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Author: Ogooluwa Aremu
Ogooluwa Aremu is a business journalist at MarketForces Africa covering Nigeria's energy sector, macroeconomic policy, African continental affairs, cryptocurrency markets, and foreign exchange developments.His reporting spans Nigeria's oil and gas regulatory landscape, including coverage of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), Nigeria International Energy Summit, and the downstream deregulation reforms reshaping Nigeria's petroleum sector. He also reports general market, Nigeria's fiscal reforms, World Bank and IMF engagements with Nigeria, and President Tinubu's economic policy initiatives.Ogooluwa covers Africa-wide developments through MarketForces Africa's Inside Africa desk, reporting on the African Union summits, continental economic policy, and cross-border developments affecting investment and trade across Sub-Saharan Africa.His cryptocurrency and forex market coverage tracks major digital assets, including Bitcoin, Ethereum, and Ripple, alongside. Nigeria's interbank FX market movements. He has covered major stories, including the African Union's 39th Ordinary Session in Addis Ababa, Nigeria's N6 trillion fuel import savings from deregulation, and the World Bank's assessment of Nigeria's economic reform programme. Ogooluwa Aremu is based in Lagos, Nigeria.
CBN Sets for N1.15trn Nigerian Treasury Bills Sales The Central Bank of Nigeria (CBN) is set to conduct its first Treasury Bills (T-Bills) auction for the month on February 4, 2026. The total offer size is ₦1.15 trillion, split across three maturities. The auction, which is expected to be conducted by the Debt Management Office (DMO) on behalf of the monetary authority, is anticipated to be oversubscribed due to healthy liquidity levels in the financial system. At the auction, Nigerian Treasury bills with 91 days maturity worth N150 billion will be offered for subscription. Also, the CBN would open 182-day…
Tinubu’s Reforms Now Global Reference Point — World Bank The World Bank has commended President Bola Tinubu’s reform drive, describing Nigeria as a frequent global reference point for reform implementation and results. The bank’s Managing Director of Operations, Ms Anna Bjerde, said this on Tuesday while leading its Group delegation to the president at the State House, Abuja. Bjerde said Nigeria’s reform outcomes over the last two years were commendable and widely discussed among global leaders, policymakers and investors. She said, “Nigeria is a frequent example in my discussions around the world because the results achieved in two years are…
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