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Fitch: Rising Oil Prices May Boost Nigerian Banks' Lending to Oil and Gas Sector
Fitch Ratings indicates that increasing oil prices could lead Nigerian banks to extend more loans to oil and gas companies, potentially stimulating growth in the sector. This development reflects the positive impact of higher oil revenues on banking activities in Nigeria.
Date:
16.04.2026 |
Source:
FOR-EX.NEWS
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| Instrument | Price | Change (%) |
|---|---|---|
| EURUSD | 1.168020 | +0.038542% |
| GBPUSD | 1.348510 | +0.073468% |
| USDJPY | 160.278000 | -0.023703% |
| XAUUSD | 4570.180000 | +0.58245% |
| USDCAD | 1.367500 | -0.062119% |
| NZDUSD | 0.583840 | +0.21284% |
| USDCHF | 0.790770 | +0.1% |
| AUDUSD | 0.712220 | +0.091347% |
| EURGBP | 0.866100 | +0.001155% |
| EURJPY | 187.229000 | +0.016026% |
| GBPJPY | 216.155000 | +0.080563% |
| AUDJPY | 114.150000 | +0.10172% |
| CADJPY | 117.233000 | +0.048645% |
| CHFJPY | 202.712000 | -0.00148% |
| NZDJPY | 93.579000 | +0.096268% |
| GBPCHF | 1.066430 | +0.16907% |
| EURCHF | 0.923630 | +0.072593% |
| USDMXN | 17.528100 | -0.043684% |
| USDZAR | 16.797120 | -0.12118% |
| USDTRY | 45.177800 | +0.049385% |
| USDRUB | 75.040000 | +0% |
| USDSEK | 9.303080 | +0.008708% |
| USDCNY | 6.837000 | +0.001463% |
Upcoming Important Events
| Time | Country | Event | Forecast | Previous |
|---|---|---|---|---|
| 30.04.2026 | ||||
| 01:30 | NBS Manufacturing PMI (Apr) | 50.1 | 50.4 | |
| 01:45 | S&P Global Manufacturing PMI (Apr) | 51 | 50.8 | |
| 05:00 | 🇯🇵 | Consumer Confidence (Apr) | 33.1 | 33.3 |
| 05:30 | 🇫🇷 | GDP Growth Rate QoQ (Q1) | 0.2 | 0.2 |
| 05:30 | 🇫🇷 | GDP Growth Rate YoY (Q1) | 1 | 1.2 |
| 06:00 | 🇩🇪 | Gross Domestic Product QoQ (Q1) | 0.1 | 0.3 |
| 06:45 | 🇫🇷 | Inflation Rate YoY (Apr) | 2 | 1.7 |
| 07:00 | GDP Growth Rate QoQ (Q1) | 0.5 | 0.8 | |
| 08:00 | GDP Growth Rate QoQ (Q1) | 0.1 | 0.3 | |
| 08:00 | 🇩🇪 | Gross Domestic Product QoQ (Q1) | 0.1 | 0.3 |