- S&P 500, Euro Stoxx 50 Rally as US Rate Hike Bets Ease
- Linkage Assurance Delivers Impressive Half-Year Earnings Amidst Underwriting Pressure
- ABC Transport Faces Several Margin Contractions Despite Revenue Growth
- XRP Ticks as Successful Payments Processed on Ledger Spikes
- South African Rand Steadies as Fed Rate Hike Bets Ease
- Nigerian Naira Extends Rally as Corporates’ FX Demand Reduces
- CBN Allots N2.6trn as OMO Bills Subscription Tops N4.6trn
- Nigerian Exchange Heads South, Equities Investors Lose N613bn
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.
Bitcoin, Ethereum, Binance Coin, Ripple, and other altcoins declined amid selling pressure despite optimism from Japan’s reclassification of cryptocurrencies as financial assets.
Solana (SOLUSD) price declined by 2.94% in 24 hours to $75.67 on Thursday. underperforming a broader market
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The market anticipates a bullish run in secondary market transactions for Nigerian Treasury bills on Thursday, a day after the Central Bank of Nigeria (CBN) rejected 60% of the aggregate subscription at its auction.
Nigeria’s economy is experiencing steady growth, President Bola Ahmed Tinubu told delegates from Deloitte Africa in Abuja on Wednesday.
The Federal Government has unveiled plans to establish a $500-million Niger Delta …
The Federation Account Allocation Committee (FAAC), has shared N2.550 trillion among the Federal Government
The Central Bank of Nigeria (CBN) reduced the Treasury bills spot rate by 4 basis points to 17.66%, according to details from primary market auction results obtained by MarketForces Africa.
Nigeria’s Headline Inflation Declines to 15.91% in June Nigeria’s headline inflation moderated marginally to 15.91% year-on-year in June 2026, from 15.93% recorded in May, marking a 0.02 percentage point decline and reversing the gradual uptick observed in the previous months. The latest print broadly aligns with market expectations and our forecast of 15.80%, reflecting the continued impact of favourable base effects and easing underlying price pressures. On a month-on-month basis, headline inflation slowed to 1.66% from 1.75% in May, indicating that the pace of increase in consumer prices moderated during the review period. Although inflation remains significantly lower than the…
The average yield on Nigerian Treasury bills declined as fixed income investors piled into positions ahead of the midweek auction, Broadstreet traders said.