July 12, 2022/CMC Connect Written on 12/07/2022 by Lukman Otunuga, Senior Research Analyst at FXTM There was no love for the Naira as the local currency tumbled to an all-time low against the dollar in the authorized markets. The sharp selloff was triggered by ongoing dollar shortages which continued to […]

July 8, 2022/OilPrice.com Oil markets saw one of the largest single-day declines in history this week, but the realities of supply and demand have since sent prices bouncing higher. Friday, July 8th, 2022  Tuesday’s oil price collapse might go down as one of the most memorable moments of the oil […]

July 8, 2022/CSL Research The Naira has fallen to low levels during the week, as traders adjusted prices to reflect the rate Central Bank of Nigeria sold the currency amidst the ongoing dollar scarcity. The Naira fell 0.1% to N428.16/US$ at the investors and exporters window (I&E window) yesterday. Nigeria […]