- ChatGPT, Claude, Grok Others Down as AI Bots Malfunction
- Nigeria, IEA Sign Energy Data Partnership
- FTSE Frontier Reclassification: 10 Nigerian Equities Set for Greater Global Investor Attention
- SEPLAT, UPDCREIT Boost NGX Index, Investors Gain N238bn
- BTC, ETH, XRP Rally Boost Global Crypto Market Cap to $2.7trn
- NAICOM Unveils ISSP to Advance Insurance Penetration
- Asian Nations Rush to Expand Energy Storage After Strait of Hormuz Crisis
- Bank of Industry Signs N274.18bn Development Bond
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.
Nigeria’s Latest Inflation Figure a Paradox of Conflicting Narratives Prof. Ken Ife, an economist, has described Nigeria’s latest inflation figures as a paradox of conflicting narratives, with headline inflation slowing to 15.43 per cent in July while food price pressures accelerated. Ife said this in an interview with the News Agency of Nigeria in Abuja on Sunday. He was reacting to the Consumer Price Index (CPI) and Inflation Report for July released by the National Bureau of Statistics (NBS). The NBS had reported that headline inflation declined by 0.48 percentage points from 15.91 per cent in June to 15.43 per…
NICA Seeks N2trn Credit Guarantee Fund to Unlock Nigeria’s Economy The National Institute of Credit Administration (NICA) has called for the immediate capitalisation of the Nigerian Credit Guarantee Company (NCGC) with two trillion naira. The Registrar and Chief Executive Officer of NICA, Prof. Chris Onalo, made the call on Sunday in a statement on the state of Nigeria’s credit economy. Onalo said stronger banks from the recent recapitalisation would not translate into economic growth without deliberate measures to expand credit to productive sectors. He said private sector credit stood at 28 per cent of the Gross Domestic Product as of…
Debt Management Office (DMO) has raised N7.6 trillion via Federal Government of Nigeria
Bitcoin (BTC) price rose by $15k after the US Treasury announced it would double down on its bond buyback
Oil market rallied, prices on track for a second consecutive weekly gain as uncertainty…
Three insurance equities accounted for 4.168 billion shares valued at N9.249 billion in 1,660 deals
Cardano (ADA) price climbed by 11% to $0.220, outperforming a broader market rally
The Nigerian local currency, the naira, gained value at the foreign exchange market due to the strength of available US dollars on the supply side.
Equity investors mined profits from selling their shares in Oando and Aradel Holdings, among others, as losses in the Nigerian stock market extended to eight days.
The South African rand continued to firm against the US dollar as macro data influenced market expectations ahead of the Federal Reserve’s interest rate decision.