- 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.
Ethereum Tops $2.74K as Binance ETH Withdrawal Hits 3Y High Ethereum is up 1.52% to $2,740.16 in 24h, closely tracking a broader market rally driven by a Bitcoin-led short squeeze and record inflows into institutional ETFs. With a $21.64 billion transaction value in 24 hours, ETH trading volume rose about 28% as institutional capital continues to rotate into top digital assets. The move was ignited by Bitcoin, which surged past $85,000. This breakout triggered a massive wave of short liquidations—over $648 million across the market in 24 hours, including $157.97 million in Ethereum shorts. Driving the momentum, U.S. spot Bitcoin…
Ripple XRP topped $1.52 on Tuesday after gaining about 5.5%, outperforming a strong broader market
The money market rates remained steady despite more than a 39% increase in banking system
Bitcoin (BTC) rose about 8% to $87.2k on Monday, leading a broad market rally…
The Nigerian naira posted gains against the U.S. dollar across both the informal and official foreign exchange
The Nigerian Exchange (NGX) market capitalisation swelled by more than N228 billion
Cardano (ADA) price inched higher by 6.93% in 24 hours to $0.243 on Monday …
Meta Tokenised bStocks (METAB) price rose by 10.23% in 24 hours to $739.62 on Monday
The Nigerian Immigration Service (NIS) has undertaken targeted Passport Intervention Exercises
Nigeria’s $300mln DRE Fund Hits Commercial Milestone The Nigeria Distributed Renewable Energy (DRE) Fund, a $300 million investment vehicle, has reached a commercial milestone, signalling the commencement of active capital deployment to scale renewable energy solutions across Nigeria. The Nigeria Sovereign Investment Authority (NSIA), Africa50 and Sustainable Energy for All (SEforALL) unveiled the fund on the sidelines of the United Nations General Assembly. This is contained in a statement by Joyce Onyegbula, Head , Corporate Communications, NSIA, in Abuja on Monday. According to Onyegbula, the fund is designed to support Nigeria’s efforts to expand access to reliable, affordable, and sustainable…