
Proshare
February 1, 2025 at 08:01 AM
Nigeria’s economy saw major shifts this week:
*.* CBN introduced an FX Code, boosting naira to ₦1,474.78/$
*.* Credit tightens as demand for unsecured loans rises
*.* FG secured $1.1bn from AfDB to improve electricity, but power sector worries linger
*.* Global commodities mixed—gold and silver up, crude oil down
*.* Equities, Treasury, and OMO bills bullish; bonds adjust amid high demand
With rebased inflation data and corporate earnings ahead, investors watch for next moves.
🔗Read more: https://proshare.co/articles/what-to-expect-from-the-markets-this-week-030225?menu=Market&classification=Read&category=Market%20Updates
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