- Excess Liquidity Expands by 37% as Banks Lock N5trn in SDF
- South African Rand Steady as SARB Hawkish Tone Softens
- Intel, Nvidia Drive Wall Street Rally, FTSE 100 Declines
- Investors Offload Nigerian Treasury Bills after Discount Rates Surge
- NGX to Introduce Volume-Based Price Rules in Major Market Reform
- FX Spread Surges as Naira Depreciates Across FX Markets
- U.S. Consumer Momentum Slows as Inflation Squeezes Incomes
- Burundi Economy Improves, Inflation Sinks to 8.6% from 45% – IMF
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.
Ethiopia’s coffee production is forecast to rise by 1% in the marketing year beginning October 2023
The Nigerian naira loses weight further amidst increasing demand and low supply across the foreign exchange
Following a bearish record in the stock market, Ticker: MAYBAKER capped its weekly valuation loss
The National Pension Commission (PenCom) has recovered about N24.53 billion as pension contributions
NEM Insurance Pays N7.6bn Claims in 2022 NEM Insurance Plc paid N7.6 billion to its claimants for the financial year ended Dec. 31, 2022. Dr Fidelis Ayebae, the Chairman, NEM Insurance, said this at the company’s 53rd Annual General Meeting (AGM) on Thursday in Lagos. Ayebae said the figure represented a growth of 38 per cent when compared with N5.5 billion paid in 2021. He said the net claims ratio for the year under review was 22 per cent and 19.9 per cent for year 2021, representing an increase of 2.1 per cent. He stated that gross claims incurred during…
AfDB Approves $11.7m for African Farmers to Access Fertilizer The Board of Directors of the African Development Bank has approved a $11.7 million budgetary allocation to the African Fertilizer Financing Mechanism (AFFM) for its 2023 operations. The approval adds up to $16.4 million extended to the Facility to support its 2023 budget. It includes $4.7 million, which was carried over from the previous year. The Board of Directors also validated AFFM’s 2023 program of activities: strengthening the fertilizer sector through access to finance, supporting the development of sustainable policy reforms to improve fertilizer production, trade, and use, and facilitating access…
The crude oil market continues its bearish session with declining prices as a result of demand fears …
Nigeria’s Debt Management Office has raised more than N368 billion from the Federal Government’s primary market bonds
Demand for foreign currencies spiked, albeit, marginally across the foreign exchange market
The Kaduna State Universal Basic Education Board (Kaduna SUBEB) has begun a campaign to enrol 145,553 out-of-school children