- Nigeria Targets $750 Billion in Untapped Minerals With New EMERGE Programme
- S&P Cuts Nigeria’s Growth Projection, Raises Inflation Expectation
- South African Rand Stables Against Crosses Ahead of PPI Data
- AI Names Shift Global Markets Indicators, FTSE 100 Surges
- BTCUSD- Bitcoin Dips to $61.5K as Institutional Appetite Softens
- Nigeria Seeks Partnerships to Build World-Class Steel Industry
- Oil Prices Ease Near Pre-War Range as US, Russia Plan Talks
- Money Market Rates Mixed as System Liquidity Falls by 38%
Author: Julius Alagbe
Julius Alagbe is a senior financial journalist and Editor at MarketForces Africa with nearly two decades of experience in finance, accounting, and economics reporting.He is one of Nigeria's most prolific financial market reporters, covering capital markets, monetary policy, corporate earnings, banking, telecoms, and macroeconomic developments across Africa.Julius has built a strong footprint reporting on Nigeria's leading corporates and financial services sector, including coverage of the Nigerian Exchange Group, Central Bank of Nigeria monetary operations, MTN Nigeria, GTCO, and major investment banking transactions.He regularly monitors the CBN’s open market operations, interbank FX markets, and equity market movements, providing readers with real-time intelligence on Nigeria’s financial landscape.His reporting draws on direct access to institutional research from firms including Moody’s Ratings, CardinalStone Securities, Fitch, and other leading African investment houses.Julius brings analytical depth and editorial rigour to every story, making complex financial data accessible to professionals, investors, and policymakers across Africa.Julius Alagbe is based in Lagos, Nigeria.
Cardano (ADAUSD) price is set to tick higher, up 0.73% to $0.1745 on Saturday, as cryptocurrency investors develop an appetite for altcoins after significant sell-offs.
Global equities markets rally on AI and tech stock momentum following a marked shift towards risk assets on signals of easing US-Iran tensions.
Ripple (XRP) slipped to $1.10 on Thursday from $1.13, as the price failed to respond positively to improved fundamentals and underperformed a slightly positive broader market.
Global equities markets dipped as the US Inflation rate surge weighed on investors’ sentiment ahead of the European Central Bank (ECB) rate decision on Thursday.
Africa’s investment story has shifted decisively. While global foreign direct investment fell 11% in 2024 and continued declining into 2025, Africa bucked the trend entirely — recording a 75% jump in FDI inflows to a record USD 97 billion.
The average yield on Nigerian Treasury bills (NTB) climbed by 12 basis points (bps) in the secondary market on Wednesday as investors sold off naira assets.
The naira spot rate depreciated against the US dollar in the Nigerian foreign exchange market (NFEM) as international payments exceeded supply-side volume.
The Ekiti Government has begun the disbursement of N55.6 million in grants to 177 entrepreneurs selected across the state under the Innovation Enterprise Support Fund (IESF), in partnership with FirstBank of Nigeria.
Audiera price (BEAT) surged by about 27% in 24 hours to $5.98, dramatically outperforming a flat broader market, driven primarily by increased speculative buying pressure.
Hyperliquid Price Falls 10% Amidst Stablecoin Rule Warning Hyperliquid price (HYPEUSD) fell by about 10% over 24 hours to $56.01 amid warnings about stablecoin rules, with broader market risk-off sentiment pressuring high-beta altcoins. The crypto market relapsed on Wednesday on hawkish Fed expectations after strong U.S. jobs data, leading to institutional exchange-traded fund (ETF) outflows and risk aversion. The entire crypto market fell 1.74% in 24h, with Bitcoin down 1.66%, according to traders. The drop was triggered by a stronger-than-expected U.S. jobs report on June 9, which increased fears of Federal Reserve rate hikes. This led to record outflows from…