- U.S Places 10 Countries on Currency Manipulation Watch List
- XRP Dips, Ripple Launches Ripple Mint for RLUSD Stablecoin
- Global Markets Dab on US Rate Hike Projection, AI Spending Concern
- South African Rand Weakens as Reserve Bank Holds Rates
- Microsoft Projected to Maintain Earnings Momentum
- Investors Optimistic Ahead of Apple Inc. Q3 Earnings
- PayPal Sets for Q2 Earnings Release
- Otti Backs $13.1m CNG Project in Abia
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.
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Dogecoin (DOGE) price climbed to $0.0882, slightly outperforming a flat broader market, primarily driven by renewed speculative interest following Elon Musk’s SpaceX historic initial public offering (IPO)
Oil prices posted steep weekly losses Friday as signs of de-escalation between Iran, Israel and the US eased fears of disruptions to global crude supplies, reversing gains made earlier in the week amid heightened Middle East tensions.
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The European Central Bank (ECB) raised its three key policy rates by 25-basis points at its June 2026 meeting, marking its first hike since 2023.
The South African rand slid against major currencies as the World Bank reduced its estimate of the country’s 2026 gross domestic product (GDP) growth.
The naira depreciated against the US dollar to N1,363.8250 at the Nigerian foreign exchange market (NFEM) as interbank FX turnover declined.
Binance coin (BNB) price rose by 1% to $600 on Thursday, slightly outperforming a modest market-wide bounce, driven by a relief rally following softer-than-expected U.S. core inflation data.
Ethereum (ETH) price rose slightly in the cryptocurrency market on Thursday, following a surge in the US inflation rate to 4.2% in May and renewed tensions between Washington and Tehran.
Bitcoin price (BTC) climbed by about 2% over the past 24 hours to $62,756, outperforming a modestly rising broader market, primarily driven by a macro relief rally.