATION May 18 CBN’s NRBVN platform: Bridging diaspora dreams with homegrown financial inclusion - BUSINESSDAY May 18 France injects €100 million support into Nigeria’s creative economy - BUSINESS INSIDER May 18 Nigeria’s economy facing turbulence, Food Union laments - DAILY TRUST May 18 China to establish electric vehicle factories in Nigeria - PREMIUM TIMES May 18 BREAKING: Tinubu approves implementation of Nigeria First Policy, ban on foreign good... (read more)