- 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.
The Chairman of the Governing Board of the Nigerian Communications Commission (NCC), Mr Idris Olorunnimbe,
Investors lost N983 billion on Friday as sell-offs in key stocks have continued to pull the Nigerian stock market into negative territory.
The South African rand remained on edge amid hawkish expectations from the US Federal Reserve
The global equity markets shook over the mega-tech stocks rotation following a significant price hike by Apple Inc., which caused its stock to drop by 6.2%.
The average yield on Nigerian Treasury bills jumped 27 basis points (bps) as sell pressure in the secondary market
The naira hovered around NGN1,380 per dollar at the Nigerian Foreign Exchange Market (NFEM) amidst a 56% surge in interbank FX turnover.
The South African rand is trading stable against the US dollar, Euro and sterling on Thursday
The FTSE 100 climbed, while global markets saw mixed performance, with a shift toward semiconductors
Bitcoin (BTCUSD) dipped 2% to $61.5k on Thursday, closely tracking a broader market decline
Money market rates were mixed as the financial system liquidity declined by approximately 38%