Naira, Nigeria’s domestic currency, likely to remain depressed near term
By Lukman Otunuga, Senior Research Analyst at FXTM. Our emerging market currency spotlight this week will be the naira, which is
Pendulum swings in favour of risk as Trump leaves hospital
By Lukman Otunuga, Senior Research Analyst at FXTM The sentiment pendulum swung deeper into “risk-on” territory on Tuesday morning
OPEC + taper, inflation and Gold in focus
By Lukman Otunuga, Senior Research Analyst at FXTM Nigeria’s All Share Index was on route to conclude the last trading week on
Naira weakens, oil slips, stocks flat
By Lukman Otunuga, Senior Research Analyst at FXTM As the coronavirus menace dug its vicious talons deeper into Africa’s
Inflation jumps, oil prices rise while Naira stabilizes
By Lukman Otunuga, Senior Research Analyst at FXTM In the face of economic instability and uncertainty, Nigeria eased lockdown
Vaccine hopes rouse risk appetite to life as Nigeria inflation comes into focus
Investors across the globe have been injected with a renewed dose of confidence towards risk as governments relax lockdown measures
Nigeria’s economy under threat as oil prices collapse
By Lukman Otunuga’s commentary The staggering depreciation in oil prices could not have come at a more disruptive and
US Fed’s emergency rate cut and what it means for Nigeria
By Lukman Otunuga, senior research analyst, FXTM The United States Federal Reserve caught markets completely off-guard this week by
Nigeria stands tall amidst the global market chaos
By Lukman Otunuga, FXTM senior analyst 2019 was packed with uncertainty thanks to persistent trade drama, global growth fears and
Nigerian inflation hits near two-year high, IMF strikes again
By Lukman Otunuga, is FXTM Senior Research Analyst. Rising inflationary pressures could not have come at a worst possible time