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.

NGX Dips, Investors Lose N1.23trn on MTN, Aradel Selloffs

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NGX Dips, Investors Lose N1.23trn on MTN, Aradel Selloffs The Nigerian Exchange (NGX) All-share index (ASI) dipped on Friday amid selloffs in MTN Nigeria, Aradel Holdings, and Consumer goods stocks like Unilever and PZ Cussons. The market closed the week in negative territory, with key market performance indicators declining by -0.76% on the day, driven by weak bargain hunting. The market index or All-Share Index fell by -1,912.19 basis points in today’s trading session, indicating a -0.76% decline to close at 250,330.92, while market capitalisation fell by ₦1,225.57 billion to close at ₦160.44 trillion. The total volume of all trades…

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Oil Tops $107 as U.S. Plans to Force Hormuz Reopening

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Oil Tops $107 as U.S. Plans to Force Hormuz Reopening Oil prices climbed on Friday as reports of possible renewed US military action against Iran and rising tensions around the Strait of Hormuz heightened concerns over global supply security. International benchmark Brent crude traded at $107.41 per barrel, up around 1.6% from the previous close of $105.72. US benchmark West Texas Intermediate (WTI) increased about 2% to $103.19 per barrel, compared with $101.17 in the previous session. Prices gained after reports suggested US President Donald Trump may reconsider military options against Iran following his visit to China. Israeli and US…

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Zambia Progresses, Rebuilds Foreign Reserves, Tames Inflation -IMF

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Zambia Progresses, Rebuilds Foreign Reserves, Tames Inflation -IMF Zambia has made substantial progress in consolidating hard-won macroeconomic stabilisation under the recently completed supported program by the International Monetary Fund (IMF, according to an official statement released by staff team led by Edward Gemayel. IMF said the country’s inflation returned to the Bank of Zambia’s target band in April 2026, international reserves were rebuilt to 4.4 months of prospective imports, and the primary fiscal balance recorded a surplus of 3.1 percent of GDP in 2025. However, the IMF noted that the country’s fiscal pressures intensified in 2026, reflecting the impact of…

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Fidelity Bank grows Gross Earnings by 45.6% for FY 2025

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Fidelity Bank Plc, a leading Nigerian financial institution, has announced its audited financial results for the year ended 31 December 2025, reporting Gross Earnings growth of 45.6% from N1.04 trillion in 2024 to N1.52 trillion in FY 2025, reflecting stronger topline momentum across core business segments.

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