Cowry Asset Mgt Channel
June 11, 2025 at 08:50 AM
*Market News as at Wednesday June 11, 2025*
Trade Tensions: World Bank Slashes Global Growth Forecast to 2.3%, Says 2025 Will Mark Weakest Growth Since 2008 - Thisday
https://www.thisdaylive.com/2025/06/11/trade-tensions-world-bank-slashes-global-growth-forecast-to-2-3-says-2025-will-mark-weakest-growth-since-2008/
Reuters: Falling Oil Prices Delay FG’s $5bn Oil-backed Loan from Saudi Aramco - Thisday
https://www.thisdaylive.com/2025/06/11/reuters-falling-oil-prices-delay-fgs-5bn-oil-backed-loan-from-saudi-aramco/
End of Power Struggle as Otedola Clinches Control of First Holdco – Market Forces
https://dmarketforces.com/end-of-power-struggle-as-otedola-clinches-control-of-first-holdco/
Interbank Rates Mixed as OMO Bills Inflow Boosts Liquidity – Marker Forces
https://dmarketforces.com/interbank-rates-mixed-as-omo-bills-inflow-boosts-liquidity/
Local telecom operators spend $350m annually on diesel – Report - Punch
https://punchng.com/local-telecom-operators-spend-350m-annually-on-diesel-report/
FG eyes private capital for infrastructure at PPP summit - Punch
https://punchng.com/fg-eyes-private-capital-for-infrastructure-at-ppp-summit/
CBN extends BDCs recapitalization to December 31 – Business Day
https://businessday.ng/markets/article/cbn-extends-bdcs-recapitalization-to-december-31/
NASS budget insertions rise by 656% in four years – Business Day
https://businessday.ng/news/article/nass-budget-insertions-rise-by-656-in-four-years/
Naira Gains N13 as Offshore Inflows Boost Optimism in FX Market – Market Forces
https://dmarketforces.com/naira-gains-n13-as-offshore-inflows-boost-optimism-in-fx-market/
How Nigeria lost $5b to absence of P&I insurance club - Guardian
https://guardian.ng/business-services/maritime/how-nigeria-lost-5b-to-absence-of-pi-insurance-club/
🙏
1