- BUA Cement Grows Profit by 80% in H1-2026
- Nigerian Naira Rallies, Official Exchange Rate Closes at N1367
- NGX Nears N160trn on New Shares Listing, Banks Stocks Rally
- XRP Price Drops as CLARITY Act Splits U.S. SEC, CFTC Oversight
- Oil Prices Race Past $100 as Global Energy Crisis Deepens
- AfDB Approves $400m Loan for South Africa’s Municipal Utility Reforms
- Nigerian Naira Firms Up Against USD, EUR, GBP – NFEM FX Turnover Dips
- South African Rand Firms Up, Markets Price In SARB Rate Hike
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.
ECOWAS Leaders Sign Agreement on African Atlantic Gas Pipeline Heads of State and Government of the Economic Community of West African States (ECOWAS) have signed the Intergovernmental Agreement (IGA) for the African Atlantic Gas Pipeline (AAGP) Project. A statement issued on Monday night by Andy Odeh, Chief Corporate Communications Officer, Nigerian National Petroleum Company Limited (NNPC Ltd.), stated that the development marks a major milestone towards the implementation of the gas pipeline initiative. According to Odeh, the agreement was signed during the ECOWAS Summit in Freetown, Sierra Leone. “This project is designed to harness West Africa’s natural gas resources, connect…
The financial system liquidity dipped on Monday as the Central Bank of Nigeria (CBN) debited banks’ cash reserve ratio (CRR) requirement on deposits collected but not disbursed as loans.
The Nigerian Treasury bills yields declined as investors ramped up naira assets via secondary market transactions on Monday.
The Debt Management Office (DMO) under-allotted Federal Government of Nigeria (FGN) bonds to investors despite a top-notch subscription level at the auction conducted on Monday.
The naira experienced a soft rally that pushed the local currency value upward slight….
Equities investors gained about N1.8 trillion on the Nigerian Exchange (NGX) as banking and industrial stocks drove momentum. The market opened strong as key market performance indicators increased by 1.12%.
Brent crude traded above $90 a barrel on Monday, extending sharp gains after the weekend escalation
The financial system was flush with cash, strong enough to keep money market rates stable, supported by FAAC
BUA Cement Plc lost 19% of its market value in the stock market due to deteriorated investors’
A soft weekly price gain and the listing of new shares lifted Sterling Financial Holdings’ stock market valuation to N527.434 billion, according to trading data from the Nigerian Exchange.