- Nigerian Exchange Climbs on Seplat, Dangote, FCMB Rally
- NVIDIA Tokenized bStocks Up on Hugging Face Acquisition Boost, Dividend
- XRP Price Soars 6.5% on Dovish U.S. Fed Signal
- ChatGPT, Claude, Grok Others Down as AI Bots Malfunction
- Nigeria, IEA Sign Energy Data Partnership
- FTSE Frontier Reclassification: 10 Nigerian Equities Set for Greater Global Investor Attention
- SEPLAT, UPDCREIT Boost NGX Index, Investors Gain N238bn
- BTC, ETH, XRP Rally Boost Global Crypto Market Cap to $2.7trn
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.
Risk-off sentiment in the debt market lifted Nigerian government bond yields as investors continue to optimise their portfolio returns.
Ethiopia Unlocks Access to $484 Million IMF Loan Ethiopia has unlocked access to $484 million loan from the International Monetary Fund (IMF) as the Executive Board completed the fifth review of the arrangement under the Extended Credit Facility (ECF). IMF said that while strong macroeconomic performance to date has created resilience, the war in the Middle East represents a substantial external shock. The Fund added that rephasing will bring forward about US$200 million under Ethiopia’s program to help ease near-term financing pressures and address the immediate impacts of the war. The executive board said the Ethiopian authorities have made solid…
Nigerian deposit money banks (DMBs) ‘ total loan portfolio growth is projected to increase by about 20%
Global equity markets rallied as tech stocks continued to dominate Wall Street …
Nigeria’s private sector growth slowed in June as the headline purchasing managers’ index (PMI) declined …
The price of Ripple (XRP) has remained fairly steady at $1.04 over the past 24 hours, as traders
The naira rose against the US dollar at the Nigeria foreign exchange market (NFEM) window on Tuesday
Backed by over 140 companies, Open Standard unveiled Open USD (OUSD), a dollar-pegged stablecoin for global payments on Tuesday.
Bargain hunting in Airtel Africa, FCMB Group and other risers boosted the Nigerian Exchange (NGX) All-Share Index by 45 basis points on Tuesday.
Oil prices fell more than 1% on Tuesday as investors assessed conflicting signals over planned US-Iran talks
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