- Naira Depreciates Across FX Markets on Liquidity Squeeze
- FirstHoldco Hits 52-Week High on Substantial Trading Volume
- CBN’s Biggest Signal Not Rate Cut, AAG Capital Says
- Interest Rates on Nigerian Treasury Bills Fall Below 16%
- Iran Defends Nuclear Programme, Accuses U.S., Israel of Breaking Int’l Law
- 40% of Nigerians Still Lack Reliable Power – REA Boss
- Diverting Tithes, Offerings, Zakat to Private Businesses Criminal – EFCC
- SK Hynix Tokenised bStocks Dips on Broader Market Pullback
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.
Ripple’s crypto (XRP) price inched up by about 3% to $1.45, outperforming a modestly positive broader market, primarily driven by a major payment platform integration in Japan and strong institutional ETF inflows.
Bitcoin (BTC) price topped $75.3k on Friday as easing geopolitical tensions continue to boost buying momentum in the cryptocurrency market.
The Dangote Group is moving forward with plans to sell a 10 per cent stake in its $20 billion, 650,000-barrel-per-day refinery through a landmark Pan-African Initial Public Offering (IPO) in 2026.
RaveDAO (RAVE) token gained approximately 30% to $18.34 over the past 24h, significantly outperforming a flat broader market, driven by continued momentum in the meme coin sector.
XRP price rose by 5% to $1.46 as Ripple tested real-time bond settlement in Korea, fuelling expectations that improved adoption would boost demand for cross border payments.
Global energy crisis is expected to put Nigeria’s interest rate cut on hold until the aftermath effects of the US-Iran war fizzle out, analysts said in a discussion with MarketForces Africa.
All Fitch-rated licenced Nigerian banks have met the new paid-in capital requirements effective from end-1Q26, as have the majority of non-rated banks, Fitch says.
Ripple (XRP) price fires up by 5 % to $1.46 in 24h, significantly outperforming a flat Bitcoin, primarily driven by a surge in institutional exchange-traded fund (ETF) demand.
The Nigerian Exchange (NGX) market capitalisation surpassed N134 trillion as First Holdco, Ecobank Transnational Incorporation (ETI) and Aradel Holdings led today’s rally.
XRP price is up 4.79% to $1.4115 over the past 24h, outperforming a broadly positive market, primarily driven by speculation about a potential integration with the Solana network.