- US, European Stocks Mixed as Inflation Boosts Odds of Fed Rate Hike
- XRP Price Tanks as Bears Strike after U.S. Inflation Data
- Nvidia Tokenised Stock Price Drops 4.6% Amid Crypto, Equity Selloffs
- Nigeria’s 10-Year U.S. Dollar Bond Yield Falls 6 bps
- Overnight, Repo Rates Ease as CBN Mops 4% of System Liquidity
- Nigeria Rejects UN Budget Cuts Threatening Development, Peacekeeping
- Naira Gains 0.3 Pips as Interbank FX Turnover Soars By 427%
- IMF Urges Countries to Replace Fuel Subsidies With Target Support for Vulnerable
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.
Edel price soared by 21% in 24 hours to $0.0282 on Wednesday, significantly outperforming
Micron Technology Tokenised bStocks Jumps as Capital Rotates to RWAs Micron Technology Tokenised bStocks (MUB) price is up 1.5% to $1,068.01, outperforming a flat broader crypto market, primarily driven by surging sector-wide interest in tokenised equities. Accelerating growth across the tokenised stock sector, highlighted by a $20.9 billion 30-day DEX trading volume milestone. The entire tokenised equity sector is experiencing rapid growth, which is lifting individual assets like MUB. Recent data show that decentralised exchanges processed $20.9 billion in tokenised stock volume over 30 days, with the total distributed value of these assets rising by 15.54% to $3.14 billion. This…
Nigeria’s recent monetary policy rate recalibration is credit positive for deposit money banks…
OpenAI Released GPT-6.1 Sol Model, Priced Below Competitors OpenAI officially launched a new large language model, GPT-6.1 Sol. The model’s core reasoning and processing performance has approached industry competitor Astra, demonstrating a significant technological breakthrough. In terms of commercialization pricing, GPT-6.1 Sol has established a clear cost advantage. Official data shows that the billing price for its standard token is only one-fifth of Astra’s. This pricing strategy will directly reduce the API call costs for developers and enterprises, promoting the large-scale adoption of high-performance AI services. In an official statement, Open AI said it introduced GPT 6 Astra, the most…
The Nigerian National Petroleum Company Limited (NNPC Ltd.) says it has no fixed date for its proposed Initial Public Offering
The Nigerian Exchange (NGX) closed on a bearish note as profit-taking weighed on market performance.
The Nigerian National Petroleum Company Ltd. (NNPC Ltd.) recorded N7.2 trillion Profit After Tax
Bitcoin (BTC) price fell to $83k on Tuesday as 24-hour trading volume and transaction value fell sharply after investor sentiment turned negative.
Oil prices reversed earlier Tuesday’s gains as investors weighed signs of recovering crude supplies from major
UK FCA Secures Money Back for Victims of Crypto Fraud Victims of a £1.5m crypto investment fraud will recover lost funds after the FCA obtained confiscation orders against Raymondip Bedi and Patrick Mavanga. The United Kingdom (UK) watchdog, the Financial Conduct Authority (FCA), said on Monday it has secured money back for victims of crypto fraud. At a hearing at Southwark Crown Court on 28 September 2026, Raymondip Bedi was ordered to pay £603,404.28 and Patrick Mavanga £247,997.99. FCA said between February 2017 and June 2019, Bedi and Mavanga operated a fraudulent investment scheme, cold-calling consumers and persuading them to…
Subscribe to Updates
Subscribe to updates from MarketForces Africa, an independent financial news service provider.
