30 results
- 29 Apr 2013
Efficient Bandwidth Drives Cloud Computing- John
Sony Mathew John is a senior research analyst with International Data Corporation (IDC) Middle East, Turkey, and Africa and is responsible for conducting research on IT services and contributing to…
- 20 Oct 2019
Expert causions Nigeria on Adherence to its Oil Cap
Lukman Otunuga, senior research analyst at FXTM, an award-winning international forex broker has described Nigeria’s 2020 revenue targets as highly optimistic if the country could maintain its…
- 19 Jun 2020
Inflation Jumps, Oil Prices Rise while Naira Stabilizes
By Lukman Otunuga, Senior Research Analyst at FXTM, In the face economic instability and uncertainty, Nigeria eased lockdown restrictions this month to jumpstart growth. The opening up of more…
- 24 Mar 2020
Will the Central Bank of Nigeria Pull the Rate Cut Trigger?
By Lukman Otunuga, Senior Research Analyst at FXTM, As the coronavirus outbreak creates shockwaves across the globe, central banks and governments are enforcing emergency measures to defend their…
- 6 Jan 2021
2021: Time for Nigeria to Move into Higher Gear?
by Lukman Otunuga, Senior Research Analyst at FXTM 2020 will be remembered for its extraordinary uncertainty, explosive market volatility, unprecedented events, supply chain upheavals and a worldwide…
- 2 Oct 2019
What the Recent Oil Disruption Means for Nigeria
By Lukman Otunuga, senior,Research Analyst,FXTM The unprecedented Oil disruption in Saudi Arabia in September shocked the markets and triggered multiple financial reactions for investors across the…
- 15 Oct 2023
Nigeria Week Ahead: CBN Rate Decision, Inflation & Oil in Focus
By Lukman Otunuga, Senior Research Analyst at FXTM, The combination of mounting geopolitical risk and Fed rate expectations rocked global financial markets last week. Volatility is likely to…
- 3 Dec 2019
Nigeria Navigates Through Choppy Global Macroeconomic Waters
By Lukman Otunuga, Senior Research Analyst at FXTM , The Nigerian economy continues to display resilience against heightened geopolitical risks in the form of trade uncertainty, Brexit, volatile oil…
- 1 Sept 2020
Is Nigeria Heading for a Technical Recession?
By Lukman Otunuga, Senior Research Analyst at FXTM, Nigeria’s monetary and fiscal policymakers face enormous challenges as the country confronts a looming technical recession just three years after…
- 24 Feb 2020
Nigeria Stands Tall amidst Global Market Chaos
By Lukman Otunuga, Senior Research Analyst at FXTM, 2019 was packed with uncertainty thanks to persistent trade drama, global growth fears and volatile oil prices. Unfavourable global economic…
- 19 May 2020
Risk Appetite Flickers to Life on Vaccine Hopes, Nigeria Inflation in Focus
By Lukman Otunuga, Senior Research Analyst at FXTM, Investors across the globe have been injected with a renewed dose of confidence towards risk as governments relax lockdown measures and…
- 28 Nov 2019
Nigeria Maintains Resilience against Global Risks
By Lukman Otunuga, Senior Research Analyst at FXTM, There was a collective sigh of relief across the Nigerian economy in November after official reports confirmed that economic growth accelerated to…
- 25 Jun 2020
IMF Casts Gloom Clouds Over Nigeria’s Economy
By Lukman Otunuga, Senior Research Analyst at FXTM How Nigeria navigates through the coronavirus storm will certainly influence its economic outlook well beyond 2020. Over the past few months, the…
- 17 Jan 2020
CBN to maintain status quo on rates as inflation quickens
Lukman Otunuga, Senior Research Analyst at FXTM, The latest inflation figures from Nigeria will most likely deter the Central Bank of Nigeria (CBN) from cutting interest rates anytime. Consumer…
- 1 Feb 2021
Nigeria Monetary Policy Makers in Tight Spot as Stagflation Takes Hold
By Lukman Otunuga, Senior Research Analyst at FXTM Nigerian monetary policymakers face three main pressures this quarter: the ongoing COVID-19 pandemic and a pressing need for economic stimulus in…
- 27 Oct 2020
PMI’s, Oil & Naira in focus
By Lukman Otunuga, Senior Research Analyst at FXTM , The outlook for Nigeria’s economy has been clouded by uncertainty following weeks of youth protests across the country. Although Residents are now…
- 13 Mar 2020
Market Chaos Intensifies as Coronavirus Spreads Economic Gloom
By Lukman Otunuga, Senior Research Analyst at FXTM, Things just got even worse for financial markets as rising panic surrounding the coronavirus pandemic pummeled equities across the globe. Asian…
- 21 Aug 2020
Dollar Scarcity Worsens, NSE Fails to Join Party
By Lukman Otunuga, Senior Research Analyst at FXTM, Who would have thought that nearly six months after the coronavirus menace paralysed the global economy and battered financial markets, world…
- 16 Mar 2020
Nigeria Week Ahead – Is Naira Devaluation on the Cards?
By Lukman Otunuga, Senior Research Analyst at FXTM, A darker mood awaits emerging markets as concerns mount over how badly the coronavirus outbreak will hit global growth. Central banks across the…
- 11 Dec 2019
Nigeria Expected to Expand 2.38% in Q4; Fed Meeting in Focus
By Lukman Otunuga, Senior Research Analyst at FXTM, A sense of confidence restored over the Nigerian economy this week. This comes after the Central Bank of Nigeria (CBN) governor stated that…
- 7 Jul 2020
Nigerian Stocks Slip as Fears Rise over Naira Devaluation
By Lukman Otunuga, Senior Research Analyst at FXTM, In the face of economic uncertainty, dollar scarcity and depressed Oil prices, the Central Bank of Nigeria (CBN) has devalued the Naira for the…
- 8 Jan 2020
Iran strikes back at US Risk aversion reigns
By Lukman Otunuga, Senior Research Analyst at FXTM, A tidal wave of risk aversion engulfed financial markets on Wednesday, after Iran launched retaliatory missile strikes against US forces in Iraq.…
- 25 Jul 2019
Nigeria Rate Cut on the Horizon as Global Monetary Easing Cycle Gains Momentum
By Lukman Otunuga, Senior Research Analyst at FXTM Unfavorable macroeconomic conditions across the globe have prompted major central banks to embark on a monetary easing cycle to counter a global…
- 28 Feb 2020
Nigeria Economic Outlook Threatened by Coronavirus Outbreak
By Lukman Otunuga, Senior Research Analyst at FXTM, The dramatic and fast-moving consequences of the coronavirus COVID-19 outbreak threaten an otherwise resilient outlook for Nigeria’s economy,…
- 29 Nov 2019
Nigeria Foreign Reserves Fall in November; Markets on Standby
By Lukman Otunuga, Senior Research Analyst at FXTM, The Naira may struggle to maintain stability against the Dollar after Nigeria’s foreign exchange reserves decreased to $39.83 billion in November…
- 11 Mar 2020
Global easing builds momentum but will CBN jump aboard?
By Lukman Otunuga, Senior Research Analyst at FXTM, A growing sense of unease and trepidation over how badly the coronavirus outbreak will hit the global economy has left financial markets on…
- 14 Nov 2019
Will the Central Bank of Nigeria Cut Interest Rates in November?
By Lukman Otunuga, Senior Research Analyst at FXTM, Rising inflationary pressures are certainly weakening the case for the Central Bank of Nigeria to cut interest rates from 13.5% anytime soon.…
- 25 Sept 2019
Market Sentiment Sours on Rising US Political Risk
By Lukman Otunuga, Senior Research Analyst, FXTM Rising political risk in the United States has joined the growing list of negative themes weighing heavily on global sentiment. In a dramatic…
- 15 Jul 2020
Vaccine Hopes Fuel Market Optimism; OPEC in Focus
By Lukman Otunuga, Senior Research Analyst at FXTM The sentiment pendulum is positioned to swing deeper into ‘risk-on’ territory as markets take heart from vaccine hopes and expectations of further…
- 22 Oct 2019
Will the Central Bank of Nigeria Cut Interest Rates in November?
By Lukman Otunuga, senior research analyst at FXTM, Rising inflationary pressures in Nigeria will certainly complicate the Central Bank of Nigeria’s efforts to cut interest rates to stimulate growth.…