Market News

February 19 ECB’s Panetta Says Economic Weakness Is Worse Than Expected February 19 Inflation drop: Experts demand lower interest rate - PUNCH February 19 Nigeria’s oil production now 1.75mbpd, as NUPRC targets additional 1mbpd by 2026 - BUSINESSDAY February 19 NZ central bank cuts rates 50bps, flags steeper easing cycle to revive frail economy - REUTERS February 19 UK Inflation at 10-Month High as VAT Hits Private Schools - BLOOMBERG February 19 Banks must make cash available in ATMs – CBN - PUNCH February 19 CPI rebasing could spark debt to equities shift —Experts - PUNCH February 19 UK annual inflation jumps more than expected - AFP February 19 FX Volatility Leads Global Firms to Seek Shelter in Options, Longer Hedges - BLOOMBERG February 19 Oil Exports from Russia’s Busiest Port Unencumbered By Sanctions - BLOOMBERG February 19 Gold steadies near record as mounting trade risks loom large - BLOOMBERG February 19 Inflation Drops from 34.8% to 24.48% in new NBS index - DAILY POST February 19 Gold Market Ructions Drive Singapore Exports to the US - BLOOMBERG February 19 FG lists N368.3bn bond on NGX - PUNCH February 19 CBN orders banks to publish dormant account details, unclaimed funds - PUNCH February 19 How we arrived at 24.48% rebased inflation figure – Statistician General - BUSINESSDAY February 19 Petrol import persists amid rising local output - BUSINESSDAY February 19 Dollar steady, yen strengthens as traders mull Ukraine peace talks - REUTERS February 19 Nigeria’s inflation rate drops after statistics overhauled and updated - REUTERS February 19 South African rand steady ahead of national budget - REUTERS February 19 Has Nigeria Turned a Corner? Investors Think So - BLOOMBERG February 19 Business confidence grows as reforms bear fruit - BUSINESSDAY February 19 UK inflation leaps to higher-than-expected 3% in January - REUTERS February 19 Nigeria’s naira records highest appreciation against dollar - DAILY POST February 19 CBN seeks stronger Nigeria-Middle East economic ties - PUNCH February 19 CBN asks bank directors with non-performing insider loans to resign - DAILY TRUST February 18 Nigeria to tax cryptocurrency transactions for revenue boost - COINTELEGRAPH February 18 Naira’s rally to N1,500/$ is nothing to celebrate — Teriba - BUSINESSDAY February 18 ‘I’ve Been Fighting Battles’, Dangote Opens Up On His Refinery, Clash With ‘Oil Mafia... (read more) February 18 Oil prices give up early gains as uncertainty reigns over supply