Dear Valued Investor,

Our Market and Economic Update for the past week highlights key developments shaping both Nigeria’s economy and the broader global market landscape.

On the domestic front, Nigeria’s foreign reserves rose to $51.04 billion, reaching the highest level recorded in 17 years. This development signals improved external liquidity, stronger investor confidence, and enhanced capacity to support exchange rate stability amid evolving economic conditions.

Globally, the United States Federal Reserve left interest rates unchanged as policymakers continue to monitor inflation trends and broader economic performance. Meanwhile, weakness in China’s property sector persists, raising concerns about slowing growth momentum and its potential impact on global trade and investment flows.

These developments continue to underscore the interconnected impact of reserve strength, monetary policy direction, and global economic headwinds on market performance and investor sentiment.

Please find attached the full Market and Economic Update Report for deeper insights.

Warm regards,

WealthBridge Economic Intelligence & Advisory Team