- Nigerian OMO Bills Attract N5.7trn from Retail, Corporate Investors
- NGX Drops by N541bn as Investors Dump MTN, Zenith Bank
- Brent Slumps 17% in Sharp Weekly Pullback in Oil Market
- Pi Network Price Dips as Insider Offloads, Nears All-Time Low
- Magnificent 7 Loses $1trn in One Day – End of Tech Super Pack?
- Rand Weakens Against Dollar over US-South African Troubled Relations
- Global Markets Tumble on Tech Stocks Rout, Nasdaq, S&P 500 Fall
- XRP Loses 10% on Speculative Washout, Likely to Test $1.10
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.
Sterling Financial Holdings Plc is set to resume active trading on the Nigerian Exchange
FirstHoldCo Plc lost more than 5% of its market value on Tuesday in other pre-earnings selloffs
The Central Bank of Nigeria (CBN) is scheduled to conduct its first Treasury Bills auction of the quarter on Wednesday, aiming to raise N900 billion across maturities.
Stockholders Lose N256bn as FirstHoldco, Unilever, Honeywell Dip Stockholders on the Nigerian Exchange (NGX) lost more than N256 billion on Tuesday as shares of FirstHoldco, Unilever, Honeywell and other companies declined. The local bourse closed in the red, with key performance indicators down 0.16%. For the fifth straight session, market indicators weakened amid continued profit-taking in medium- and large-cap stocks, especially in the banking sector. Stockbrokers mentioned that FIRSTHOLDCO, UNILEVER, ETI, HONYFLOUR, among others, posted significant losses. The All-Share Index fell by -394.36 basis points to close at 250,273.50, while market capitalisation declined by ₦256.05 billion to close at ₦162.50…
Recent breaches at Korean financial institutions underscore the growing operational risks from cyber attacks for financial institutions globally, Fitch Ratings says.
Money market funding costs moderated as liquidity in the financial system liqudity topped N5 trillion
Access Holdings Plc market value slipped slightly following huge trading volume on the Nigerian Exchange (NGX) on Monday, according to data from the local bourse.
NVIDIA Tokenized Stock (Robinhood) gained 1.2% to $237.21, slightly outperforming a modestly positive broader
SpaceX Tokenized bStocks (SPCXB) rose by 4% in 24 hours to $165.38, outperforming a modestly positive broader market
Global equities markets rose as expectations for U.S. Federal Reserve rate hikes eased, with technology and AI stocks