Spotlight Shines On Nigeria’s Growing Fiscal Deficit

Spotlight Shines On Nigeria’s Growing Fiscal Deficit

By  Lukman Otunuga, Senior Research Analyst at FXTM — It’s no secret that many developing countries boast high fiscal deficits in the pursuit of economic growth. Nigeria’s ballooning debt profile is a perfect example of how excessive government spending can place...
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Nigeria’s Fuel Subsidies Back Under The Spotlight

Nigeria’s Fuel Subsidies Back Under The Spotlight

By LukmanOtunuga, Senior Research Analyst At FXTM — The explosive surge in oil prices over the past few months has been good news to energy producing countries including Nigeria. It is worth keeping in mind that Africa’s largest economy acquires...
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