- Money Market Rates Mixed as Banking System Liquidity Dips
- CBN to Open N1trn Worth of Treasury Bills for Subscription
- CBN Raises N3.8trn in OMO Bills Sales to Banks, FPIs
- Naira Opens Weak, Foreign Investors Drive $0.93bn FX Inflows
- South African Rand Firmer as ‘Peace Deal’ Shifts Market Sentiment
- Global Equities Markets Rally on AI Momentum, SpaceX IPO Debut
- Anthropic Restricts Access to Fable, Mythos 5 AI Models after US Order
- Fitch Affirms China at ‘A’ With Stable Outlook
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.
Election Spending to Shape Nigeria’s Inflation Rate in 2026 Nigeria’s election spending is projected to shift Nigeria’s annual inflation gear, with investment banking firm Cowry Asset Limited projecting the headline rate to trend between 17.8% and 18.7% range in 2026. The inflation rate projection is anchored on election-related spending pressures and diminishing base effects, even as structural reforms continue to shape the medium disinflation path. Nigeria is one year away from the presidential election, according to the Independent National Electoral Commission calendar. The penultimate year often witnesses a significant flow of money from the political class, which is expected to…
Manchester City Thrashed Leicester 6-0 Manchester City moved closer to securing the Barclays Women’s Super League title by defeating Leicester City 6-0, increasing their lead to 11 points. Khadija Shaw and Yui Hasegawa scored either side of Vivianne Miedema’s brace in the first half before Kerolin and Aoba Fujino wrapped up the victory at Joie Stadium to see City move 11 points clear at the WSL summit. Kerolin made it five soon after the restart from range before substitute Aoba Fujino got in on the act after the hour mark. It was a performance of attacking superlatives from the WSL…
The naira declined against the US dollar as significant demand for foreign payments slowed the local currency momentum at the Nigerian foreign exchange market (NFEM).
The Nigerian naira exchange rate per dollar climbed to N1,348 at the official market amidst rising external reserves, and inflows from offshore investors with interest in elevated yields in the fixed income market.,
With deposit money banks (DMBs) sustaining activity in the Standing Deposit Facility (SDF), financial system conditions continue to improve in the absence of open market operations and other primary market actions thus far this week.
The euro (EURUSD) rose to $1.185, remaining close to its highest point since late January, following indications from the European Central Bank (ECB) that the monetary authority is largely unbothered by the recent increase in the value of the single currency. With an intention to drive Eurozone economic growth, interest rates were left unchanged at the policy meeting last week, with policymakers signaling inflation is not an immediate problem. Last week, the EUR/USD fell for the second consecutive week, even though it managed a nice bounce from a key technical zone on Friday as risk assets all staged a rally.…
Equities investors gained N1.4 trillion on Monday in the Nigerian Exchange (NGX) as Dangote Cement, Aradel Holdings, UBA, and other risers drove momentum.
Trading in Nigerian Treasury bills was robust, characterised by targeted demand primarily focused on the mid-section of the yield curve in the secondary market.
Oil Prices Decline, Brent Hovers at $67 Per Barrel Oil prices declined on Monday, driven by signals that regional tensions may be easing after announcements that negotiations between Washington and Tehran over Iran’s nuclear program will continue. Brent crude traded at $67.09 per barrel, down 0.8% from the previous close of $67.66. US benchmark West Texas Intermediate (WTI) decreased 0.8% to $62.76 per barrel, compared with $63.31 in the previous session. US President Donald Trump described the indirect talks held between Iran and the US in Muscat, the capital of Oman, as “very good,” saying Tehran had strongly demonstrated its…
Electoral Act: Senate to Hold Emergency Sitting, Tuesday The Senate will reconvene for an emergency plenary sitting on Tuesday, Feb. 10, at 12:00 in spite of having earlier adjourned sittings until February 24. The development was formally conveyed in an official notice dated Feb. 8, 2026, signed by the Clerk of the Senate, Emmanuel Odo, on the directive of the President of the Senate, Godswill Akpabio. The notice read: “I am directed by His Excellency, the President of the Senate, Distinguished Senator Godswill Akpabio… “To inform all Distinguished Senators of the Federal Republic of Nigeria that an Emergency Sitting of…