- ChatGPT, Claude, Grok Others Down as AI Bots Malfunction
- Nigeria, IEA Sign Energy Data Partnership
- FTSE Frontier Reclassification: 10 Nigerian Equities Set for Greater Global Investor Attention
- SEPLAT, UPDCREIT Boost NGX Index, Investors Gain N238bn
- BTC, ETH, XRP Rally Boost Global Crypto Market Cap to $2.7trn
- NAICOM Unveils ISSP to Advance Insurance Penetration
- Asian Nations Rush to Expand Energy Storage After Strait of Hormuz Crisis
- Bank of Industry Signs N274.18bn Development Bond
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.
Access Holdings Plc lost 10% of its market value, which is about N158 billion …
U.S., European Stocks Surge on Tech Earnings, AI Optimism U.S. and European stocks led a global market rally amid strong investor optimism, driven by top tech companies’ earnings releases and AI optimism. A surge in AI optimism drove the dominant overnight narrative, as strong results from major US technology firms reignited conviction across global markets, First National Bank (FNB) said in a brief on Friday. The S&P 500 gained 1.66%, the Nasdaq Composite surged 2.78%, and the Dow Jones rose 1.19% on Thursday, as blowout earnings from Microsoft (+15.51%) and Amazon (+8.85%), as well as a broader AI-chip rebound, powered…
Oil prices fell on Friday as easing concerns over potential disruptions to key Middle East shipping routes reduced the geopolitical risk premium in crude markets, despite the absence of a major breakthrough in US-Iran talks.
Short-term benchmark interest rates diverged as banking system liquidity balance declined sharply
Cardano (ADA) price increased by 8% in 24 hours to $0.1750, outperforming a broadly positive market, primarily driven by a beta-driven lift from Bitcoin’s rally and supportive altcoin rotation sentiment.
Binance Coin (BNB) price rose 3.17% to $586.43, significantly outperforming a flat Bitcoin (+0.73%) and driven by strong fundamental network activity.
Wall Street came under pressure as US equities sold off amidst earnings releases…
The Federal Reserve’s decision to hold interest rates steady at 3.5% to 3.75% was shaped l…
Sterling Financial Holdings Plc lost about 7% of its market value to sell pressure as the group’s earnings per share sank to N0.77 kobo at the end of the first half of 2026.
The Nairobi Stock Exchange (NSE) index edged higher by 2 basis points on Wednesday as gains