Otunuga Archives | TheCable

‘Inflation rate drop may hand CBN opportunity to cut rates’

Lukman Otunuga, a reasearch analyst at FXTM, says the continued drop in inflation rate may hand the Central Bank of Nigeria (CBN) the opportunity to cut interest rates. Reacting to

NSE ‘becoming a champion’ among emerging markets

Lukman Otunnuga, research analyst at FXTM, says the Nigerian Stock Exchange (NSE) is becoming a champion among emerging markets across the world. Speaking on the recovery in the Nigerian economy

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Investors ‘still expecting’ CBN to fix multiple exchange rates

Lukman Otunuga, research analyst at FXTM, says the international community and local investors are still nursing “elevated expectations” that the central bank (CBN) will fix Nigeria’s multiple exchange rates. Speaking

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Naira firms up, stock market gains, as new forex policy takes effect

The naira moved to 515 per dollar on Tuesday, following the introduction of new policy actions by the Central Bank of Nigeria (CBN). The naira, which was trading at 520

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