- First HoldCo Slips 8% Ahead of Board’s Earnings Review Meeting
- Oando Drops 7% as Regulator Delays Financial Report Approval
- Lafarge Africa Dips by 6.5%, Market Anticipates Q2 Earnings Catalyst
- Bitcoin Tops $61k as 21Shares Sets 2026 Price Target
- Dangote Cuts Fuel Price by N50, Claims Refinery Still Processing Old Stock
- Canada, Nigeria Trade Reaches C$3.2bn as LBS Advocates Deeper Partnership
- WHO Declares Hantavirus Outbreak Over, Warns of Escalating Ebola Crisis
- Canada’s Manufacturing Sector Expansion Extends to Third Month -PMI
Author: Olu Anisere
Olu Anisere is a financial and economic journalist at MarketForces Africa, specialising in African macroeconomic policy, international finance, energy markets, and continental development.He covers major multilateral institutions, including the International Monetary Fund (IMF), World Bank, and the United Nations Economic Commission for Africa (ECA), providing readers with frontline reporting on policies shaping Africa's economic trajectory.Olu has reported extensively on Nigeria's fiscal and monetary policy landscape, including CBN interest rate decisions, Nigeria's bond market, FX inflows, and the country's engagement with global financial institutions.His coverage spans IMF and World Bank Spring and Annual Meetings, African Ministers of Finance conferences, and high-level economic forums where Africa's development agenda is set.His reporting captures perspectives from Africa's most influential economic voices, including Tony Elumelu, senior IMF officials, and CBN leadership, bringing institutional insight and policy depth to MarketForces Africa's readers.Olu also covers Inside Africa — tracking economic, investment, and development stories from across the continent. Olu Anisere is based in Lagos, Nigeria.
First HoldCo Plc lost more than 8% of its market value on Thursday in the Nigerian stock
Oando Plc lost 7.01% of its market value on the Nigerian Exchange (NGX) as sell pressure persisted
Cement company Lafarge Africa Plc lost about 6.5% of its market value as investors’ sentiment shifted negative,
Dangote Petroleum Refinery & Petrochemicals has announced another reduction
GCR Ratings (GCR) has affirmed NEM Insurance Plc’s national scale financial strength
Wall Street rallied while European stocks slipped as global markets anticipate a slowdown
Oil prices fell on Thursday as signs of progress in negotiations between the US and Iran
Risk-off sentiment in the debt market lifted Nigerian government bond yields as investors continue to optimise their portfolio returns.
Ethiopia Unlocks Access to $484 Million IMF Loan Ethiopia has unlocked access to $484 million loan from the International Monetary Fund (IMF) as the Executive Board completed the fifth review of the arrangement under the Extended Credit Facility (ECF). IMF said that while strong macroeconomic performance to date has created resilience, the war in the Middle East represents a substantial external shock. The Fund added that rephasing will bring forward about US$200 million under Ethiopia’s program to help ease near-term financing pressures and address the immediate impacts of the war. The executive board said the Ethiopian authorities have made solid…
Nigerian deposit money banks (DMBs) ‘ total loan portfolio growth is projected to increase by about 20%