- 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.
The Central Bank of Nigeria (CBN) further chopped the discount rate on Nigerian Treasury bills
Oil prices rebounded Wednesday after joint US-Saudi military strikes against Iran-aligned groups
Bitcoin Cash (BCH) price is down 0.97% to $213.40 in 24h, closely tracking a broader market dip and primarily driven by risk-off sentiment and leveraged unwinding across crypto.
The Nigerian Exchange (NGX) All-Share Index (ASI) recovered from sell pressures on Tuesday
Oil prices fell for a second straight day on Tuesday as signs of easing tensions …
Global equities markets were broadly negative, with sell pressure across Asia and the United States, while European stocks bucked the trend amid shifting investor sentiment.
AI Trade Dangerously Financing Itself, China Just Found the Exit: CEO Investors chasing the AI trade need to look past the trillion-dollar figures and ask a much harder question, warns the CEO of one of the world’s largest independent financial advisory organisations. Nigel Green of deVere Group’s comments come as a global sell-off in semiconductor stocks deepened on Tuesday, with investors growing increasingly uneasy about whether the AI boom can sustain itself. South Korea’s Kospi index dropped as much as 8.1%, its lowest level since April 20, as memory giants Samsung Electronics and SK Hynix each slumped more than 9%.…
The Nigerian naira hovered around N1362 per dollar at the official foreign exchange market …
The rand is trading firmer on Monday as a softer US dollar and improving global risk sentiment
Ethereum Price Races Towards $2K on Huge ETH Staking Ethereum (ETH) price edged higher by 5% to $1,967.76, significantly outperforming a broader market that rose 1.46%. The move is primarily driven by a surge in spot trading volume, indicating renewed institutional or large-scale interest, amid a broader capital rotation into altcoins. The surge followed a massive 118.53% spike in 24-hour spot trading volume to $9.21 billion, signalling strong buying pressure and renewed market interest. ETH is racing towards the predicted $2k price level in the fresh rally bolstered by buying interest from retail and institutional investors. Ethereum’s 24-hour trading volume…