Tuesday, 15 October 2019

NIGERIA – WEEK AHEAD

N1000 notes image pic pix picture photo
Lukman Otunuga,
Senior Research Analyst at FXTM

This will be a relatively quiet week for the Nigerian economy data-wise with the latest inflation figures under the spotlight.

Friday, 11 October 2019

STOCKS, CURRENCIES GAIN AS INVESTOR OPTIMISM GROWS OVER US-CHINA TRADE DEAL

Han Tan,
Market Analyst at FXTM

Most Asian stocks and currencies are gaining as investors grow increasingly hopeful that the US and China can reach a trade deal on Friday. There’s a clear risk-on mood in the markets at the expense of safe haven assets, as Gold trades below $1500, yields on 10-year US Treasuries breach 1.65 percent, and USDJPY breaks above the psychological 108 level for the first time since October 1.

Thursday, 10 October 2019

MIXED TRADE NEGOTIATION SIGNALS RATTLE FINANCIAL MARKETS

Hussein Sayed,
Chief Market Strategist at FXTM

Investors across the globe are closely monitoring the high-level US-China trade talks, which will kick off today as China’s Vice Premier Liu He sits on the table with US trade representative Robert Lighthizer and US Treasury Secretary Steven Mnuchin.

Tuesday, 8 October 2019

MARKET SENTIMENT HANGS ON US-CHINA TRADE TALKS

Lukman Otunuga,
FXTM Senior Research Analyst

High level trade negotiations will certainly be the major theme this week as Chinese officials head to Washington to resume talks with their US counterparts.

LUKMAN OTUNUGA, FXTM SENIOR RESEARCH ANALYST, COMMENT ON THE 2020 BUDGET.

All eyes were on Nigerian President Muhammadu Buhari as presented a record 10.33 trillion-naira budget for 2020 to lawmakers on Tuesday.

Monday, 7 October 2019

OIL PRICES SLIP AS GLOBAL ECONOMIC OUTLOOK DARKEN

Lukman Otunuga,
FXTM Senior Research Analyst

The taps on oil prices are set to leak in the week ahead due to growing evidence of a global slowdown and rising fears of falling demand for Crude oil.

Thursday, 3 October 2019

SELL-OFF ACCELERATES AS FEAR OF GLOBAL RECESSION GROWS

Hussein Sayed,
FXTM Chief Market Strategist

Global equity markets fell sharply on Wednesday with the Dow Jones Industrial Average declining 494 points bringing its two-day decline to more than 800 points.

Wednesday, 2 October 2019

WHAT THE RECENT OIL DISRUPTION MEANS FOR NIGERIA

Lukman Otunuga,
FXTM Senior Research Analyst

The unprecedented Oil disruption in Saudi Arabia in September shocked the markets and triggered multiple financial reactions for investors across the globe.

Monday, 30 September 2019

FEAR OF WAR ON CAPITAL FLOWS HITS MARKET SENTIMENT

Hussein Sayed,
FXTM Chief Market Strategist

Equity markets in Asia kicked off the week mixed after the S&P 500 posted a 0.5% decline on Friday following the latest developments in politics and trade. Reports suggesting the US administration is considering measures to limit flows into China, through delisting Chinese companies from US stock exchanges and restricting pension funds investments in Chinese markets, hit sentiment.

Thursday, 26 September 2019

TRUMP’S IMPEACHMENT INQUIRY IS JUST A DISTRACTION

Hussein Sayed,
Chief Market Strategist at FXTM

Investors were caught by surprise when the Speaker of the US House of Representatives Nancy Pelosi announced on Tuesday that she would initiate a formal impeachment inquiry against President Trump. The news led to a mild selloff in US equities with the S&P 500 ending the trading session 0.84% lower.

Wednesday, 25 September 2019

MARKET SENTIMENT SOURS ON RISING US POLITICAL RISK

Lukman Otunuga
FXTM Senior Research Analyst
    
Rising political risk in the United States has joined the growing list of negative themes weighing heavily on global sentiment.

Tuesday, 24 September 2019

NNPC


ONYEMA OSUEKE & CO (CHARTERED ACCOUNTANTS)

3rd Floor, Shobo House, 5, Simpson Street, Off Igbosere Road,
Lagos Island, Lagos, Nigeria
08142374794, 08091919383, www.onyemaosueke.com

BEAUTY WEST AFRICA

VISIT AFRICA’S LARGEST PROFESSIONAL BEAUTY EXHIBITION
November 20-22, 2019
The Landmark Centre, Lagos

EXTENSION PUBLICATIONS LIMITED

CONGRATULATIONS TO A LEGAL LUMINARY, DR. ALEX IZINYON

Dr. Alex Izinyon, SAN
We congratulate a legal luminary
Dr. Alex Izinyon, SAN, OFR
As me celebrates his
BIRTHDAY

ENUGU SATE WATER CORPORATION

3, Constitution Road, GRA, Enugu, Nigeria
08033265195, 08037112076

LEKKI-EPE


FEMI FALANA TO SPEAK @ 12TH ANTHONY CARDINAL OKOGIE FOUNDATION LECTURE

Femi Falana, SAN
CATHOLIC ARCHDIOCESE OF LAGOS
Invites the general public to the
12TH ANTHONY CARDINAL OKOGIE FOUNDATION LECTURE

STANDARD CHARTERED BANK


Monday, 23 September 2019

Sunday, 22 September 2019

HOT TOPIC COMMENT ON CBN INTEREST RATES

Lukman Otunuga,
Senior Research Analyst at FXTM

While the central banks across the world are easing monetary policy in the face of decelerating global growth and trade uncertainty, the Central Bank of Nigeria (CBN) has left interest rates unchanged at 13.5% in September.

BUSINESS SCHOOL NETHERLAND

8, Adekunle Fajuiyi Way, Ikeja GRA, Lagos, Nigeria
08067211068, 0703927550, 090948203111

DR. TUNDE BAKARE

Dr. Tunde Bakare
What God has written, He has written. Folks, is there anything you have been pursuing for years and it looks as if it will never work out? Have patience. It is possible that it is not yet time for it to work. At the appropriate time, you will be on your own and that thing you have been pursuing will come and knock at your door.

ECM TERMINALS LIMITED

1A, Badagry Road, Apapa GRA, Lagos, Nigeria
09073722271, info@ecmterminals.com

AFRICAN ALLIED INSURANCE BOSS, FUNMI OMO’S QUOTE ON HER CAREER SUCCESS

Funmi Omo, MD/CEO, African Allied Insurance Plc
“In my earlier career life, I knew that I had to put in a lot of effort and differentiate myself to move up. I knew it and I committed to this. A lot of sacrifices were made along the way. Today, I do not make the same sacrifices as I made before but a different set. My advice is that you should respect every stage you are in life. Know that, not everything will come easy. Be prepared to roll up your sleeves and work.” ~ Funmi Omo

WESTAFRICAN BUSINESS NEWSPAPERS LIMITED (PUBLISHERS OF WESTAFRICAN BUSINESS NEWS)

9, Fadeyi Street, Ikeja, Lagos, Nigeria
08037152217, 08027562807, 07015151515, www.wabusinessnewsng.com

100 FREE FIBROID SURGERIES @ O.B LULU-BRIGGS FOUNDATION

O.B Lulu-Briggs Foundation
Invites you to her
18TH ANNIVERSARY CELEBRATION

WESTGATE

32, Oba Akran Avenue, Ikeja, Lagos, Nigeria
08035315592, 08033093308, www.westgate.ng

OPEN A UBA SME ACCOUNT AND GET FREE AGRO-ADVISORY

At UBA, we grow with you from seed to harvest
The UBA SME Account gives you access to:
Business Loans
Free Online Market Place
Advisory and Training Annual Fairs
Customized Payment Solution

Saturday, 21 September 2019

VITAL VALUES LIMITED

13, Majaro Street, Onike, Yaba, Lagos, Nigeria
08138383828, 07081117777

ASSOCIATION OF PROFESSIONAL BODIES OF NIGERIA 35TH ANNUAL GENERAL ASSEMBLY

ASSOCIATION OF PROFESSIONAL BODIES OF NIGERIA
Cordially invites the
PROFESSIONALS
both in the public and private sectors to its
35TH ANNUAL GENERAL ASSEMBLY & AWARD 2019

NATIONAL HAJJ COMMISSION OF NIGERIA (NAHCON)

1, First Avenue, off Ahmadu Bello Way, Central Business District,
Abuja, Nigeria
08037018975, 08129143659, info@nigeriahajjcom.gov.ng

70 DEAFENING GBOOOOZZZZZAAAA FOR ERSTWHILE FINANCE MINISTER, DR. SHAMSUDDEEN USMAN

Dr. Shamsuddeen Usman
We congratulate an erstwhile finance minister,
Dr. Shamsuddeen Usman, OFR, CON
As he marks his
70TH BIRTHDAY

PELORUS LIMITED

35A, Oyibo Adjarho Street, Lekki Phase 1, Lagos, Nigeria
08077382731, 08153041763, www.peloruslimited.com

BSTAN GROUP ORGANIZES NATIONAL HOUSEFAIR

BSTAN GROUP
Presents
NATIONAL HOUSEFAIR

Thursday, 19 September 2019

ARRUPE JESUIT UNIVERSITY, ZAMBIA

+263242745411, +263773999154, www.aju.ac.zw

HOT TOPIC COMMENT ON OECD REPORT

Lukman Otunuga 
FXTM Senior Research Analyst

A darker mood awaits financial markets after the Organization of Economic Cooperation and Development (OECD) lowered its global growth forecast to 2.9% for this year and 3% in 2020.

PETRAK SOLICITORS

1st Floor, 133, Igbosere Road, Lagos Island, Lagos, Nigeria
07088438172

HEALTH INITIATIVE FOR SAFETY & SUSTAINABILITY IN AFRICA (HIFASS)

Plot 49, 34, Crescent, 3rd Avenue, Gwarinpa, Abuja, Nigeria
09095889424, 08052497336

OPEC FORECASTS 3.1% GROWTH IN GLOBAL GDP

The Organisation of Petroleum Exporting Countries (OPEC) has forecasted a 3.1 per cent growth in global Gross Domestic Product (GDP) next year, from the expected 3.0 per cent by the end of this year.

MAX JOVIC ENTERPRISES

33, Ajoke Street, Iwaya, Yaba,Lagos, Nigeria
07017033005, 08037269312

EDGE HOMES

Suite E326-328, Road 3, Ikota Shopping Complex, VGC, Ajah, Lekki,
Lagos, Nigeria
08033036860

Tuesday, 17 September 2019

GET N5MILLION FROM ACCESS BANK TO PAY SCHOOL FEES

Do you need funds for school fees payment?
You do not need to worry again because
ACCESS BANK PLC
Is ready to help you

A.U.G. OJINTA & CO (BARRISTERS, SOLICITORS, ESTATE & CORPORATE AFFAIRS CONSULTANTS)

5th Floor, 2A/18, Chime Avenue, New Haven, Enugu, Nigeria
08035411179, 08124272994

WHO ARE THE BIGGEST WINNERS AND LOSERS FROM SURGING OIL PRICES?

Lukman Otunuga   
FXTM Senior Research Analyst

The explosive appreciation in oil prices could not have come at a more testing period for the global economy currently embroiled in trade wars, geopolitical risks and fears over decelerating economic growth.

Monday, 16 September 2019

ESTATES MANAGEMENT & CONSULTANCY

47, Isaac John Street, GRA, Ikeja, Lagos, Nigeria
08186459349, 08039714730, 08039214950

A TEXTBOOK ON “UNDERSTANDING A WOMAN”

Where are the men in the house that claim that they have understood their women? You are all liars. For you to understand a woman, you must finish reading this textbook page by page.

1004 HOME OWNERS & RESIDENTS ASSOCIATION

1004 Estate, Cluster ‘B’, Club House, Samuel Manuwa Street,
Off Ozumba Mbadiwe Road, Victoria Island, Lagos, Nigeria
014652305, www.1004hora.org

DRAGHI DELIVERS “WHATEVER IT TAKES” PLEDGE AS ERA ENDS

Lukman Otunuga  
FXTM Senior Research Analyst

After pledging to do whatever it takes to preserve the Euro back in 2012, Mario Draghi in his final meeting as ECB President has unleashed a wave of new stimulus measures to revive the Eurozone economy.

AWOMA & AWOMA & CO (THE LORD’S CHAMBERS)

114, Iju-Ishaja Road, Opposite LG Shop, Church Bus Stop,
Iju, Ishaga, Lagos, Nigeria
08033248032

MYTHS OF ONLINE FOREX TRADING

Abiola Akinyele, General Manager, FXTM Nigeria
Abiola Akinyele,
General Manager, FXTM Nigeria

Over my decade-long experience of trading the forex market, I have met many individuals with different ideas of what the market is. This includes both people with firsthand knowledge, as well as those with only a limited understanding of how the market works. It is not only beginners who believe in the myths of the market - surprisingly, some experienced traders do too. In this article, I will share and unravel some of these myths.

CLIMATE & SUSTAINABLE DEVELOPMENT NETWORK

NEST Building, 1, Olokun Street, Off Awolowo Avenue, Bodija,
Ibadan, Nigeria
08032494999, 08092494999

TERTIARY EDUCATION TRUST FUND (TETFUND)

6, Zambezi Crescent, Off Aguiyi Ironsi Street, Maitama, Abuja, Nigeria
08008383863, www.tecfund.gov.ng

CHELSEA FC FAN DEMONSTRATING HIS STRENGTH BY CARRYING FIVE BAGS OF CEMENT ON HIS HEAD

Wow!!! This man is really strong. Hmmm!!! Five bags of cement on his head and nobody knows where he is carrying them to. Who else can try this?

RISK SENTIMENT BRIGHTENS AS ECB JOINS GLOBAL EASING BANDWAGON

Lukman Otunuga  
FXTM Senior Research Analyst

A wave of optimism is sweeping across financial markets with stocks in Asia pushing higher on renewed optimism over a potential breakthrough in the US-China trade saga. European shares are set to benefit from the improving market mood with risk-on sentiment seen trickling down into Wall Street ahead of the much-anticipated US retail sales report.

SOLKEM ENTERTAINMENT (PUBLISHERS OF ACCESS WEEKLY)

30, Talabi Street, Boet Estate, Off Adeniyi Jones, Ikeja, Lagos, Nigeria
08132849803, 08023876226

NIGERIA – WEEK AHEAD

Lukman Otunuga  
FXTM Senior Research Analyst

It will be a relatively quiet week for the Nigerian economy data-wise with the latest inflation figures and balance of trade figures under the spotlight.