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...
By Lukman Otunuga, Senior Research Analyst at FXTM There was a time when the Naira was worth almost twice as much as the Dollar and equivalent...
By Lukman Otunuga, Senior Research Analyst at FXTM The past few weeks have not been kind to the Naira. Foreign exchange shortages, rising inflation, and lower...
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...
By Lukman Otunuga, Senior Research Analyst at FXTM Nigerian stocks struggled for direction on Tuesday as investors adopted a guarded approach ahead of the Central Bank...
By Lukman Otunuga, Senior Research Analyst at FXTM If the Nigerian economy needs more proof that it is wise to diversify away from a heavy dependence...
By Lukman Otunuga, Senior Research Analyst at FXTM, Africa’s largest economy has descended into its second recession in less than five years as oil production dropped...
The call for the diversification of Nigeria’s economy from mono-economy to a diversified one is getting more traction by the day, with the rising Gold prices;...
By Lukman Otunuga, Senior Research Analyst at FXTM, Africa’s largest economy commenced the final quarter by facing some of the biggest protests witnessed since military rule...
By Lukman Otunuga, Senior Research Analyst at FXTM, The Naira has marched into September with a renewed sense of confidence, rallying to its strongest level since...
