- NNPC, TotalEnergies Renew Decarbonisation Agreement
- Jito Price Slumps 10% Ahead of JTX Platform Launch
- XRP Price Drops by 4.4% on U.S. Fed Hawkish Tone
- Naira Falls to N1,360 as Interbank FX Turnover Dips by 57%
- FirstHoldco, Access, Drown NGX Index, Investors Lose N758bn
- UK Court Acquits Diezani Alison-Madueke of Bribery Charges
- CBN Hikes Interest Rates on Treasury Bills to 17.34%
- Bitcoin Slips as Bank of Japan Hikes Rates to 31-Year High
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 naira lost 3% on Friday, pulling back from gaining streaks against the US dollar in the forex market as exchange rate rubbished FX market intervention.
The equities investors saw more than N219 billion gain in a latest bargain hunting on the Nigerian Exchange (NGX) despite nationwide protest.
The African Development Bank (AfDB), has signed a 20 million-dollar equity investment in the African Infrastructure Investment Fund 4 (AIIF4).
Mr Yemi Cardoso, the Governor of the Central Bank of Nigeria (CBN), has urged African countries to leverage the support of global partners for sustainable
Port users have called on the Federal Government to release a comprehensive list of food items affected by the import duty suspension.
Cargo clearance activities at Tincan Island and Apapa ports in Lagos were slowed down on Friday due to ongoing protests in the country.
The average yield on Nigerian Treasury bills rose in the secondary market due to sustained negative trading, a move triggered by riskoff sentiment, on naira
In the global commodity market, prices of crude oil fell back below $80 per barrel early on Friday despite ravaging geopolitical tensions. The market reacted to
Nigeria’s Anuoluwapo Opeyori is out of the men’s Olympic Badminton event after falling 0-2 to the world’s number six, Li Shifeng of China.
Nigeria’s senior national women’s team, D’Tigress on Thursday lost 54-75 to France in their second group basketball encounter at the ongoing Paris Olympics.