- FirstHoldco Soars on Earnings Beat, Otedola, RC Hold 50% of All Shares
- XRP Upside Rises to 35% as Ledger Upgrade Delayed to Nov.
- UK’s Dividend Tax is Fatally Flawed, Budget Could Drag Investors Back to the 1970s
- Dangote, FirstHoldCo Halt NGX Downtrend, Investors Gain N1.47trn
- CBN Grants JPMorgan Licence to Operate Merchant Bank in Nigeria
- Oil Prices Jump on Heightened Supply Risk, Brent Tops $114
- XRP Selloff Slows as Ripple Supports SEC Crypto Asset Framework
- Global Equities Markets Tank on AI Sustainability, Financing Fears
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.
Global Markets Rally as Pause in Bond Selloff Restores Risk Appetite Global equities markets rallied as a pause in the global bond sell-off restored risk appetite, easing valuation pressures on technology shares and supporting credit-sensitive sectors. Wall Street reached fresh record highs as chipmakers rallied, with the S&P 500 closing 0.58% higher, the NASDAQ gaining 0.45% and the Dow Jones adding 0.49%, First National Bank (FNB) said in a brief on Wednesday. Investors now await Federal Reserve minutes for further guidance on monetary policy. Lower sovereign yields also lifted European banks, consumer discretionary stocks, and carmakers, helping the Euro Stoxx…
Nvidia Corp., a US-based semiconductor and computing company, has seen share-price momentum push the AI hardware
The UK government has appointed six major banks to run its first blockchain-based “digital gilt” pilot, with issuance targeted for early 2027.
Ripple (XRP) continues to defend the $1.50 level, posting a 0.5% gain on Tuesday and slightly
Bitcoin (BTC) ticked up 0.56% to $85,738.64, closely tracking the total crypto market cap’s 0.50% rise.
Rand Drops Against Crosses on Global Risk Sentiment Shifts The South African Rand (ZAR) continues to decline versus crosses including the US dollar (USD), Euro (EUR) and British pound (GBP) on Tuesday as sustained elevated U.S. Treasury yields and global oil prices weigh on sentiment. The rand faces persistent downward pressure from a broader global risk-off environment, stockbroking and portfolio subsidiary First National Bank (FNB) said in a brief, characterised by rising US Treasury yields and a strengthening dollar that continues to drain capital from emerging-market assets. Traders said locally, sentiment remains weighed down by an impending domestic fuel price…
U.S. and European equities market gained momentum as AI, technology stocks ….
The Nigerian naira slid against Western currencies as foreign exchange market data…
Ripple (XRP) posted gains as Ripple continues to deepen its footprint across Asia …
UBA Group Plc.’s shares attracted N2.045 billion in transaction value on the Nigerian Exchange (NGX) on Monday