29 April 2019 : Nigeria will unveil updates on its latest foreign exchange reserve figures in the week ahead, amid renewed optimism over the progress of US-China trade talks. Investors will be keeping a close eye to see whether the nations foreign exchange reserves have increased in April given how WTI oil prices peaked above $66.00 last week before tumbling lower. Sentiment towards the Nigerian economy is likely to receive a boost should if reserves meet or exceed the $47 billion expectations.

Source : Lukman Otunuga, FXTM Research Analyst

Reporting for EasyKobo on Monday , 29 April 2019 in Lagos, Nigeria