Market News

April 18 NGX rebounds as capitalisation rises by N240b amid gains in NB, others - THE GUARDIAN April 18 Oil Watchers Are Ripping Up Their Demand Forecasts One by One - BLOOMBERG April 18 Citi lifts 0-3 month gold price target to $3,500 on China buying, safe-haven demand - REUTERS April 18 Gold just hit another record high. Why Wall Street says it still has room to run. -... (read more) April 18 Oil Prices Are Recovering, But Can Exporters Outlast the Tariff Circus? - OILPRICE.COM April 18 London falls out of top five wealthiest cities as millionaires leave - THE TIMES April 18 Heathrow, Paris, Dubai top list of airports with most missing luggage - THE GUARDIAN April 18 Dollar benefits from selling exhaustion, ECB cuts rates - REUTERS April 18 Economy suffers from inability to transition to 24-hour port operations - THE GUARDIAN April 18 Inflation resumes upward trend, rises to 24.23% in March - THE GUARDIAN April 18 Nigeria cuts electricity subsidies by 35% after tariff hike - REUTERS April 18 China-Nigeria pact to unlock $1 billion investment in sugar value chain - THE GUARDIAN April 18 FG secures $1.3bn lithium deal as confidence grows - THE GUARDIAN April 18 Egypt cuts interest rates 225 basis points, says more cuts likely April 18 SEC: CBEX Used Promo to Create False Perception of Legitimacy - THISDAY April 18 NSIA grows FG’s investment by $1 billion in 13 years - THE GUARDIAN April 18 ICYMI: Greed factor: Why Nigerians are losing billions to get-rich-quick investment f... (read more) April 18 Why have gold prices hit record highs? - SKY NEWS April 18 Gold Is at a Record High. Why It Could Climb Even Higher. - BARRON'S April 18 Panic as U.S. cancels visas of over 901 international students, including Nigerians ... (read more) April 18 Strange sell-off in the dollar raises the specter of investors losing trust in the US... (read more) April 18 Oil prices rise as US issues new Iran sanctions - YAHOO FINANCE April 18 Solid profits will cushion windfall tax effects – Fitch - PUNCH April 18 Ghana's currency expected to post gains, Zambia seen under pressure - REUTERS April 18 PwC says CBN must maintain tightening to stabilise naira, curb inflation - BUSINESSDAY April 18 Why naira-for-crude must be sustained - PUNCH April 18 FG to clear N2tn Gencos debt by December - PUNCH April 18 Naira continues depreciation against dollar as CBN issues BDC operators warning - DAILY POST April 17 ECB cuts rates as tariffs to hits already weak growth - REUTERS April 17 Nigeria turning the corner as solid minerals draw investors’ interest – Aigbogun - BUSINESSDAY