- FG Approves Health Insurance for Prison Inmates
- Human Capital, Nigeria’s Greatest Resource Not Oil — Tinubu
- CBN’s Policy Shift Appropriate, Nigeria’s Growth Outlook Improves – IMF
- Naira Sees Soft Rally as Interbank FX Activities Slow
- NGX Index Climbs 0.01% as Bulls Struggle to Gain Momentum
- XRP Inches Up as Cross River Taps Ripple USD Stablecoin for Payment
- Nigeria’s Headline Inflation Rate Drops to 14.63% in Sept.
- US, European Stocks Mixed as Inflation Boosts Odds of Fed 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.
Trump Announces New 50% Tariffs on Canadian Imports The U.S. have announced a new 50 per cent tariff on a broad range of Canadian imports, stepping up a trade dispute with one of the U.S. largest trading partners. According to U.S. Trade Representative Jamieson Greer, the tariffs would apply to about 20 billion dollars in imports from Canada, including products such as hockey sticks, wine and cement. The tariffs will take effect on August 19, 30 days after U.S. President Donald Trump signs the proclamation. The White House said the move was a response to what it called Canada’s “discriminatory,…
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’