The nation’s gross domestic product (GDP) declined to 1.94% in the second quarter of 2019. According to the second-quarter GDP report released by the National Bureau of Statistics (NBS), the
Tag "Lukman Otunuga"
Analysts and market-watchers were, in no doubt, shocked when the monetary policy committee of the Central Bank of Nigeria announced its decision to cut interest rate by 0.5% on Tuesday.
Investors on the Nigerian Stock Exchange lost N196 billion on Monday due to profit-taking activities during the five hours of trading on the bourse. The All-Share index, which opened at
Lukman Otunuga, FXTM research analyst, says the naira will not benefit from a weakening dollar if oil prices keep declining at an alarming rate. The dollar dropped into the negative
Lukman Otunuga, FXTM research analyst, says the Central Bank of Nigeria (CBN) may find it hard to defend the naira
Lukman Otunuga, research analyst at FXTM, a firm which specialises in forex trading, says Nigeria may experience growth in the
The monetary policy committee of the Central Bank of Nigeria has kept interest rate at 14% for two years. Analysts
Investors have entered the second trading quarter of 2018 on a mission to avoid riskier assets amid the escalating trade
Dollar bulls were injected with a renewed sense of confidence on Tuesday after Federal Reserve chairman, Jerome Powell, struck a
Jim Yong Kim, World Bank president, says cryptocurrencies are like Ponzi schemes. Kim joined other experts who have warned against
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