Market News

January 03 Nine banks rake in N4.8tn on loan charges - punch January 03 Gold Declines as Traders Await Key US Economic Data - bloomberg January 03 China Lets Yuan Weaken After Defending 7.3 Per Dollar for Weeks - BLOOMBERG January 03 FG borrowings pushes money supply to N108.96tn – CBN - THE GUARDIAN January 03 90% of Lome cargo traffic Nigerian-bound, says Shippers’ Council - THE GUARDIAN January 03 Middle East Oil Prices Jump on Scant Flows From Iran, Russia - BLOOMBERG January 03 Telcos propose 100% tariff hike, await NCC nod - PUNCH January 03 Approve forex benchmark for hajj transactions, IHR urges FG - NIGERIAN TRIBUNE January 03 Oil Rally Stalls With China Woes After Breakout From Tight Range - BLOOMBERG January 03 Nigeria attracts $3.73b FDI in five years despite huge spending on roadshows - THE GUARDIAN January 03 Phone financing schemes gain traction on economic crunch - BUSINESSDAY January 03 UK Mortgage Approvals in Surprise Drop After Labour Budget - BLOOMBERG January 03 Rupee may dip to all-time low on Fed outlook-spurred dollar rally - REUTERS January 03 Indian central bank likely selling dollars to support rupee, traders say - REUTERS January 03 Ugandan shilling stable, dollar demand muted - REUTERS January 03 Money supply grows by 51 per cent in one year to N109 trillion - THE GUARDIAN January 03 Canadian dollar edges lower against dominant greenback - REUTERS January 03 What will happen to interest rates in 2025? - YAHOO FINANCE January 03 New withholding tax policy begins - PUNCH January 03 Naira depreciates to 1,541/$ on first trading day of 2025 - NIGERIAN TRIBUNE January 03 90% of workers will pay lower taxes after reform, says Oyedele - THE GUARDIAN January 03 FX pressure will reduce as Warri refinery resumes – Senator - PUNCH January 03 Naira weakens to 1,541/$ - PUNCH January 02 Nigeria’s business activity rises first time in six months - BUSINESSDAY January 02 Why the US dollar is so strong to start the year - FOREXLIVE January 02 Rolex Hikes Watch Prices by as Much as 8% After Gold Surges - BLOOMBERG January 02 Rupee ends at record closing low for seventh straight session - REUTERS January 02 Dollar at two-year high on growth outlook, euro tumbles - REUTERS January 02 Mexican peso posts biggest annual drop versus US dollar in 16 years - REUTERS January 02 Sterling falls to nine-month low as dollar carries on climbing - REUTERS