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- Naira Tumbles Against U.S. Dollar as FX Demand Shifts
- LASERC Licences Elektron Energy to Generate Power in Lagos
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- BUA, Cadbury, Nestle Drag NGX Index; investors lose N1.67trn
- Lionel Messi Agrees Deal to Purchase Spanish Second-Tier Side Eldense
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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.
AfDB Approves $11.7m for African Farmers to Access Fertilizer The Board of Directors of the African Development Bank has approved a $11.7 million budgetary allocation to the African Fertilizer Financing Mechanism (AFFM) for its 2023 operations. The approval adds up to $16.4 million extended to the Facility to support its 2023 budget. It includes $4.7 million, which was carried over from the previous year. The Board of Directors also validated AFFM’s 2023 program of activities: strengthening the fertilizer sector through access to finance, supporting the development of sustainable policy reforms to improve fertilizer production, trade, and use, and facilitating access…
The crude oil market continues its bearish session with declining prices as a result of demand fears …
Nigeria’s Debt Management Office has raised more than N368 billion from the Federal Government’s primary market bonds
Demand for foreign currencies spiked, albeit, marginally across the foreign exchange market
The Kaduna State Universal Basic Education Board (Kaduna SUBEB) has begun a campaign to enrol 145,553 out-of-school children
Kristalina Georgieva, Managing Director of the International Monetary Fund (IMF), has welcomed a statement from the Official Creditor Committee for Ghana on the importance of an IMF-supported economic program, together with its commitment to negotiate debt restructuring terms accordingly.
Amidst a relatively high debt load that triggered the financial crisis in Ghana, Fitch Solutions
Amidst uncertainties in demand following the United States (U.S) debt ceiling debate, crude oil prices …
The Nigerian local currency, the naira recorded a gain in the investors, and exporters’ foreign exchange market
The equities segment of the Nigerian Exchange (NGX) recorded about N34 billion gain as banking stock gained