- 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.
Nigerian deposit money banks (DMBs) placements at the Central Bank of Nigeria (CBN) Standing deposit Facility (SDF) window edged higher on midweek as the authority slowdown aggressive liquidity management action.
FirstHoldco Plc’s share price has fallen about 21% from its recent all-time high…
GCR Ratings has affirmed Premium Trust Bank Limited’s national long- and short-term issuer ratings of A-
Nigerian US dollar bond yields climbed by six basis points (6bps) to 7.48% as the Eurobond market remained bearish, though some recently repriced papers saw selective demand.
XRP gained about 4% in 24 hours to $1.34 on Wednesday, outperforming a broader market
Ripple (XRP) price rose 2.38% to $1.33 on Tuesday, outperforming a broadly positive crypto market…
Pi Network price dropped 0.95% to $0.0774 on Tuesday, slightly outperforming the broader crypto market
SK Hynix Tokenised bStocks (SKHYB) price declined by 4.20% in 24 hours to $135.99 on Tuesday
The yields on Nigerian Treasury bills declined in the secondary market as improved macroeconomic indicators boosted appetite for the naira asset.
Oil prices surged on Tuesday with international benchmark Brent crude hovering near $110 a barrel as Houthi forces claim fresh attacks on Saudi facilities.
Subscribe to Updates
Subscribe to updates from MarketForces Africa, an independent financial news service provider.
