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.

Bitcoin Price Slips to $96,000 after Early Rally

Cryptocurrency

Bitcoin Price Slips to $96,000 after Early Rally Bitcoin (BTC-USD) price slipped to $96,000 after previous rally that nudged global market capitalisation higher. Retail investors have continued to take profit, and this kept market growth in check. Despite this, the global crypto market cap reached $3.4 trillion early hour on Friday trading session, a 1.21% increase over the last day. The total crypto market volume over the last 24 hours is $116.84 billion, which makes a 13.08% increase, according to CoinMarketCap.com. Data showed that the total volume in DeFi is currently $8.79 billion, accounting for 7.52% of the total crypto…

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CBN Defends Nigerian Naira With $37m Sold to Banks

News

CBN Defends Nigerian Naira With $37m Sold to Banks The Central Bank of Nigeria (CBN) spent additional $37 million in exchange for equivalent amount in naira from banks as the authority continues to boost liquidity in FX market. Despite expectation that the authority will keep at selling US dollar to banks, the naira outlook remains uncertain in 2025. A number of investment banks appear bearish on exchange rate outlook at different degree of projections that suggest the naira would fall further. MarketForces Africa notice that investment banking firms are adding caveat to naira estimates following overhauling of Nigerian refineries –which…

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Bond Yield Settles at 19.75% ahead of 2025 Supply

MarketNews

Bond Yield Settles at 19.75% ahead of 2025 Supply The average yield on Nigerian government bond settled at 19.75% as a result of subdued trading activities in December ahead of fresh supply in 2025. In the secondary market, the local bonds market experienced another quiet session, with most interest directed toward the February 2031, May 2033, February 2034, and June 2053 papers. Across the benchmark curve, the average yield pared at the short (+1bp) end as investors trimmed their portfolios to reposition in high return assets. Traders explained that there was profit-taking activities on the JAN-2026 (+2bps) bond, but closed…

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MTN Nigeria Crossed N4 Trillion Ahead of Q4 Earnings

Analysis

MTN Nigeria Crossed N4 Trillion Ahead of Q4 Earnings MTN Nigeria Plc has again crossed N4 trillion market value in the equities segment of the Nigerian Exchange following a positive price movement. Over a short trading period last week, the telecom stock gained 10.54% on the back of a Santa Claus visit that lasted till Friday’s close. Data from the local bourse showed that MTN Nigeria share price rose to N194 from N175.5 due to increased demand boosted by earnings expectations. The positive price movement lifted its market value to N4.073 trillion on the Nigerian Exchange trading platform. This is…

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