- SEC Directs Capital Market Operators to Freeze Assets of 9 Terrorism Financiers
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- NICA Urges World Bank, IMF, AfDB to Make Africa Credit Ready
- SEREC Urges Reforms, not Abandonment of NSW
- S&P 500, Euro Stoxx 50 Rally as US Rate Hike Bets Ease
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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.
Align Fuel Cost With World Crude Oil Price, Lokpobiri Urges Marketers Sen. Heineken Lokpobiri, Minister of State for Petroleum Resources (Oil), has urged petroleum Lomarketers to ensure that the pump prices of petroleum products reflect the recent decline in global crude oil prices. Lokpobiri made the call at a stakeholders’ meeting on cost-reflective pricing of petroleum products organised by the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) on Monday in Abuja. He said the meeting was convened to build consensus among industry stakeholders on reducing the prices of Premium Motor Spirit (PMS) and other petroleum products in line with…
No Shadow Budget in Nigeria – Oyedele The Minister of Finance and Coordinating Minister for the Economy, Taiwo Oyedele, says the Federal Government does not operate a shadow budget. Oyedele, who said this in a statement on Monday in Abuja, also said that the government does not expend public funds outside the constitutional and statutory framework established for public finance. The minister was reacting to claims by the International Monetary Fund (IMF) office in Nigeria. The IMF Resident Representative in Nigeria, Christian Ebeke, had said that the country failed to formally record public spending equivalent to two per cent of…
Money market rates closed on a mixed note last week as the Central Bank of Nigeria …
The South African rand is marginally weaker against the US dollar on Monday as markets price
MTN Nigeria Plc lost approximately 10%, or N1.7 trillion, in market value on the Nigerian Exchange
The FX spread, or the exchange rate gap between the naira spot rates in the official and informal segments
Trading in Nigerian government bonds was mostly bearish, with investors trimming positions
Ripple (XRP) is down 3.11% to $1.14, underperforming a slightly negative broader market
Nigeria’s improved value-added tax (VAT) collection continues to drive growth in the non-oil sector, resulting
The Central Bank of Nigeria (CBN) is scheduled to hold a primary market auction…