Author: Olu Anisere
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 Plc lost approximately 14% of its market value on the Nigerian Exchange (NGX) as investors rotated out interest in the oldest listed financial services companies in Nigeria.
ADC Unveils 2026 Primary Timetable, Sets Presidential Form at N100m Democratic Congress (ADC) has released its timetable for the 2026 primary elections and approved nomination fees for aspirants contesting various elective positions. The party fixed the presidential nomination form at N100 million, the governorship nomination at N50 million, the Senate nomination at N20 million, and the House of Representatives nomination at N10 million. It also pegged State House of Assembly nomination forms at N3 million, establishing a structured fee regime across elective offices. The party also introduced concessionary rates to encourage participation, offering 50 per cent discounts for youths and…
Hedera (HBARUSD) steadied amid news that McLaren has joined the Hedera governing council, with the price hovering at $0.08818 on Saturday.
Structurally large fiscal deficits will keep the U.S.’s debt burden far above that of other ‘AA’ category sovereigns, Fitch Ratings says in a new report.
Nigeria Growth Momentum Begins to Shift, 19 Subsectors Contrast Nigeria’s purchasing manager index (PMI) reading for April indicates a shift in economic growth momentum, with 19 subsectors showing signs of decline, as noted in a recent review by Cowry Asset Limited. The April PMI suggests the economy is transitioning from steady expansion to slower growth, with broad decline across key indicators—particularly in new orders, output, and employment—reflecting weakening demand conditions, especially within the Services sector. While Agriculture continues to hold steady and provide some support, there are early indications of moderation in that sector as well, analysts said in the…
The global oil market saw another double-digit price surge week on week amid worsening energy crisis conditions. Prices spiked amidst efforts to resolve the Iran war, with Tehran continuing to block the Strait of Hormuz.
Samsung Electronics Q1 Earnings Jump, Flags Market Pressure Samsung Electronics has reported a 43 per cent rise in first-quarter revenue to 133.9 trillion Korean won, its highest quarterly performance, despite weak demand for displays and telecoms. The company disclosed this in its first-quarter 2026 financial results released on Friday, highlighting robust overall growth across key business segments. Operating profit also reached a record 57.2 trillion won for the quarter ended March 31, 2026, underscoring strong earnings momentum despite broader market challenges. Samsung said some business units faced pressure from weak demand, seasonal slowdowns, rising tariffs and increasing operational costs during…
Bitcoin (BTC) price climbed about 2% to $77,108.65, outpacing a flat broader market, primarily driven by a pause in institutional selling pressure.
NDPC Records 1,500 Cyberattacks, Exposes Nigeria’s Data Protection Gaps The National Data Protection Commission (NDPC) says it recorded over 1,500 cyberattack attempts within a short period. The National Commissioner of NDPC, Dr Vincent Olatunji, said this in an interview with the News Agency of Nigeria (NAN) on the sidelines of a data protection training programme in Lagos. Olatunji said the situation forced a temporary shutdown of the commission’s network, and highlighted critical gaps in Nigeria’s data protection ecosystem. He said the temporary shut down by NDPC was a security measure; a preventive measure to stop the hackers from succeeding. Olatunji…
UK FCA Sets Out Rules for Fund Tokenisation Innovation UK Financial Conduct Authority (FCA) has set out guidance to support innovation in fund tokenisation, the regulator said in a statement on Thursday. FCA said asset managers will find it easier to unlock the benefits of fund tokenisation following the FCA’s new guidance. The official said the guidance sets out how firms can use distributed ledger technology (DLT) within the regulator’s existing rules. New rules will also make fund dealing more efficient, including an optional Direct to Fund (D2F) model. This enables investors to deal directly with the fund, whether traditional…