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.

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…

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MPC Likely to Reduce Lending Rate by 50 Basis Points– Uwaleke A financial expert, Prof. Uche Uwaleke, says the Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) is likely to reduce the Monetary Policy Rate (MPR) in its next meeting. Uwaleke, the Director of the Institute of Capital Market Studies, is also the President of the Capital Market Academics of Nigeria. He spoke in an interview with the News Agency of Nigeria (NAN) on Monday in Abuja, against the backdrop of the 307th meeting of the MPC scheduled for Monday and Tuesday. The MPC had retained the…

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