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.

South African Rand Firms Up Slightly Ahead of Rate Decision The South African rand (ZAR) firmed up slightly against the US dollar, the euro, and the British pound on Wednesday ahead of the Reserve Bank (SARB) interest rate decision. With the threat of a global inflation surge, the market anticipates a hawkish stance to continue, and some analysts do not rule out a hold decision amid unstable US-Iran negotiations. The rand is trading marginally firmer as expectations of a cautious South African Reserve Bank monetary policy committee (MPC) meeting continue to provide support for the currency. In a brief, First…

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