- Reforms Restoring Stability, Investor Confidence – Tinubu
- Oil Prices Dip Below $90 on Potential US-Iran Deal
- ECB Hikes Rates 25bps, Targets 3% Inflation for 2026
- Rand Slides as World Bank Cuts South Africa’s 2026 GDP Growth
- Wall St, European Markets Surge on AI Stock Rally Ahead of SpaceX Debut
- Fitch Affirms African Development Bank at ‘AAA’, Outlook Stable
- Naira Depreciates as Interbank FX Turnover Declines
- Equities Investors Lose N73bn as Nigerian Exchange Index Dips
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.
The Central Bank of Nigeria (CBN) is poised to open Treasury bills for subscription at the primary market auction on Wednesday to efficiently refinance maturing securities.
Dangote Cement Hikes Dividend by 50% as Profit Spikes Dangote Cement Plc has announced plans to pay shareholders N45 as a final dividend, reflecting improved earnings performance in 2025. The proposed amount represents a 50% increase over the equivalent period in 2024, supported by significant earnings growth. The top members of the cement oligarchy double down on their profitability in 2025, supported by a about 35% year-on-year increase in cement price per tonne in the Nigerian market. Nigeria’s volume sold was flattish, but the group’s earnings before interest, tax, depreciation and amortisation supported the improved performance. Volume sold in the…
Stanbic IBTC Falls by 5.4% after AFS Delay Hint Stanbic IBTC Plc lost about 5.4% of its market value as investor sentiment deteriorated, with the non-operating holding company hinting that its audited results would be delayed. According to trading data, Stanbic IBTC’s share price dropped to N122 as investors trimmed their holdings amidst fluctuating trading volume. The bank’s share price declined in one out of five trading sessions, reflecting thin trading activities due to large holdings by its parent company. The financial services company is 68.46% owned by Stanbic Africa Holdings Limited, which is incorporated in the United Kingdom. The…
Pushing market capitalisation to $1.33 trillion on Sunday, Bitcoin (BTC) gained 5% over the last 24 hours to $66,579.63, as Citigroup plans digital asset infrastructure in 2026, supported by easing selloffs after U.S. military action in Iran.
Solana (SOL) gained 4.5% in the last 24 hours to $84.74 as geopolitical selloffs eased, outperforming a broadly positive market.
Mr Bimbo Adekanmbi, the Chairman of the 11-man Committee on the upgrade of the Ibadan Airport, has said that direct international flights would commence before the end of 2026.
Gov. Alex Otti of Abia has said that the Economic and Financial Crimes Commission (EFCC) is investigating the alleged misappropriation of N10 billion purportedly spent for a non-existent Abia Airport by the previous administration.
Nigeria’s debt burden is projected to decline in 2026 to around 35% of the gross domestic product (GDP) in 2026, according to details obtained from Moody’s periodic ratings review.
Crypto Market Bearish Amidst Expired BTC, ETH Options The crypto market dropped by 2.67% in the last 24 hours to $2.28 trillion, primarily driven by a hotter-than-expected U.S. inflation report. The January U.S. PPI rose 0.5% month-over-month, significantly above the 0.3% forecast, with Core PPI jumping 0.8%. This data dampened expectations for near-term Federal Reserve rate cuts, increasing the appeal of traditional safe havens like gold while triggering a selloff in rate-sensitive assets, including crypto. Market sentiment remains deeply negative, with the Fear & Greed Index stuck at “Extreme Fear” (16). Concurrently, total derivatives open interest fell 4.9% in 24h,…
Nigerian bond yields fell in the secondary market after the Debt Management Office (DMO) underwrote its monthly auction despite a record excess subscription level.