MARKET NEWS
ECB would welcome a weaker euro - REUTERS
LONDON, Dec 6 (Reuters) - The European Central Bank would happily, if quietly, cheer an even weaker euro exchange rate - and may be far more wary of the opposite at just the wrong time.
The euro is likely still too strong for the sort of subdued growth and outsize trade risks the zone faces next year and, far from being a brake on more monetary easing, its depreciation may well be encouraged. And it could argue for at least one deeper half-percentage-point interest rate cut at upcoming meetings.
MARKET NEWS
August 31
Kenya dethrones Nigeria as Africa’s top M&A market by value, jumps 671% Comments ... (read more)
August 31
Oil prices surge as US-Iran strikes revive supply fears - PUNCH
August 31
Experts: Naira Could Strengthen Below N1,000/$ in One Year, N985/$ is Fair Value - THISDAY
August 31
Kenya dethrones Nigeria as Africa’s top M&A market by value, jumps 671% - BUSINESSDAY
August 31
Nigerian equities rally N1.7 trillion gains on global upgrade - THE NATION
August 31
Is a ‘Bessent doctrine’ taking shape in global FX policy? - INVESTING.COM
August 31
Nigeria’s GDP rate grew by 4.4% in Q2, says NBS - THE CABLE
August 31
Nigerian borders are not closed, Interior Minister counters Atiku - THE SUN
August 31
Naira keeps flat in black market as FX turnover rises to $1.06bn - BUSINESSDAY
August 31
$947m July remittances highest monthly inflow — CBN - PUNCH
August 31
Naira appreciates to N1,403/$ in parallel market - VANGUARD
August 31
Finance Bill 2027: FG seeks inputs from stakeholders - THE GUARDIAN
August 31
How we recovered N1.23tn, $684m in 33 months – EFCC Chair - THE NATION
August 31
Nigeria’s sovereign ratings upgraded as fiscal discipline concerns linger - THE NATION
August 31
Monthly remittances hit all-time high at $947 million record - THE NATION
August 31
Nigeria urges AU to explore innovative financing for peace - THE NAITON
August 31
Two-day settlement cycle has enhanced stock market, says SEC - THE NATION
August 31
FG says no oil revenue, strategic assets were pledged as collateral for $5bn FAB loan... (read more)
August 31
Oil prices surge higher as US and Iran exchange fire for first time in a month
August 31
Oil prices higher as US-Iran tensions flare and Warsh fans rate hikes
August 31
US Dollar Price Forecast: Hawkish Warsh Lifts DXY as EUR/USD and GBP/USD Fall
August 31
Dollar loans might erode shareholder value —Chapel Hill Denham warns - NIGERIAN TRIBUNE
August 31
Europe's central bankers fear more turbulence in testy U.S. relations - REUTERS
August 31
Nigeria's economy expands by 4.4% in Q2, lifted by oil and non-oil sectors - REUTERS
August 31
Pension inflows surge 42% despite idle accounts - PUNCH
August 31
Forex utilisation rises by 74 percent to $16.2bn as naira confidence strengthens - ... (read more)
August 31
NELFUND: No naira missing, all payments traceable, says Sawyerr - THE NATION
August 31
Fuel subsidy savings eaten up by naira devaluation, Tinubu policies – Falana - DAILY POST
August 30
Naira keeps flat in black market as FX turnover rises to $1.06bn - BUSINESSDAY
August 30
CBN cuts T-bill rate amid N3.63tn demand - PUNCH




