Market News

August 25 Gold hits over three-month high on dollar weakness, Treasury bond buyback plans August 25 DLM tops money market ranking with 20.69% returns - PUNCH August 25 Nigeria’s foreign reserves gain $7bn in eight months - PUNCH August 25 NGX sheds N137bn as banking, insurance stocks slide - PUNCH August 25 Bitcoin rises above $80,000 as soft dollar, debasement fears boost momentum - REUTERS August 25 Dollar inches up as markets weigh Iran sanctions, Treasury buybacks - REUTERS August 25 South African rand holds near multi-month high as Iran sanctions loom - REUTERS August 25 Dollar Rises as U.S. Expands Iran Sanctions and Announces New Canada Tariffs August 25 Oil drops more than $2 despite new US sanctions on Iran - REUTERS August 25 Oil drops more than $2 despite new US sanctions on Iran - REUTERS August 25 Oil drops more than $2 despite new US sanctions on Iran - REUTERS August 25 Canada to announce retaliatory tariffs against the U.S. on Tuesday, sources tell CTV News August 25 Naira depreciates against US currency - DAILY POST August 25 CBN’s 20% OMO yield comes with a reinvestment problem - BUSINESSDAY August 24 Stronger dollar supply lifts naira as reserves rise - PUNCH August 24 Banks raise international spending limits for Nigerian cards - THE NATION August 23 Venezuela abandoning the bolivar and adopting the U.S. dollar would be the biggest cu... (read more) August 23 Sell U.S. dollar versus these currencies, BCA says - INVESTING.COM August 23 Bessent Has No Easy Fix for What’s Really Driving Bond Yields Up - BLOOMBERG August 23 Fed’s Kashkari Says Treasury Market Still Working ‘As It Should’ - BLOOMBERG August 23 Why does the USD outlook depend on UST and Fed policy credibility? August 23 How bitcoin and gold went from a slump to an MVP week in just a few days - THE ... (read more) August 23 Will Bessent’s intervention mark a turning point for the yen? - INVESTING.COM August 23 Binance halts transactions with 17 crypto platforms in Nigeria, others - THE GUARDIAN August 23 Nigerian stock market turnover drops 10% to N157.76bn - THE NATION August 23 FAAC trillions: Govs list projects, Nigerians await relief - PUNCH August 23 Naira gains N11 against US dollar week-on-week - DAILY POST August 23 Expert projects positive outcome for economy in half year - THE NATION August 23 Naira gains N1.13, close at N1,346.49 per dollar - PUNCH August 23 Nigeria’s 40 auto plants produce below 5% capacity – NADDC - PUNCH