- CBN Cuts Interest Rate on 1-Year Nigerian Treasury Bill to 16.62%
- Naira Tumbles Against U.S. Dollar as FX Demand Shifts
- LASERC Licences Elektron Energy to Generate Power in Lagos
- Brent Crude Oil Tops $100 as Iran Strikes U.S. Vessels, Tankers
- NVIDIA Tokenised Stock Dips Amidst Surging Japanese Yen
- BUA, Cadbury, Nestle Drag NGX Index; investors lose N1.67trn
- Lionel Messi Agrees Deal to Purchase Spanish Second-Tier Side Eldense
- Bitcoin Price Jumps on Spot ETF Inflows, $99.99K Prediction
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.
Bitcoin (BTCUSD), the largest crypto on Friday rose to as high as $38,294, a price level considered as loftiest
The naira struggled to keep value across the foreign exchange market on Wednesday as the Nigerian…
The Central Bank of Nigeria (CBN) has a number of cheap loans for companies operating …
Union Bank of Nigeria (UBN) has inched closer to becoming a private company …
Court Grants Emefiele Bail The Federal Capital Territory High Court on Wednesday admitted the embattled former Central Bank Governor, Godwin Emefiele, to bail. The court ordered that he should be released to his counsel and must be produced in court when needed. The presiding judge, Justice Adeniyi, also ordered him to deposit all his travel documents with the court’s registrar. The judge also pointed out that there must be an end to detention, without trial. The court must also not overlook the fact that he has been in detention for 151 days and the Federal Government and the Attorney General…
The market value of Airtel Africa Plc spiked by about 30% to N6.727 trillion as the market downplayed…
The market value of MTN Nigerian Plc declined as investors continued to sell their shares in the telecom company…
Naira Mixed as Banks Receive US Dollars from CBN The naira moved in different directions on Thursday in the foreign exchange (FX) markets as the Central Bank of Nigeria (CBN) began to clear the foreign currency backlog it owed with US dollar payments to local banks. MarketForces Africa reported that about 14 banks have received payment from an estimated sum of $7 billion owed by the apex bank over the years. In an effort to stabilise the exchange rate, the apex bank said it has started paying back forex backlog. Despite the positive impacts of the move, the exchange rate…
Flour Mills Nigeria (FMN) Plc.’s revenue jumped by 33.9% year on year to N946.65 billion in the first half of its financial year
Trading activities in the fixed interest securities closed on a mixed sentiment in the secondary market …