
by Lukman Otunuga There was a high degree of optimism over Buhari changing Nigeria for the better by reviving economic growth and fighting corruption &insecurity. Much...

by Lukman Otunuga Fitch Ratings has affirmed Nigeria’s long-term foreign currency Issuer Default Rating (IDR) at ‘B+’ with a negative outlook. While B+ is encouraging...

By Lukman Otunuga Sentiment towards the Nigerian economy was elevated on Friday, after the nation finally signed a bilateral currency swap agreement with China. The transaction,...

by Lukman Otunuga, Research Analyst at FXTM The Naira has witnessed stability against the Dollar this week, as the combination of central bank intervention and...

by Lukman Otunuga Market optimism over the recovery of Africa’s largest economy has increased steadily throughout the first trading quarter of 2018. The combination of...

By Lukman Otunuga It has certainly been a phenomenal and somewhat pivotal year for the Nigerian economy which managed to climb out of its first recession...

Lukman Otunuga is a research analyst at FXTM. Prior to joining FXTM, Lukman spent two years as a research analyst with international currency broker FXCM, where...

By Lukman Otunuga, Financial markets appeared relatively quiet on Tuesday, as investors positioned themselves ahead of a multitude of key risk events later in the week....

By Lukman Otunuga, Research Analyst at FXTM Nigeria displayed its resilience in the global arena on repeated occasions this year, by confronting a currency crisis, navigating...