- Naira Little Changed as Forex Market Activities Ease
- Ripple – XRP Price Spikes to $1.14 on Short Squeeze
- Equities Investors Gain N3.16trn as Nigerian Stocks Rebound
- Mining Firms Risk Losing Titles Over Community Agreement Breaches- Alake
- WHO Initiates Clinical Trial for New Ebola Treatment in DR Congo
- FG Clears N39.6bn Pension Arrears
- Google Play Launches $1m Fund to Boost African Game Developers
- SEC Clears 7 New Fintech Firms for ARIP
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.
Iran’s Foreign Ministry spokesman Esmaeil Baghaei has accused the United Arab Emirates (UAE) of its “support for and cooperation with the aggressors against Iran.”
The naira rallied against the US dollar at the Nigerian foreign exchange market (NFEM) on Monday, reflecting improved liquidity in the official window. The naira climbed to N1365, according to the daily FX published by the Central Bank of Nigeria, from N1374.94 at last week’s close.
The Federal Capital Territory High Court on Monday remanded a former Syke bank Chairman, Tender Ayeni in Kuje Corrections facility, pending the determination of his bail application.
Ethereum (ETHUSD) price increased by 2.5% over 24 hours to $2,368.08, according to trading data from a crypto exchange. The altcoin gain outpaces a broader market rally driven by a geopolitical de-escalation narrative, boosting risk assets.
The South African rand weakened against major crosses in the foreign exchange market as investors sought positions in safer global currencies amid geopolitical pressures.
First Holdco Plc lost approximately 14% of its market value on the Nigerian Exchange (NGX) as investors rotated out interest in the oldest listed financial services companies in Nigeria.
ADC Unveils 2026 Primary Timetable, Sets Presidential Form at N100m Democratic Congress (ADC) has released its timetable for the 2026 primary elections and approved nomination fees for aspirants contesting various elective positions. The party fixed the presidential nomination form at N100 million, the governorship nomination at N50 million, the Senate nomination at N20 million, and the House of Representatives nomination at N10 million. It also pegged State House of Assembly nomination forms at N3 million, establishing a structured fee regime across elective offices. The party also introduced concessionary rates to encourage participation, offering 50 per cent discounts for youths and…
Hedera (HBARUSD) steadied amid news that McLaren has joined the Hedera governing council, with the price hovering at $0.08818 on Saturday.
Structurally large fiscal deficits will keep the U.S.’s debt burden far above that of other ‘AA’ category sovereigns, Fitch Ratings says in a new report.
Nigeria Growth Momentum Begins to Shift, 19 Subsectors Contrast Nigeria’s purchasing manager index (PMI) reading for April indicates a shift in economic growth momentum, with 19 subsectors showing signs of decline, as noted in a recent review by Cowry Asset Limited. The April PMI suggests the economy is transitioning from steady expansion to slower growth, with broad decline across key indicators—particularly in new orders, output, and employment—reflecting weakening demand conditions, especially within the Services sector. While Agriculture continues to hold steady and provide some support, there are early indications of moderation in that sector as well, analysts said in the…