Author: Olu Anisere
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.
Pi network gained 5.13% to $0.198 over the past 24h, riding fresh altcoin momentum after its protocol upgrade, significantly outpacing a broader crypto market performance.
Ripple (XRP) climbed by 1% to $1.44 after regulators classified it as a digital commodity and failed to breach resistance.
Oil Prices Dip as Iran Allows Ships Through Strait of Hormuz Brent crude oil traded at $107.68 per barrel in international markets on Friday, down 1.8% from the previous close, following a week of sharp volatility driven by escalating tensions in the Middle East. Oil prices declined as Iran allowed a small but growing number of commercial ships to pass through the Strait of Hormuz, according to ship-tracking data. The number of transits was “nearly double” the numbers seen in recent days, according to maritime intelligence company Windward. After rising to as high as $119.13 on Thursday, Brent closed the…
Fitch Ratings has affirmed LG Electronics Inc’s (LGE) Long-Term Foreign- and Local-Currency Issuer Default Ratings (IDRs) at ‘BBB’ with a stable outlook.
Quant Gains 8% on Robinhood Listing Announcement Quant (QNTUSD) gained 8% to $80 in early trading on Friday, significantly outpacing the broader market, which is up just over 1%. Quant is gaining attention for its technical resilience and enterprise progress while the broader market stumbles. Following a hawkish Federal Reserve meeting that sparked a broad crypto selloff, Quant was a notable outlier. While the total market cap fell 1.5% and Bitcoin dropped below $70,000, QNT was listed among the top gainers for the day The move is primarily driven by a major retail exchange listing, which has improved access and…
GCR Ratings (GCR) has assigned Leadway Holdings Limited national-scale long- and short-term issuer ratings of AA(NG) and A1+(NG), respectively, with a stable outlook.
The Saudi Defense Ministry said Thursday air defenses intercepted a ballistic missile targeting the Red Sea port of Yanbu and reported a drone impact at a key oil refinery as regional tensions escalate.
GTCO Plc lost 7.41% of its market value in the Nigerian Exchange (NGX) on Friday as investor sentiment deteriorated ahead of the 2025 earnings release.
Crude oil prices fell in the global commodity market on Wednesday as Iran entered into a side agreement to boost export flows.
The naira showed remarkable strength, appreciating by 0.99% to close at ₦1,344.42 per dollar in the Nigerian Foreign Exchange Market (NFEM). This upward trend reflects a positive shift in currency sentiment within the regulated market, with foreign payments slowing relative to US dollar volume.