By Lukman Otunuga, FXTM Research Analyst, It is coincidental how Nigeria’s inflation rate accelerated in April, only a month after the central bank unexpectedly reduced interest...
By Lukman Otunuga, FXTM Research Analyst, Investors were caught completely off guard this week after Nigeria’s President Muhammadu Buhari reappointed the CBN governor Godwin Emefiele for...
By Lukman Otunuga, FXTM Research Analyst, The IMF has once again called on Nigeria to phase out government fuel subsidies, citing better use of the funds...
By Lukman Otunuga, FXTM Research Analyst, Even as WTI futures have fallen below $64/bbl at the time of writing, Oil prices remain on course for their...
By Lukman Otunuga, Research Analyst at FXTM, The British Pound performed unexpectedly well during the first quarter of 2019 despite the chronic uncertainty, growing confusion and...
By Lukman Otunuga, FXTM Research Analyst, The major risk event for the Nigerian economy will be the Manufacturing and Non-Manufacturing PMI reports for March that are...
By Lukman Otunuga, FXTM Research Analyst, There are higher expectations for Nigeria’s economic recovery after the fastest growth since 2015 was recorded during the fourth quarter...
By Lukman Otunuga, FXTM Research Analyst, The Naira continues to experience stability despite an unexpected rate cut from the Central Bank of Nigeria earlier this week....
By Lukman Otunuga, Research Analyst at FXTM, In an encouraging development, Nigeria’s inflation eased to 11.31% in February, down from the 11.37% recording in January, despite...
By Lukman Otunuga, FXTM Research Analyst, The mood across equity markets in Nigeria has improved this week with the All-Share Index rising by roughly 0.14% yesterday....
