- US, European Stocks Mixed as Inflation Boosts Odds of Fed Rate Hike
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- Nvidia Tokenised Stock Price Drops 4.6% Amid Crypto, Equity Selloffs
- Nigeria’s 10-Year U.S. Dollar Bond Yield Falls 6 bps
- Overnight, Repo Rates Ease as CBN Mops 4% of System Liquidity
- Nigeria Rejects UN Budget Cuts Threatening Development, Peacekeeping
- Naira Gains 0.3 Pips as Interbank FX Turnover Soars By 427%
- IMF Urges Countries to Replace Fuel Subsidies With Target Support for Vulnerable
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.
Ethereum (ETH) price dropped 0.40% to $2,677.62 on Friday, closely tracking a modest decline….
Crude Oil Prices Decline, Brent Hovers Below $106 Oil prices fell Friday as signals that Iran is open to a negotiated agreement with the United States eased some geopolitical risk in markets, while improving US-China trade relations also weighed on crude prices. International benchmark Brent crude futures for November delivery traded at $105.70 a barrel, down 0.8% from the previous close of $106.60. US benchmark West Texas Intermediate (WTI) crude futures for November delivery fell 1.6% to $93.10 a barrel from $94.61. Iranian President Masoud Pezeshkian, speaking to Fox News in New York on the sidelines of the 81st UN…
The U.S. and European market performances were stifled by weak risk-asset bets amid elevated oil prices and rising yields on debt instruments.
Nigeria Records Gains Against Illicit Finance, Asset Recovery – CISLAC Nigeria has recorded significant progress in tackling illicit financial flows, recovering assets and strengthening anti-money laundering enforcement, the Civil Society Legislative Advocacy Centre (CISLAC) says. CISLAC, however, says consolidating the gains will require stronger implementation, greater institutional independence and increased transparency in the management of public resources. Mr Auwal Ibrahim Musa-Rafsanjani, Executive Director of CISLAC and Head of Transparency International Nigeria, stated this at the launch of Nigeria’s ninth SDG 16 Shadow Report. The report was unveiled on the margins of the 81st United Nations General Assembly in New…
NMDPRA Sets Sept. 2028 Target for Willing Buyer, Willing Seller Gas Market. The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has set Sept. 24, 2028 as target date for transition to a more competitive and commercially driven Willing Buyer, Willing Seller (WBWS) gas market. Mr Rabiu Umar, Authority Chief Executive, NMDPRA, made this known on Thursday in Abuja at a high-level Gas Market Maturity Workshop convened by NMDPRA, Ministry of Petroleum Resources and the Decade of Gas Secretariat. The workshop was designed to validate the gas market maturity framework, assess Nigeria’s current position and agree priority actions, sequencing and…
Cardano (ADA) price inched up 5% in 24 hours to $0.2483, significantly outperforming a nearly flat
States, FCT Generate N5.15trn IGR in 2025 The National Bureau of Statistics (NBS) has reported that the 36 states and the Federal Capital Territory (FCT) collectively generated N5.15 trillion as Internally Generated Revenue (IGR) in 2025. This is contained in the NBS report on IGR at State Level for 2025 released on Thursday in Abuja. The report said the 2025 IGR grew by 40.93 per cent when compared to the N3.65 trillion recorded in 2024. According to NBS, the 2025 IGR had two major revenue sources – taxes and Ministries, Departments and Agencies (MDAs)’ revenue. The bureau said…
Pension Operators Commit N241bn to Infrastructure, Target N300bn — PenCom The Director-General of the National Pension Commission (PenCom), Ms Omolola Oloworaran, says pension fund operators have committed N241 billion to infrastructure development through the industry’s infrastructure consortium under a framework established in conjunction with FSD Africa. Oloworaran, who also chairs the Pension Industry Leadership Council (PILC), disclosed this at a news conference after the council’s fourth meeting in Lagos on Thursday. She said the commitment was part of the industry’s efforts to mobilise long-term capital for infrastructure development in the country. According to her, the commitment is…
The Federal Government of Nigeria is strengthening policy stability, regulatory…
The 10-year U.S. Treasury yield climbed above the roof, topping 5.1%, its highest level since 2007