- 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.
NVIDIA Tokenised bStocks (NVDAB) price climbed further, up 1.10% to $230.47 …
The Nigerian Exchange (NGX) lost about N426 billion on Wednesday, as key indicators closed bearish for the second consecutive session.
NVIDIA Tokenized Stock Climbs, Robinhood Unveils Automated Trading NVIDIA Tokenized Stock (Robinhood) climbed about 1% in 24 hours to $230.53, slightly outperforming a flat broader crypto market. The move appears primarily driven by a supply constraint on the Robinhood Chain, where meme coin projects are locking the tokenized stock, reducing its circulating supply. It is also supported by optimism from Robinhood’s automated AI agent trading launch, which the crypto community considered an added advantage to drive the next buying interest. Robinhood unveiled AI agents for automated trading on September 30. While this news directly concerns the brokerage platform, it fosters…
Ethereum Price Drops as Buying Momentum Eases Ethereum is down 1.26% to $2,694.64 in 24 hours, underperforming a slightly weaker broader market, primarily driven by a break in its spot ETF inflow streak. This shift in institutional demand coincided with a cascade of long liquidations, amplifying the downward pressure. Spot ETF inflows reversed to outflows, ending a 7-day streak of positive institutional demand. U.S. spot Ethereum ETFs recorded a net outflow of $2.81 million on September 29, ending a seven-session inflow streak. BlackRock’s ETHA saw an $8.94 million outflow, signalling a pause in institutional buying momentum that had supported the…
Why US Investors Are Backing Morocco’s Banking Sector How Morocco’s Stable Banking Sector Is Attracting More US Financial Interest While many emerging markets grapple with fiscal volatility, Morocco is quietly strengthening its position as Africa’s premier financial gateway. Against the backdrop of its “structural prudence,” Morocco’s banking sector has evolved into a sophisticated growth engine, currently the most stable on the continent. This is no accident; the central bank, Bank Al-Maghrib (BAM), has led a decade-long “quiet revolution” that has kept the economy stable in 2026 despite global inflationary pressures Morocco’s Financial “Quiet Revolution” Since 2015, Morocco’s banking sector has…
Cardano (ADA) price is down 1.48% to $0.247 in 24h, underperforming a slightly negative broader market
OpenAI has reportedly shelved plans for a 2026 initial public offering (IPO) but is seeking to raise at least $30 billion
Global Markets Mixed as U.S. Treasury Yields Dampen Risk Appetite Global markets swing- The Wall Street, and European equities performance closed on mixed as sentiment tightened after US Treasury yields reached multi-year high. Elevated US Treasury yields remained the dominant restraint on risk appetite, with the 30-year yield touching levels last seen in 2002 and the 10-year reaching fresh 2007 highs. Against this backdrop, the S&P 500 closed 0.17% lower and the Dow Jones fell 0.26%, while the NASDAQ ended the session down 0.09% with investors now awaiting the release of GDP and PCE data. Europe was more resilient as…
Ripple (XRP) price hovered at $1.50 on Wednesday, dipped slightly by 0.5% over 24 hours, underperforming a flat broader
The Nigerian naira closed firmer against the US dollar (USD) at the foreign exchange market on Tuesday, reflecting improved liquidity conditions in the official window.