- GCR Affirms Sterling Bank’s Ratings With Stable Outlook
- Enugu Govt Approves Payment of N32bn Gratuity Arrears From 2000
- N156bn Debt Suit: Court Upholds UBA’s Appointment of Receiver over Stallion Group
- FG Begins Construction of 10,000 Housing Units in 14 States – Minister
- Ex-NIMASA Boss Seeks Framework to Boost Blue Economy
- NNPC Activates Emergency Response to Eleme Pipeline Explosion
- Nigerian Exchange Loses N109bn as GTCO, UBA, Zenith Bank Dip
- British Pound Strengthens as UK Economy Beats Expectations
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.
Aradel Holdings and Seplat Energy Plc would be paying a quarterly dividend to their shareholders on Wednesday, according to details from corporate actions for the week.
UBA Series: Experts Say Innovation, Passion Key to Building Successful Businesses Building businesses that stand the test of time requires a blend of innovation, unwavering focus, and passion. This was the key takeaway from the latest edition of the United Bank for Africa (UBA) Business Series, hosted on Thursday, With the theme: “Profit with Purpose, Business Continuity,” the event which was held at the Tony Elumelu Amphitheatre, UBA House, Marina, Lagos, brought together top industry leaders and entrepreneurs who shared actionable insights and strategies for ensuring business resilience and sustainability in today’s dynamic economic environment. Founder, Terra Kulture, Bolanle Austen-Peters,…
Bitcoin (BTC-USD) prices spiked above $99,300 early Friday as excitement over improved regulation continues. This has lifted the global crypto market cap to $3.3 trillion during the early trading session, a 3.80% increase over the last day.
The Securities and Exchange Commission (SEC) says not less than N1.682 trillion has been raised by banks through e-offering in the recapitalisation exercise. Dr Emomotimi Agama, the Director- General of SEC, said this in a statement on Wednesday in Lagos.
Nigeria Customs Collects N2 Trillion Revenue in Apapa The Apapa Port Command of Nigeria Customs Service (NCS) says it collected N2.01 trillion in revenue as at November 19, 2024. The Customs Area Comptroller (CAC) of the command, Comptroller Babatunde Olomu, made the disclosure while addressing officers and men on a parade on Wednesday in Lagos. Olomu said the command would achieve its N2.2tr target for this year by the end of November ahead of December. He said that the command was drawing inspiration from the Comptroller-General of Customs, Bashir Adeniyi, who announced the total collection of N5.07tr by the service…
FBN Holdings shareholders have approved a N14.358 billion total distributable dividend for financial year 2023 at the annual general meeting last week, the group said in a regulatory filing on the Nigerian Exchange.
Bitcoin Races Near $92,000 on ‘Existing Euphoria’ Bitcoin price is racing near $92,000 level on existing euphoria that follows U.S. election victory in favour of Donald Trump. The crypto market activities have been heated up with buying activities on top assets across exchanges. Data from CoinMarketCap.com showed Bitcoin has gained more than 13% in the last seven days to settle at $91,923 during early trading hours on Monday. Increased demand for exchange-traded funds has continued to drive the Bitcoin price upward, with estimates showing the world’s largest crypto asset could cross $100,000 in 2024 Dogecoin is the best performer over…
Deposit money banks borrowed about N1.8 trillion from the Central Bank of Nigeria’s (CBN) standing lending facility (SLF) window to support liquidity requirements, according to updates from the Broadtsreet.
Northern Nigeria Flour Mills PLC has announced a plan to pay its shareholders an interim dividend next week.
Oil prices recover from downturn in the global commodities market on Wednesday as demand and supply uncertainties linger ahead inflation data in the United States.