Adeosun

The Federal Government plans to release a total of 350 billion Naira for capital projects across the country. 

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EUR: Euro has retreated after meeting resistance at 1.1213, offers are still noted at 1.1210-15, 1.1230, 1.1250, 1.1270, 1.1285 and 1.1300. On the downside, bids are seen at 1.1170, 1.1150-55, 1.1120-30, 1.1100, 1.1070-80, 1.1050, 1.1030 and 1.1000.

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AUD/USD was under pressure in early day trading following news of a downgrade from rating agency Moody’s. The pair bounced higher in early European trading but fell under pressure during the North

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