Lukman Otunuga, research analyst at FXTM, has urged the federal government of Nigeria to move away from oil as a major export commodity for the country...
By Lukman Otunuga, Research Analyst at FXTM A sense of relief was felt across financial markets following the news that Beijing will resume trade talks...
by Lukman Otunuga, Research Analyst at FXTM July was another encouraging trading month for the Nigerian economy, thanks to the stabilizing macroeconomic environment. Annual...
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...
