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.

AI Trade Dangerously Financing Itself, China Just Found the Exit: CEO

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AI Trade Dangerously Financing Itself, China Just Found the Exit: CEO Investors chasing the AI trade need to look past the trillion-dollar figures and ask a much harder question, warns the CEO of one of the world’s largest independent financial advisory organisations. Nigel Green of deVere Group’s comments come as a global sell-off in semiconductor stocks deepened on Tuesday, with investors growing increasingly uneasy about whether the AI boom can sustain itself. South Korea’s Kospi index dropped as much as 8.1%, its lowest level since April 20, as memory giants Samsung Electronics and SK Hynix each slumped more than 9%.…

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Ethereum Price Races Towards $2K on Huge ETH Staking

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Ethereum Price Races Towards $2K on Huge ETH Staking Ethereum (ETH) price edged higher by 5% to $1,967.76, significantly outperforming a broader market that rose 1.46%. The move is primarily driven by a surge in spot trading volume, indicating renewed institutional or large-scale interest, amid a broader capital rotation into altcoins. The surge followed a massive 118.53% spike in 24-hour spot trading volume to $9.21 billion, signalling strong buying pressure and renewed market interest. ETH is racing towards the predicted $2k price level in the fresh rally bolstered by buying interest from retail and institutional investors. Ethereum’s 24-hour trading volume…

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Nigeria Must Compete for African Market or Lose it, Says NSDC

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Nigeria Must Compete for African Market or Lose it, Says NSDC The National Sugar Development Council (NSDC) has urged Nigeria to cut production costs or risk losing the African market to more competitive economies under AfCFTA. The Executive Secretary of NSDC, Mr Kamar Bakrin, made the call in a statement on Sunday in Abuja. Bakrin spoke while presenting a paper at the technical session of the 17th National Council on Industry, Trade and Investment (NCITI). He said that Nigeria faced a defining choice between competing for Africa’s 1.4 billion consumers or conceding the market to countries with lower production costs.…

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