- Oil Prices Rebound, Brent Tops $92 amid Tanker Attacks
- Ethereum Dips to $2.06K as ETH Stablecoin Market Share Plunges
- Oando Advances Electric Transport Rollout, Targets Wider Adoption
- XRP Price Falls 5% on ETF Outflow, Inflation Concerns
- Brent Crude Drops Below $90 as US-Iran Favour Negotiation
- Dangote Cement: London Listing Withdrawal Redefines Market Narrative
- Tinubu Unveils Pension, Healthcare Initiatives to Boost Retirees’ Welfare
- FCCPC to Monitor Petrol Pump Price as Oil Dips Below $90
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.
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.
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…
Naira Sees Strong Gain as Nigeria Receives Huge FX Inflow The naira experienced sharp daily appreciation of about 5% in the foreign currency market on Wednesday after data showed a lump sum boosted the gross balance in Nigeria’s external reserves. In the Nigerian autonomous foreign exchange market, the naira appreciated by 4.81% to close the trading session at the exchange rate of ₦1,558.75 per US dollar. The local currency appreciated following a record inflow of $250 million into gross external reserves on Monday. Analysts are of the view that Nigeria would requires strong FX liquidity to recalibrate exchange rate direction.…
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