MARKET NEWS
Nigeria-Founded Moove to Exit Country After Uber Pulled Out - BLOOMBERG
Moove, the Nigerian-founded mobility startup valued at $2.1 billion, plans to exit the African country after Uber Technologies Inc. closed its operations in early September.
A Moove representative said the company was planning to “conclude operations in this market,” in response to questions on the matter, adding that the company did not have anymore details to share at this point in time.
MARKET NEWS
October 12
Ghana’s yuan payment system puts Nigeria’s $2bn swap deal in focus - NIGERIAN TRIBUNE
October 12
Nigeria imports petrol as Dangote exports to W’Africa – Report
October 12
Nigeria’s debt interest soars 124% above revenue - PUNCH
October 12
FX market turnover surges 98% to $3.37bn - PUNCH
October 09
South African rand holds steady after weak manufacturing data - REUTERS
October 09
Nigeria proposes petrol price cap to curb fuel cost volatility - REUTERS
October 09
World Bank sees Nigeria growth averaging 4.4% through 2028 - REUTERS
October 09
Nigerian states’ revenues rise 93%, but education spending drops — World Bank - NAN
October 09
AFRICA-FX-Uganda's currency expected to remain on the ropes - REUTERS
October 09
Naira extends depreciation against USD - DAILY POST
October 09
Nigeria risks economic setback if petrol subsidy returns - Oyedele - THE SUN
October 09
Subsidy return could push petrol to N2,000, dollar to N3,000 - FG - PUNCH
October 08
Kenya central bank keeps main lending rate unchanged - REUTERS
October 08
Germany Doubles 2026 Growth Outlook as Manufacturing Rallies - BLOOMBERG
October 08
Fed minutes: Another rate hike likely coming this year to combat persistent inflation... (read more)
October 08
Brent crude tops $105 as Trump weighs resuming 'major combat operations' in Iran
October 08
Oil near $105 as Trump reportedly weighs renewed Iran strikes - YAHOO FINANCE
October 08
China defends yuan policy as Europe steps up pressure over trade surplus - REUTERS
October 08
Copper Gains with Other Metals as China Returns in Positive Mood - BLOOMBERG
October 08
Canada sees record surge in U.S. exports ahead of new tariffs in August - THE CANADIAN PRESS
October 08
AI Bubble Risks Worst S&P 500 Crash Since 2008, Strategist Says - BLOOMBERG
October 08
World Bank sees Nigeria growth averaging 4.4% through 2028 - REUTERS
October 08
Nigeria-Founded Moove to Exit Country After Uber Pulled Out - BLOOMBERG
October 08
Nigeria’s $1.3 billion hydropower plant runs at half capacity, prompting regulatory r... (read more)
October 08
US Dollar Price Forecast: Fed Minutes Back DXY, Can GBP/USD and EUR/USD Recover? - FX EMPIRE
October 08
Euro limps toward fifth weekly loss as dollar pauses near 18-month highs - INVESTING.COM
October 08
Crude Oil Production Has Risen To 1.8mb/d - Ojulari - CHANNELS TV
October 08
Ghana inflation accelerates for second month in September -
October 08
Copper Gains with Other Metals as China Returns in Positive Mood - BLOOMBERG
October 08
Oil Edges Higher on Iran Strike Options Report and Storm Impact - BLOOMBERG




