- Nigerian Exchange Loses N109bn as GTCO, UBA, Zenith Bank Dip
- British Pound Strengthens as UK Economy Beats Expectations
- US, European Markets Rise as Global Risk Appetite Improves
- XRP Rebounds on Ripple Banking Partnership for RLUSD
- Oil Dips as IEA Members Agree on Emergency Stocked Crude Release
- Bitcoin Rises, MSCI Rule Targets Strategy Exclusion from Global Index
- EU Leaders Call for Measures to Tackle Soaring Energy Prices
- World Bank Mobilises $112bn Private Capital to Boost Job Creation
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.
FX WATCH: The exchange rate settled in favour of the Nigerian naira at the official, gaining about 10% on Monday
Nigeria T-Bills Yield Sinks Ahead of CBN Auction The average yield on Nigerian Treasury bills (NTB) slumped by 26 basis points to close at 10.50% on Friday ahead of the midweek auction by the Central Bank of Nigeria (CBN). On Wednesday, the apex bank will be refinancing maturing treasury bills worth more than N104 billion as part of an effort to maintain balance in the financial system’s liquidity level. The secondary market registered increased demand from investors, this caused yield to slide across related tenors. Traders noted interest among market participants towards both short and long-tenor bills, which was also…
The average yield on Federal Government of Nigeria (FGN) bonds declined marginally as investors …
The stock market price of MeCure Industries Plc spiked by 61% to N9.21 in the last five trading sessions
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…