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.

European Markets Mixed as Uncertainty Dampens Risk Appetite

News

European Markets Mixed as Uncertainty Dampens Risk Appetite European markets delivered mixed performance as political uncertainties and geopolitical pressure constrained risk appetite ahead of the European Central Bank decision later this week. Elevated oil prices continue to keep inflation and interest rate risks at the centre of markets amid recent strikes in the US and Iran, while renewed trade frictions add pressure. The Euro Stoxx 50 closed 0.17% higher as semiconductor strength offset insurance losses, while the FTSE 100 lost 0.08%, with energy gains only partially offset consumer weakness. Asian trading is subdued this morning as caution continues to spread…

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Nigerian Stock Market Tops N160trn as Dangote Sugar Lists Shares

Stock Market

Nigerian Stock Market Tops N160trn as Dangote Sugar Lists Shares The equities market capitalisation of the Nigerian Exchange (NGX) increased by more than N1 trillion, driven by new share listings from the Dangote Sugar Refinery rights issue. The stock market opened the new week on a positive note, with key performance indicators showing mixed outcomes. The NGX All-Share Index increased by +0.29%, while the market capitalisation rose by +0.65%. The divergence is attributed to the additional listing of 8,097,918,827 Ordinary Shares of 50 Kobo each at N60.00 Per Share arising from Dangote Sugar Refinery Plc’s Rights Issue of 8,097,918,827 ordinary…

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Debt Office Opens FGN Savings Bond for Subscription

News

Debt Office Opens FGN Savings Bond for Subscription The Debt Management Office (DMO) has opened the Federal Government of Nigeria Savings Bond (FGNSB) offer for September 2026. According to a notice posted by DMO, the authority is offering a 2-Year FGN Savings Bond due on Sept 16, 2028, at a spot rate of 14.12% per annum. Also, a 3-Year FGN Savings Bond due on Sept 16, 2029, at an interest rate of 15.12% per annum will be offered to successful investors. The offer is open and closes on September 11, 2026, with settlement on September 16, 2026. First interest payment…

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NCS on Track to Achieve N11trn Annual Revenue Target – Oyedele

News

NCS on Track to Achieve N11trn Annual Revenue Target – Oyedele The Nigeria Customs Service (NCS) is on track to achieve its N11 trillion annual target, according to the Minister of Finance and Coordinating Minister of the Economy, Prof. Taiwo Oyedele, Oyedele attributes the feat to aggressive automation, intelligence-led reforms, and improved cargo processing strategies under Comptroller-General(C-G) Bashir Adeniyi. He shared his view during his inaugural board meeting and facility tour at the NCS headquarters in Abuja. This is contained in a statement issued by the NCS’s Spokesperson, Abdullahi Maiwada, on Sunday in Abuja. Oyedele commended the NCS for its…

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