- Monetary Policy Focused on Price Stability in 2025 – CBN
- Nigeria’s Domestic Economy Expanded by 3.87% in 2025 – CBN
- Federalism: NIIA Chief Advocates Power Rebalance In Nigeria
- GCR Assigns Odu’a Investment Company AA-/A1+Ratings
- NSITF Records 85% Contribution Target at Mid-Year
- Equities Investors Gain N71 billion in Nigerian Cold Market
- NAICOM Revokes Nigeria Reinsurance Licence
- FG Assures Public Servants of Wage Award Payment Before August 15
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.
Equities investors lost about N600 billion of their combined portfolio value as the NGX….
The global crude oil prices rose Tuesday on concerns that conflict could re-escalate in the Middle East despite ongoing peace talks.
XRP price inched higher on Tuesday, trading at approximately $1.08 ….
South African rand weakened against crosses in the forex market on Tuesday as global market dynamics continue to favour the dominant currency, the US dollar.
Bitcoin (BTC) moved sideways in line with global crypto market performance, holding the $63k price support level amidst the latest round of BTC selling by Strategy Inc.
Ethereum price hovered at $1,855, down by 2% due to a technical breakdown from key resistance levels amid persistent structural concerns.
The money market has been flooded with a significant surge in liquidity amidst the latest open market operation auction, where the Central Bank auctioned OMO bills worth N600 billion for subscription.
The Central Bank of Nigeria (CBN) allotted OMO bills with 141 days to maturity worth N2.523 trillion at the spot rate of 20.10% on Monday to banks and foreign portfolio investors (FPIs).
The naira rose against the US dollar at the Nigerian Foreign Exchange Market (NFEM) amidst a 132% surge in forex market turnover, reflecting increased trading activities at the official window.
Hyperliquid (HYPE) price rose 4.43% to $54.70, significantly outperforming Bitcoin’s +1.05% gain, primarily driven by strong protocol fundamentals and deflationary token burns.
Subscribe to Updates
Subscribe to updates from MarketForces Africa, an independent financial news service provider.
