- S&P 500, Euro Stoxx 50 Rally as US Rate Hike Bets Ease
- Linkage Assurance Delivers Impressive Half-Year Earnings Amidst Underwriting Pressure
- ABC Transport Faces Several Margin Contractions Despite Revenue Growth
- XRP Ticks as Successful Payments Processed on Ledger Spikes
- South African Rand Steadies as Fed Rate Hike Bets Ease
- Nigerian Naira Extends Rally as Corporates’ FX Demand Reduces
- CBN Allots N2.6trn as OMO Bills Subscription Tops N4.6trn
- Nigerian Exchange Heads South, Equities Investors Lose N613bn
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.
Pension Assets Can Hit N50trn with Wider Investment, Coverage – Expert A legal expert, Mr Ivo Takor, has urged stakeholders in the pension industry to deepen investment diversification, strengthen regulation and expand pension coverage to sustain the sector’s growing asset base. Takor, who is also the Vice President, Human Rights Committee, Nigerian Bar Association (NBA), Epe Branch, made the call in an interview with the News Agency of Nigeria (NAN) on Saturday in Lagos. The Director-General of the National Pension Commission (PenCom) during a recent State House briefing in Abuja said that pension assets under Nigeria’s Contributory Pension Scheme (CPS)…
FG Inaugurates Committee to Develop 2026 VAT Order, Boost Tax Reform Implementation The Federal Government has inaugurated an Inter-Ministerial Committee to develop the 2026 Value Added Tax (VAT) Modification Order to support implementation of Nigeria’s tax reforms. This is contained in a statement on Saturday in Abuja by Efe Ovuakporie, the Head, Information and Public Relations in the Federal Ministry of Finance. According to the statement, the Minister of Finance and Coordinating Minister of the Economy, Mr Taiwo Oyedele, inaugurated the committee in Abuja on Friday. During the inauguration, Oyedele said that the committee would develop a practical VAT framework…
U.S Places 10 Countries on Currency Manipulation Watch List The U.S. Treasury has identified ten countries for monitoring due to concerns about currency manipulation that could affect the competitiveness of American goods and services. This finding comes from a semiannual report submitted to Congress regarding the macroeconomic and foreign exchange policies of major U.S. trading partners. During the review period, the Treasury assessed the policies of major trading partners, representing nearly 80% of U.S. foreign trade in goods and services. US Treasury Secretary Scott Bessent noted that unfair currency practices have negatively impacted the U.S. trade deficit and manufacturing employment…
Microsoft Projected to Maintain Earnings Momentum Earnings releases in the US will be headlined by big tech hyperscalers, including Microsoft’s fourth-quarter earnings release next week. Microsoft entered this quarter with strong momentum, underpinned by accelerating Azure growth, robust enterprise AI adoption, expanding Copilot deployments and continued capacity additions across its cloud infrastructure. Investor focus will be on whether Azure can sustain management’s guided constant-currency growth of between 39% and 40%, the pace at which M365 Copilot adoption converts into meaningful revenue, and the impact of elevated AI-related capital expenditure on margins and free cash flow. Management guided for revenue of…
Nigerian Treasury bill yields declined across the short, belly, and long durations as the fixed income market continues to accumulate positions in naira assets.
The overnight lending rate has decreased by 2 basis points as excess liquidity in the financial system continues to ease interbank borrowing pressures.
The Nigerian naira extends momentum against the US dollar for the fourth day…
The Nigerian Exchange (NGX) market capitalisation inched near the N160 trillion mark on Thursday as financial stocks rallied following sell pressures during the midweek session.
South African Rand (ZAR) firmed up on Thursday as markets price in a monetary policy rate …
Trading activity in the Nigerian Treasury bills (NTB) secondary market was mildly positive…
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