- Interbank Rates Diverge as Financial System Liquidity Declines
- FCMB Gains 11% as Group Hints at H1 2026 Earnings, Incentive Plan
- FirstHoldco Jumps 25% on Post-Earnings Momentum, Firm Cuts TP
- Access Holdings Surges 16% in Pre-Earnings Bets
- CBN to Auction N700 billion Worth of Nigerian Treasury Bills
- GCR Affirms Nova Bank Ratings, Revises Outlook to Stable
- BUA Foods Drops 10% after N28 Dividend Payment
- Cardoso, Okonjo-Iweala to Headline 7th Africa Emerging Markets Forum in Abuja
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.
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
One of the Nigerian top lenders in the market, Fidelity Bank Plc has extended its capital raising to August 12 after the company announced decision to take
Fitch Ratings has affirmed Lagos State’s Long-Term Foreign- and Local-Currency Issuer Default Ratings (IDRs) at ‘B-‘ with positive outlook.
Leadway Assurance Company Ltd. has disbursed N67.1 billion in claims for the year ended Dec. 31, 2023, indicating 16.7 per cent increase from N57.5 billion paid