Naira weakens despite dollar selloff
Lukmnan Otunuga
July 27, 2020
As the worldwide race for a coronavirus vaccine gathers pace and fiscal stimulus uplifts global sentiment, investors seem to be
Focus on OPEC as vaccine hopes fuel market optimism
Lukmnan OtunugaJuly 15, 2020
The sentiment pendulum is positioned to swing deeper into ‘risk-on’ territory as markets take heart from vaccine hopes and
Naira sentiment shapes week’s market openings
Lukmnan OtunugaJuly 8, 2020
In the face of economic uncertainty, dollar scarcity and depressed Oil prices, the Central Bank of Nigeria (CBN) has devalued the
A cloudy second half as Nigeria navigates through coronavirus storm
Lukmnan OtunugaJuly 1, 2020
As headwinds from the coronavirus pandemic storm lambaste the world economy, the outlook for Nigeria appears more cloudy for the
Vaccine hopes rouse risk appetite to life as Nigeria inflation comes into focus
Lukman OtunugaMay 19, 2020
Investors across the globe have been injected with a renewed dose of confidence towards risk as governments relax lockdown measures
How is Coronavirus impacting Nigeria’s economy?
Lukmnan OtunugaApril 8, 2020
On March 26, Nigeria joined many other nations banning flights into the country and urging shelter-in-place, social isolation
Oil’s historical 17-year low puts Nigeria under the spotlight
Lukmnan OtunugaApril 1, 2020
Fears over Nigeria descending into a recession have intensified after US crude tested levels below $20 for the first time in more than
How is the Coronavirus impacting Nigeria’s economy?
Lukmnan OtunugaApril 1, 2020
On March 26, Nigeria joined many other nations banning flights into the country and urging shelter-in-place, social isolation
Will the Central Bank of Nigeria pull the rate cut trigger?
Lukmnan OtunugaMarch 24, 2020
As the coronavirus outbreak creates shockwaves across the globe, central banks and governments are enforcing emergency measures to
Markets in chaos, Convid-19 spread economic gloom
Lukmnan OtunugaMarch 16, 2020
Things just got even worse for financial markets as rising panic surrounding the coronavirus pandemic pummelled equities across the