Tuesday, 6 August 2019


Lukman Otunuga,
Senior Research Analyst, FXTM

Investors should brace for potential volatility across Nigerian markets in the week ahead, despite the economic calendar void of Tier 1 data releases.

Extra-smart people deserve extra-smart investment in landed properties at the new Lagos (Ibeju-Lekki). If you have not invested heavily in landed properties, you have not landed. Acquire genuine plots and hectares of land free from government encumbrance in our estates at Ibeju-Lekki. For details, click: http://www.tectono-business.com/2019/07/have-share-of-new-lagos-by-investing-in.html

Persistent trade tensions between the world’s two largest economies, the Chinese Yuan weakening past the psychological 7 level, Brexit developments and depreciating oil prices on persistent global growth fears are themes that impact Nigeria’s economy.

On the bright side, between January and June this year, the largest economy in Africa recorded a total investment commitment of $15.15 billion in a handful of sectors across the economy. Given how Nigeria remains on a quest to break away from the chains of oil reliance, this development will bode well for sentiment and overall investor confidence towards the nation.

Are you aware that many Nigerian exporters have been defrauded in the process exporting their products? To export successfully and get paid, click: http://www.tectono-business.com/2016/02/contemporary-step-by-step-guide-to.html

Market players should keep a very close watch on Oil prices which remain pressured by demand side concerns and the Dollar’s valuation following last week’s hawkish US rate cut. The combination of Dollar strength and weakness across oil markets is negative for emerging market energy producers with Nigeria falling into the category.

Business executives and CEOs like you always bring their vehicles to GOF AUTOS LTD for body works, painting with Sikkens paint and oven baking at rate of N70,000 for cars and N80,000 for SUVs. For details, click: http://www.tectono-business.com/2017/06/gof-autos-limited-best-automobile.html

With Nigeria still on a fragile path to recovery, the central bank of Nigeria (CBN) is positioned to cut interest rates again in the second half of 2019. The Federal Reserve’s 0.25% rate cut certainly offered the CBN and many other emerging markets central banks the breathing room needed to ease monetary policy and support their local economies.

No comments:

Post a comment