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Home > Latest

Lates News

date
25/09/2025
S&P 500 component stock Adobe fell by 3.2%, after Morgan Stanley lowered its rating on the stock from "buy" to "hold".
Latest
4 m ago
Citigroup Group stated that with the gradual interest rate cuts by the Central Bank of Nigeria and the decline in oil prices, the naira may face moderate pressure next year after stabilizing in 2025. Citigroup's African economist David Cowan said that by mid-next year, the currency of Africa's largest oil-producing country could depreciate to a range of 1,650 to 1,700 naira to the US dollar. The Central Bank of Nigeria lowered its key interest rate by 50 basis points to 27% on Tuesday, marking the first rate cut in five years and signaling the beginning of a loosening cycle after inflation fell to nearly a year low of 20.1% in August. Cowan said that the depreciation of the naira may first start with outflows of portfolio funds. He said that Citigroup traders estimate that about $9 billion of these funds currently flowing into the Nigerian market.
4 m ago
Citigroup: The Nigerian naira may face moderate pressure next year after stabilizing in 2025.
7 m ago
Brazilian Central Bank: As of September 19, the net outflow of funds from Brazil for the month amounted to 5.45 billion US dollars.
9 m ago
The 57th ASEAN Economic Ministers' Meeting reaffirmed its firm commitment to uphold the multilateral trading system.
12 m ago
Bank of England Monetary Policy Committee member Green: The process of combating inflation is slowing down, and caution is needed. It is still unclear whether the current policies have a significant restrictive effect.
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