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, Oman Talks on Strait of Hormuz Shipping Rules Progress Negotiations between Iran and Oman on new shipping rules for the Strait of Hormuz are progressing, with an interim corridor for safe navigation expected to be announced soon. Oman’s Foreign Minister Badr al-Busaidi disclosed this on X on Wednesday following talks with his Iranian counterpart, Abbas Araghchi. “I am hopeful we will soon announce a temporary corridor for the Strait of Hormuz and practical arrangements to restore safe navigation,” al-Busaidi said. Iran’s state broadcaster, IRIB, also published a joint statement by the two countries, saying they had discussed a phased…

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Afreximbank Records 30% Rise in Net Income for First Half 2026 The African Export-Import Bank (Afreximbank) and its subsidiaries (the Group) recorded a 30 per cent increase in net income to 534.7 million dollars in the first half of 2026. The bank disclosed this in a statement issued by Vincent Musumba, Communications and Events Manager, Afreximbank, on Wednesday, on its financial results for the six months ended June 30, 2026. Musumba said the performance reflected the resilience of its business model and its continued support for trade and economic development across Africa and the Caribbean. According to the statement, total…

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