- 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.
The Nigerian Exchange (NGX) index slides over midday selloffs in the local bourse, Alpha Morgan Capital Limited
Access Holdings Plc shareholders have approved a final dividend of N46.21 billion
Seplat Energy Plc announced the company has extended its agreement to acquire Mobil Producing Nigeria
Nigeria’s GDP Growth Declines to 2.31% Nigeria’s Gross Domestic Product (GDP) grew by 2.31% (year-on-year) in real terms in the first quarter of 2023, the statistics office said in a new report, a decline from 3.11% growth recorded in the first quarter of 2022, and 3.52% in the fourth quarter of 2022, the National Bureau of Statistics GDP report shows. The reduction in growth is attributed to the adverse effects of the cash crunch experienced during the quarter. The performance of the GDP in the first quarter of 2023 was driven mainly by the Services sector, which recorded a growth…
United Kingdom’s inflation rate fell to the single digits for the first time in eight months, yet the cost-of-living
Ethiopia’s coffee production is forecast to rise by 1% in the marketing year beginning October 2023
The Nigerian naira loses weight further amidst increasing demand and low supply across the foreign exchange
Following a bearish record in the stock market, Ticker: MAYBAKER capped its weekly valuation loss
The National Pension Commission (PenCom) has recovered about N24.53 billion as pension contributions
NEM Insurance Pays N7.6bn Claims in 2022 NEM Insurance Plc paid N7.6 billion to its claimants for the financial year ended Dec. 31, 2022. Dr Fidelis Ayebae, the Chairman, NEM Insurance, said this at the company’s 53rd Annual General Meeting (AGM) on Thursday in Lagos. Ayebae said the figure represented a growth of 38 per cent when compared with N5.5 billion paid in 2021. He said the net claims ratio for the year under review was 22 per cent and 19.9 per cent for year 2021, representing an increase of 2.1 per cent. He stated that gross claims incurred during…