MARKET NEWS
July 20
US Sets 25% Duty on Some Brazilian Imports Starting July 22 - BLOOMBERG
July 20
Dollar drifts as US-Iran conflict intensifies; sterling inches higher - REUTERS
July 20
US-Iran war pushes oil prices above $90, US gasoline above $4 per gallon again - YAHOO FINANCE
July 20
Oil-Service Companies Set to Reveal War’s Impact on Earnings - BLOOMBERG
July 20
Korea Raises Rates for First Time Since 2023 on Chip-Led Boom - BLOOMBERG
July 20
Hedge Funds Amass Biggest New Zealand Dollar Net Short Since 2006 - BLOOMBERG
July 20
US gas prices hit an average of $4 a gallon again as the US and Iran launch attacks -AP
July 20
Gold Falls as US-Iran Hostilities Keep Rate Hike Bets on Table - BLOOMBERG
July 20
Analyst forecasts MPC to hold rate at 26.50% - PUNCH
July 20
Businesses expect CBN to hold rates as MPC meets today - PUNCH
July 20
New CBN capital rules may trigger N972bn equity scramble – Report - PUNCH
July 20
Euromoney names Chapel Hill Denham Nigeria’s top investment bank - PUNCH
July 20
Nigeria’s reserves hit $52bn, inflation drops to 15.9% - PUNCH
July 20
Finance minister charts course for $1tn economy - PUNCH
July 20
Nigeria’s Petrol Import Rises 207% to 543m Litres in One Month, Puts Pressure on Nair... (read more)
July 20
Petrol, Policy: The Price Nigerians Pay Twice - LEADERSHIP
July 20
Parallel Market Loses Grip On Naira As CBN Reforms Gain Traction - INDEPENDENT
July 17
CBN unveils centralised system to track BDC transactions - PUNCH
July 17
Marketers demand revival of refineries amidst Dangote’s dollar sales - DAILY TRUST
July 17
Rising petrol prices tighten margins for fuel importers - PUNCH
July 17
Tinubu unveils $3.05bn W’Bank-funded anti-poverty programmes - PUNCH
July 17
EA Boss Warns Global Economy in Peril If Hormuz Crisis Persists - BLOOMBERG
July 17
Naira cools as Dangote’s dollar-based fuel sales lift FX demand - BUSINESSDAY
July 17
Nigerian Naira extends appreciation - DAILY POST
July 17
Naira now N1,422/$ in parallel market - VANGUARD
July 17
CBN issues fresh guidelines for BDCs on FX purchases, announces portal - DAILY POST
July 16
UK sanctions gold and finance networks over Sudan war - RETUERS
July 16
Nigeria to track poverty, incomes as government seeks proof reforms are working - REUTERS
July 16
Nigeria’s pension assets skyrocket by 51% to hit a massive $22.8 billion - BUSINESS INSIDER
July 15
Naira depreciates, trades at N1,383.0755 at official FX market - NIGERIAN TRIBUNE




