- 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.
COP29: Climate Finance to Reach $120 Billion -MDBs Multilateral development banks (MDBs) have estimated that by 2030, their annual collective climate financing for low- and middle-income countries will reach USD 120 billion, including USD 42 billion for adaptation, and MDBs aim to mobilize USD 65 billion from the private sector. MDBs said in a joint statement issued at COP29 in Baku outlining financial support and other measures for countries to achieve ambitious climate outcomes. For high-income countries, this annual collective climate financing is projected to reach USD 50 billion, including USD 7 billion for adaptation, and MDBs aim to mobilize…
Gov. Seyi Makinde of Oyo State has approved a minimum wage of N80,000 for those in the state workforce, an official said on Wednesday in Ibadan.
N1.3bn Fraud: Court Orders Dana Air MD Arrest A Federal High Court in Abuja, on Monday, issued an arrest warrant against the Managing Director (MD) of Dana Air, Mr Hathiramani Ranesh, over alleged refusal to appear in court to stand trial. Justice Obiora Egwuatu, in a ruling, held that the arrest of Ranesh is necessary following his refusal to appear in court after he was served with the charge and several proceedings taken in the matter. Justuce Egwuatu held that in line with Section 184 of the Administration of Criminal Justice Act (ACJA), 2015, the court can issue an arrest…
The US dollar fell against its major trading partners early Tuesday ahead of Federal Reserve Chair Jerome Powell appearance due on Friday, which could provide
Guaranty Trust Holdings company (GTCO) and Oando Plc, an indigenous energy company, were among other early risers are currently driving the equity market
Most of Nigerian banks have negative year to date return, according to data from their separate financial statements.
The Kano State Public Complaints and Anti-corruption Commission, has commenced investigation into alleged multi billion Naira drug purchase contract scam
The U.S. government has announced a 27-million-dollar humanitarian aid package for Nigeria to assist vulnerable populations and build resilience against food
The first one pound coins featuring Britain’s King Charles III have entered circulation, with collectors encouraged to look out for the historic addition to the
The Port Harcourt Electricity Distribution Company (PHED) has denied allegations of N4.3 billion misappropriation involving its chief executive officer