- Moody’s Ratings Changes Seplat Energy’s Outlook to Positive
- Fitch Affirms Qatar at ‘AA’ with Negative Outlook
- Zcash Tops $1,000 as Investors Rotate into Privacy Coins
- Ripple XRP Price Declines on U.S. Fed Rate Hike Fears
- SK Hynix Tokenised bStocks Surges 6% on Regulatory Catalyst
- FG Opens N2.5bn Grant Window for 50 Student Innovators
- Oil Prices Rise 8% as US-Iran Tensions Heighten Energy Risk
- Binance Coin Rises on Pasteur Upgrade, Kalshi Listing Optimism
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.
First Holdco Loses 5.8% as Buying Sentiment Fades Elephant-branded financial services company, First Holdco Plc., retreated after fast and furious price appreciation that lifted its market value above N2 trillion mark on the Nigerian Exchange. The significant rerating of First Holdco came after its chairman, Femi Otedola, increased shareholdings in the group in December, 2025. Trading data from the Nigerian bourse showed that First Holdco’s share price printed at N49 on Friday as investors traded more than 2.4 million units at a total value of N118.292 million. First Holdco fell successively from its week high of N52 on downbeat investor…
The naira skidded against the US dollar at the official window as FX payments weighed on liquidity balance in Nigeria’s forex market, amidst growing external reserves.
The Nigerian Exchange (NGX) All-share index (ASI) declined week-on-week (WoW) as equity investors lost N394 billion due to sell pressures in some top stocks.
Global Growth Outlook to Remain Stable Amidst Headwinds The latest global growth projections from the International Monetary Fund (IMF) suggest that the world economy is set to maintain a steady expansion of 3.3% in 2026, despite a complex mix of supportive and restraining forces. In a review note, analysts at Cowry Asset Limited said the forecast represents a marginal two-basis-point deviation from the IMF’s October 2025 outlook and reflects the balancing effect of easing inflation, softening energy prices, and moderating oil demand, weighed against persistent trade tensions and policy uncertainty. According to the IMF, global growth momentum remains underpinned by…
Extending its weekly loss, Ethereum (ETHUSD) dropped by 1.07% over the last 24 hours to $2,926, according to data from crypto exchanges, underperforming the broader crypto market’s 1.27% decline.
Ripple (XRPUSD) has launched new breakout attempts in the cryptocurrency market after hitting an oversold region, but the pace appears to be slowing.
The Nigeria Inter-Bank Settlement System is exploring offline payment solutions to reach Nigerians with limited data access and prevent exclusion from the payments ecosystem.
The Nigerian stock market rebounded on Friday, gaining N74 billion as investors returned to bargain-hunting in select stocks after the previous session’s losses.
Bitcoin (BTCUSD), Ethereum (ETHUSD), and other top cryptocurrencies continue to struggle on Friday amidst intensified geopolitical and geoeconomic uncertainties.
The Gold and Precious Ores Division of the Federation of Egyptian Industries says work on creating the country’s first large-scale gold refining plant has begun.