Naira volatility eases as FX reserves climb for a third month
Reserve accumulation is doing more for stability here than rate policy is.
Market news
Global economic news, scanned and explained.
MPR
27.5%−0.0
CPI (Inflation)
22.8%▲ −0.4
GDP Growth
3.2%▲ +0.1
USD/NGN
1,349.77▲ 0.11%
EUR/USD
1.17▲ 0.02%
GBP/USD
1.36▲ 0.14%
USD/ZAR
16.01▼ 0.76%
USD/EGP
50.88▲ 0.00%
USD/KES
129.4▼ 0.03%
USD/GHS
11.12▲ 0.25%
Gold (oz)
4,621.21▲ 2.25%
MPR
27.5%−0.0
CPI (Inflation)
22.8%▲ −0.4
GDP Growth
3.2%▲ +0.1
USD/NGN
1,349.77▲ 0.11%
EUR/USD
1.17▲ 0.02%
GBP/USD
1.36▲ 0.14%
USD/ZAR
16.01▼ 0.76%
USD/EGP
50.88▲ 0.00%
USD/KES
129.4▼ 0.03%
USD/GHS
11.12▲ 0.25%
Gold (oz)
4,621.21▲ 2.25%
What's moving markets today
KainosEdge's take.
OPEC+ output decision leaves Nigeria's 2027 budget assumptions exposed
The benchmark oil price in the budget is now the most fragile number in it.
Manufacturing PMI ticks up for the second straight month
Input-cost relief, not demand growth, is what's actually moving this number.
Global rate cuts open a window for Eurobond refinancing
The window is real, but it's narrower than the headlines suggest.
Diaspora remittance inflows post a fifth consecutive rise
This is doing more for the FX market than any single policy announcement this quarter.
Cocoa and cashew export earnings diverge sharply from the naira's official rate
The gap between farm-gate pricing and export earnings is where the real story is.
Federal borrowing plan revised as revenue targets slip
The revision is smaller than the miss it's covering for.
Regional trade bloc flags new non-tariff barriers affecting Nigerian exporters
Worth watching for any business with cross-border logistics exposure.
80 headlines
Biztoc.com · 1d ago
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As Luckin expands globally, can China’s coffee brand succeed where its soft power has struggled?
Read source →Crypto Briefing · 1d ago
Market warns US Treasury’s debt strategy may raise borrowing costs
Read source →Biztoc.com · United States · 1d ago
US sells $8B in 30-year TIPS at 2.973% yield
Read source →Crypto Briefing · United States · 1d ago
Citigroup turns bearish on US dollar amid Fed policy shift
Read source →The Punch · 1d ago
Wike defends subsidy removal, slams Atiku over u-turn on policy
Read source →PRNewswire · 1d ago
In HelloNation, Insurance Expert Tate Ficker Explains the Value of Umbrella Insurance
Read source →DW (English) · Germany · 1d ago
Drought in Germany and Europe are driving up costs
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First-Time Buyers Can Get Bushwick Co-ops in Affordable Housing Lottery
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Walmart reports mixed results as gas prices drag on US sales growth
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Walmart posts weakest growth in years, a worrying sign of inflation-weary Americans
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New York Moves Sweeping BNPL Regulation Closer to Implementation
Read source →The Times of India · 1d ago
Market Trading Guide: GMR Airports among 2 stock recommendations for Friday
Read source →Daily Signal · 1d ago
US Weekly Jobless Claims Dip in Latest Week
Read source →Biztoc.com · United States · 1d ago
Layoffs still sparse, U.S. unemployment claims dropped to 206,000 last week
Read source →BusinessLine · India · 1d ago
India permits import of 1 million tonne raw sugar duty-free
Read source →Biztoc.com · 1d ago
Walmart says it is using $2.9 billion in tariff refunds to lower prices
Read source →Fortune · Venezuela · 1d ago
Exclusive: Venezuela, sick with hyperinflation, engages the ‘money doctor’ Steve Hanke for a dose of dollarization medicine
Read source →Business Insider · 1d ago
Walmart just flashed a warning sign about the US consumer — and its stock is tumbling
Read source →Android Central · Brazil · 1d ago
Early Xreal Aura hype tops expectations, CEO Chi Xu says its demand is 'exciting'
Read source →PRNewswire · 1d ago
Intuit Inc. (INTU) Shareholders Who Lost Money Have Opportunity to Lead Securities Fraud Lawsuit
Read source →Android Authority · 1d ago
JBL Xtreme 5 drops back to its best price with $100 off at Amazon
Read source →Fortune · 1d ago
The AI industry is getting better at spotting dangerous behavior. It is less clear that labs know how to stop it.
Read source →The Times of India · 1d ago
Landlord, 60, sexually harasses student at flat in Bengaluru
Read source →The Times of India · 1d ago
HC orders CID probe into IndusInd Bank fake gold loan case
Read source →Biztoc.com · 1d ago
A Look Back at Ingredients, Flavors & Fragrances Stocks’ Q2 Earnings: Darling Ingredients (NYSE:DAR) Vs The Rest Of The Pack
Read source →Business Standard · 1d ago
Sebi permits digitally signed power of attorney to ease FPI onboarding
Read source →CBS Sports · 1d ago
James Harden returning to Cavaliers on three-year, $97 million deal after team's acquisition of Peyton Watson
Read source →Biztoc.com · 1d ago
Unusual Options Activity Spikes in This 1 Stock After Earnings: How to Trade It Here
Read source →The Times of India · 1d ago
Lilly Chen left high school at 16 to become a Buddhist monk. Years later, she joined Meta and founded a startup competing with Accenture
Read source →The Times of India · 1d ago
Shein targets Hong Kong market debut on September 1, sources say
Read source →24/7 Wall St. · 1d ago
Chevron vs. Exxon Mobil: The Better Energy Stock for the Next 5 Years
Read source →Crypto Briefing · 1d ago
Adit Singh joins Mayfield as infrastructure partner focusing on AI investments
Read source →pymnts.com · 1d ago
Retailers Report AI-Driven Sales and Bigger Baskets in Q2 Earnings
Read source →Biztoc.com · 1d ago
Hovnanian Enterprises Q3 Earnings Call Highlights
Read source →Biztoc.com · United States · 1d ago
Walmart's 10% Plunge Weighs on All Three Major Indexes
Read source →Observer · 1d ago
Meet Herbert Wertheim, the Billionaire Who Paid $40M for Ferrari’s First EV
Read source →Biztoc.com · 1d ago
Why Autozone Stock Dropped Today
Read source →Biztoc.com · 1d ago
ScanSource, Inc. Q4 2026 Earnings Call Summary
Read source →Talosintelligence.com · South Africa · 1d ago
Is Cyber missing the Marque?
Read source →Legalinsurrection.com · 1d ago
NY Gov. Kathy Hochul: Don’t Deport ‘Essential’ Haitians, Salvadorans Who Staff Government
Read source →The Times of India · 1d ago
Multi-state societies causing chaos in cooperative sector: Pinarayi
Read source →Wavehouse.dev · 1d ago
Show HN: WaveHouse – Supabase for ClickHouse
Read source →Deadline · 1d ago
Netflix Nabs ‘The Headlands House’ Limited Series Starring Colman Domingo
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Hinckley Allen Files Constitutional Challenge to Rhode Island's Selective Property Tax on Behalf of Homeowners
Read source →Betalist.com · 1d ago
hAIve Mix – Compare answers from multiple AIs and verify claims on the web
Read source →Scientific American · China · 1d ago
China’s solar power rollout is harming birds, a new analysis finds
Read source →PRNewswire · 1d ago
Ursa Major Opens New Longmont Manufacturing Facility
Read source →PRNewswire · 1d ago
AECOM (ACM) Securities Investigation Notice - Levi & Korsinsky
Read source →OilPrice.com · China · 1d ago
Kazakhstan Caught in the Middle of the U.S.-China AI Rivalry
Read source →GamesRadar+ · 1d ago
Ghost Rider release date, cast, trailer, story speculation, and more news on the upcoming Marvel movie
Read source →Hot Hardware · South Africa · 1d ago
GTA 6 Leakers Turn Up The Heat With Threats To Expose More Content
Read source →BBC News · 1d ago
Walmart sales under strain as US shoppers pull back
Read source →The Times of India · 1d ago
No role for state in finalising bullet train route or alignment in Telangana: BJP
Read source →The Times of India · 1d ago
Jaipur golfer Prakhar Asawa slips to tied eighth at Kolar Open 2026
Read source →The Times of India · 1d ago
At Longowal rally, SAD accuses splinter groups of working at behest of enemies
Read source →Military.com · United States · 1d ago
Join The Navy
Read source →Electrek · 1d ago
This $0-down Illinois home solar deal includes a huge 60 kWh battery
Read source →The Times of India · 1d ago
Sushmitha’s comments are of personal nature: Surekha
Read source →BeInCrypto · Nigeria · 1d ago
Unitree CEO Reveals When Robots Could Reach Their ‘ChatGPT Moment’
Read source →CNBC · Nigeria · 1d ago
Humanoid robots' 'ChatGPT moment' could be 10 years away, Unitree founder says
Read source →Vanguard · Nigeria · 1d ago
Dollar to Naira exchange rate today, August 20, 2026
Read source →CNA · Nigeria · 2d ago
Robots poised for 'ChatGPT moment', says Unitree CEO
Read source →The Punch · Nigeria · 2d ago
Dollar demand falls 35% as naira holds firm
Read source →The Punch · Nigeria · 2d ago
Mr Eazi eyes NGX listing, inspired by Dangote, Otedola
Read source →Pypi.org · Nigeria · 2d ago
naira-fl-sdk 0.4.0
Read source →Yahoo Entertainment · Nigeria · 2d ago
Alibaba (BABA) Cashes Out Of Gaming To Double Down On AI
Read source →Vanguard · Nigeria · 2d ago
Abattoirs silently ravaging Nigerians, animal experts warn
Read source →Vanguard · Nigeria · 3d ago
Dollar to Naira exchange rate today, August 19, 2026
Read source →The Punch · Nigeria · 3d ago
Weak sentiment wipes N544bn off equity market value
Read source →The Punch · Nigeria · 3d ago
NGX, Stanbic IBTC seek more securities lending to deepen market liquidity
Read source →Vanguard · Nigeria · 3d ago
Naira appreciates further against dollar
Read source →Pypi.org · Nigeria · 3d ago
pypaperless 6.0.1
Read source →Vanguard · Nigeria · 3d ago
Nigerian newspapers review: How 24 firms control over 70% of Nigeria’s stock market
Read source →Vanguard · Nigeria · 4d ago
Dollar to Naira exchange rate today, August 18, 2026
Read source →Vanguard · Nigeria · 4d ago
How 24 firms control over 70% of Nigeria’s stock market
Read source →Robohub.org · Nigeria · 4d ago
Intermittent swimming promotes the energy efficiency of fish-like robot movements
Read source →Crypto Briefing · Nigeria · 4d ago
Alibaba sells Lingxi Games in over $2B deal as it doubles down on AI
Read source →Vanguard · Nigeria · 5d ago
Dollar to Naira exchange rate today, August 17, 2026
Read source →Bespoke feed
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