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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.
T-Bills Yield Rises to 6.6% Despite Robust Liquidity Record Despite a surge in liquidity level in the financial system, the average yield on Nigerian Treasury bills (NTB) spiked by 32 basis points to 6.6% in the secondary market. Broadly, the fixed income securities market has sustained discounting impacts of significant economic events and development that could drive yield repricing to a level that matches expectations. Inflation has maintained an uptrend, and the benchmark interest rate has widened by 700 basis points but the lack of alternative investment windows and regulatory demand from pension asset managers have kept the market in…
Amidst weakening local currency, Zimbabwe’s President Emmerson Mnangagwa has ordered the central bank
Ghana’s headline inflation rate accelerated to 42.2% year on year in May, a 100 basis points increase from 41.2% in April, 2023
The average yield on Nigerian Treasury bills swung sideways ahead of the Central Bank of Nigeria
French energy giant, TotalEnergies, has discovered oil and gas at the Oil Mining Lease (OML) 102 offshore oilfield asset
Nigeria recorded an increase in oil production output of 171,000 barrels per day, according to the oil cartel
The Bank of Uganda (BoU) said that the Monetary Policy Committee maintained the Central Bank Rate at 10.0%
The management of Lekki Port LFTZ Enterprises Ltd., promoters of Lekki Deep Sea Port
Nigeria, Africa’s largest economy by size, could see gross domestic product (GDP) growth of 4% to 5%
FCMB Group Plc’s market valuation bumped last week. The Tier-2 bank recorded a marginal decline in valuation