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.

Guinness Nigeria Attracts Buy Rating after Better Earnings Outturn

Guinness Nigeria Attracts Buy Rating after Better Earnings Outturn Following sluggish performance in the past quarters, Guinness Nigeria Plc.’s has been rated buy by a slew of equity analysts after an improved earnings debut in the third quarter of financial year 2021. Analysis of the brewer’s financials showed that profit margin for its 9 months 2020 hit a better than expected level, though gross profit margin plunged 5.9% percentage point due to overstretched costs profile. In the third quarter, there was a demand surged which analysts believe was driven by the segments which Guinness Nigeria has chosen to focus on…

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