- 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.
Elevated oil prices and multi-decade-high U.S. Treasury yields are setting a cautious tone, as Middle East
NVIDIA Tokenised bStocks Dips on Negative Macro Sentiment NVIDIA Tokenised bStocks (NVDAB) price declined by 0.46% to $223.71, a modest decline that significantly outperformed a falling broader crypto market. The move appears to be driven primarily by negative macro sentiment affecting the entire asset class, with no clear coin-specific negative catalyst evident in the provided data. The total crypto market cap fell 2.2% in 24h, with Bitcoin down 2.33%. This was fuelled by hawkish Federal Reserve commentary linking AI investment to persistent inflation and a global bond sell-off that pushed yields higher. NVDAB’s smaller decline suggests it acted as a…
The average yield on Nigerian Treasury bills declined by 90 basis points (bps) in the secondary market as investors increased bets on naira assets, prompting sharp repricing.
SpaceX Tokenized bStocks (SPCXB) price rose 0.70% to $149.54, slightly outperforming a flat broader market,
Gov. Abba Kabir Yusuf of Kano State has appealed for sustained support from the North
I Understand Lagos Thoroughly, Best Candidate For 2027 -Hamzat The All Progressives Congress (APC) governorship candidate for Lagos State in 2027, Dr Kadri Hamzat, says he is the best candidate. Hamzat, the current Deputy Governor of Lagos, said this was due to his understanding of the state’s history and politics. He spoke on Sunday at the 70th Harvest Anniversary and Thanksgiving Service of Cherubim and Seraphim Society, Olorunsogo Parish, Ese-Ofin, Lagos. According to him, anyone who does not understand the history and politics of a state would find it difficult to govern effectively. “I know the people that have ruled…
Iranian President Blames US For Strait Of Hormuz Closure Iranian President Masoud Pezeshkian has blamed the United States for the ongoing closure of the Strait of Hormuz, saying Washington must decide whether to end the standoff. In interviews with international broadcasters on Thursday and Friday, September 25-26, Pezeshkian defended Iran’s decision to restrict access to the waterway for what he described as hostile countries, and accused the US and Israel of being responsible for insecurity in the strait. The Iranian leader said Tehran is ready to reopen the strait within seven days if the United States accepts its proposal, which…
South African rand fell against the crosses and other Western currencies after the Reserve Bank hiked the repo rate by 25 basis points to anchor inflation and align with the US Fed’s rate hike.
Ripple XRP price inched up 2.02% in 24 hours to $1.53 on Friday, outperforming a flat Bitcoin
Bitcoin (BTC) price hovered around $84k on Friday amid the latest buying spree by Morgan Stanley, following BTC’s sharp price rally.