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- ABC Transport Faces Several Margin Contractions Despite Revenue Growth
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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.
Geregu Power Plc lost 105 of its market value on the Nigerian Exchange (NGX) as investors…
Banks’ activities at the Standing Deposit Facility (SDF) of the Central Bank of Nigeria (CBN) increased 60% to N4.15 trillion, according to market reports obtained by MarketForces Africa.
Fast-moving consumer goods company BUA Foods Plc’s momentum has been fractured by thin trading in its shares on the Nigerian Exchange (NGX).
International Breweries Plc (IntBrew) jumped by 40% amid a sharp increase in buying activity
Iran, Oman End Hormuz Talks Without Breakthrough Iran and Oman have concluded talks on the Strait of Hormuz without reaching a breakthrough, according to a statement from Iran’s Foreign Ministry. The strategic waterway lies between Iran to the north and Oman to the south, giving both countries a direct role in ensuring the security of shipping through the strait. Both sides agreed to continue discussions at the political and technical levels “to reach a common understanding on ensuring the security of navigation,” the ministry said. According to Tehran, a delegation from the Gulf state of Qatar also took part in…
The Nigerian local unit, the naira, lost N9.43 per US dollar at the official window amid sustained FX liquidity shortages and a growing foreign reserves deficit, according to Central Bank data.
Before you invest a dime: Wouldn’t life be easier if all investors could apply a point-and-shoot approach to investing
Hedera (HBAR) dived 3% over 24 hours to $0.0681, underperforming a nearly flat broader market
Fitch Ratings has affirmed Saudi Arabia’s Long-Term Foreign-Currency Issuer Default Rating
Binance Coin (BNB) price increased to $580.80, outperforming a modestly rising broader market