Here’s your Forex & Global Economics daily digest 📊. Stay ahead of FX markets, macro trends, and African economic news.
- 🇳🇬 Transcorp Hotels shines as market breaks 219,500, 5 stocks trigger gain limit – Nairametrics
- 🇳🇬 Naira weakens as forex traders cite fiscal indiscipline, budget overlap – Nairametrics
- 🇳🇬 Services sector drives lending as industry credit contracts in one month
- 🇳🇬 Providus Bank introduces T2T programme to scale SMEs into global trade
- 🇳🇬 Africa’s finance ministers push for a rewrite of the rules in Washington – African Business
- 🇳🇬 Dangote prepares $40bn refinery IPO across multiple exchanges – African Business
- 🇳🇬 Wale Edun wasn’t sacked — he resigned over ill health, says presidency – TheCable
- 🇳🇬 After his removal, Wale Edun says he’s proud of achievements as finance minister – TheCable
- India’s digital currency push targets its leaky welfare system – Reuters
- Bessent says Gulf, Asian allies request swap lines, UAE and US would benefit from one – Reuters
- US allies in Gulf and Asia have requested swap lines, Bessent says
- Crypto billionaire Justin Sun sues Trump family’s World Liberty Financial
- Yuan to Surpass Yen in Global Currency Options Trading, LCH Says – Bloomberg.com
- Bessent Says US Allies in Gulf, Asia Requested Swap Lines – Bloomberg.com
- Global energy markets are on the verge of a disaster
- American corporate profits keep shrugging off global tumult
- Stakeholder Engagement Plan (SEP) Gulf of Guinea Northern Regions Social Cohesion project (P175043) (Francês) – World Bank
- Resettlement Plan Enhancing Connectivity in the Northern and Central Agricultural Production Areas of Senegal (P176419) (French) – World Bank
- Call for Papers: Labor Markets and Structural Transformation in Times of Change: AI and Demographic Shifts – International Monetary Fund | IMF
- The IMF Executive Board Concludes Fifth Review of the Extended Fund Facility Arrangement for Ecuador – International Monetary Fund | IMF
- African Development Bank and CABEI sign framework agreement to boost economic growth, social well-being of member countries
- Uganda: African Development Bank approves additional €7.33 million to complete payouts to communities affected by rural electrification project
- GBP/JPY turns positive to near 215.40 ahead of flash UK PMI data
- US Dollar Index Price Forecast: Remains above 98.50 due to possible bullish reversal
- Germany April flash manufacturing PMI 51.2 vs 51.4 expected
- France April flash services PMI 46.5 vs 48.5 expected
- 🇳🇬 Food prices surge as N7.65 trillion imports, FG interventions fall short – Nairametrics
- 🇳🇬 AI reshapes financial reporting, raises risks to market trust
- 🇳🇬 Bayo Adelabu resigns as power minister, proposes coordinating minister for energy role – TheCable
- Rupee breaks 94 as oil surge deepens sentiment hit from RBI FX curb relaxation – Reuters
That’s a wrap on forex and economics today 🌍. Which currency pair or macro trend are you watching?
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