- Oil Prices Correction Extends as US-Iran Sign Interim Deal
- South African Rand Dips on Weak Macro Indicators, US Fed Tone
- Wall Street Dips, European Stocks Rally as U.S Fed Keeps Rates
- 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
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 International Air Transport Association (IATA) says cargo volumes for African airlines increased by 11.8 per cent Year-on-Year (YoY) in June.
French shipping giant, CMA CGM Group, has reported a 50 per cent decline in its second quarter profit.
The Federal Government on Monday in Abuja announced its plans to digitalise 80 per cent of government activities by 2025.
AIICO Insurance Plc, has recorded a profit after tax of N12 billion for the financial year ended Dec. 31, 2023.
Serbia’s top-seeded Novak Djokovic overcame a brief bout of nerves in the second set before beating 14-times French Open champion Rafael Nadal 6-1 6-4
The Nigeria Customs Service (NCS) says it has recorded a 127 per cent increase in revenue in the first half of 2024 compared to 2023.
Naira Plummets as External Reserves Surge to $36.506bn The naira depreciated by 0.13% against the US dollar in the foreign exchange market as FX liquidity in the market remained depressed. Data from FMDQ platform showed that the naira closed at ₦1,611.40 per US dollar, a 0.13% depreciation from the previous close. In the parallel market, the naira closed the day at an average of N1,576 per US dollar as FX demand for invisible payments climbed again. In the global commodity market, Crude oil declined as traders appeared unfazed by the risk of widening war between Israel and the Iran-backed militia…
Nigeria’s largest commercial banking group, Access Holdings Plc, was among the financial services stock that drove the banking index down on Monday on the
The Nigerian Exchange (NGX) market capitalisation expanded by about N112 billion on Monday after Notore Chemical lists privately sold shares in the local bourse
The Federal Government says it plans to develop standardised websites for Ministries, Departments and Agencies (MDAs) to enhance easy access to information