Author: Julius Alagbe
Julius Alagbe has about 2 decades of experience in finance, accounting and economics. A fantastic financial analyst with experience in the media, research and consulting industry.With an education background from top global institutes like Imo State University, the Association of Chartered Certified Accountants (ACCA), the Chartered Institute of Administration/Nigerian College of Administration, and Julius has focused on anything that trends, figures, and projections can explain.Apart from his reportage skills, Julius has cut his teeth in Due Diligence, Advisory Service, Research, and Training.
Wall Street Slips Amidst AI Investment Returns Concerns Wall Street came under pressure overnight as ongoing geopolitical concerns and weakness in the tech sector led to a sell-off across the major indices. The S&P 500 closed down 0.49%, the NASDAQ fell 0.90%, and the Dow Jones slipped 0.05%, with concerns over AI investment returns intensifying after OpenAI missed key targets ahead of major earnings releases. In its morning brief, First National Bank (FNB) said investors will now look ahead to several earnings releases from Meta, Microsoft, Google, and Amazon later today for further insight into the tech sector and future…
Reflecting an uncertain outlook, oil prices rose on Wednesday, driven by expectations that ongoing uncertainty in the Strait of Hormuz could further tighten global supply.
Jaiz Bank plc. dropped an additional 9% of its market value as concerns about the Islamic lender’s delayed audited financial statements stoked sell pressure in the local bourse.
XRP rebounded in the crypto market as the US SEC reaffirmed the token as a digital commodity in a new guideline. Details from the crypto exchange showed XRP trading around $1.40 on Wednesday, following a sharp price depreciation in the previous session.
The Central Bank of Nigeria (CBN) sold OMO bills to investors at the open market operation conducted on Tuesday, amidst robust liquidity in the financial…
The newly inaugurated board of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) resumed on April 28, 2026 with a pledge to boost the capacity of the NUPRC in meeting its statutory mandate.
The United Arab Emirates (UAE) said Tuesday it will withdraw from the Organisation of the Petroleum Exporting Countries (OPEC) and the wider OPEC+ alliance, with effect from May 1, 2026.
The Nairobi Securities Exchange (NSE) All-share index (ASI) declined as investors pulled profits by selling Longhorn, Kenyan Airways, Unga Group, Express Kenya, and Britam shares.
Ripple (XRP) broke below key support at $1.37 on Tuesday, dipping to $1.37 under sell pressure and underperforming a slightly weaker broader market.
Bitcoin (BTC) price declined to $76,187.82, underperforming a slightly softer broader market, primarily driven by a shift in geopolitical risk sentiment.