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- XRP Price Declines by 8% as U.S. Treasury Yields Spike
- Money Market Rates Fall as Banking System Liquidity Rises
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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.
Pi Network surges by 10.5% in 24 hours to $0.09344, significantly outperforming a broadly flat crypto market,
Fidelity Bank Plc.’s share price increased by 15% as investors continue to bet on the Tier-2 lender’s future earnings
Nigeria is expected to prioritise macroeconomic stability by keeping its monetary policy rate (MPR) at 26.5% at the end of the Central Bank of Nigeria (CBN) Monetary Policy Committee (MPC) meeting this week.
United Bank for Africa (UBA) gained 11% on the Nigerian Exchange (NGX) as investors bet…
The equities segment of the Nigerian Exchange (NGX) key performance indicators diverged due to Sterling Bank’s
Bitcoin price is up 1.07% in 24 hours to $64,619, outperforming the broader market, which gained 0.93%, primarily driven by renewed institutional demand via spot ETFs.
Solana (SOL) price climbed to $74.85, slightly trailing Bitcoin’s 1.69% gain, primarily driven by a modest beta move relative to the broader market.
Oil prices are on track for a weekly gain of more than 13% as escalating tensions between the United States and Iran revived concerns over potential disruptions to crude supplies through the Strait of Hormuz.
The Naira rallied, closing the trading week stronger on Friday, appreciating to N1,380.18 against the United States dollar at the official foreign exchange market.
Transcorp Power posted about N55 billion in pre-tax profit in the first half of the financial year 2026, amid operational challenges stemming from recurring vandalism of transmission infrastructure.