- 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.
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XRP Jumps 6% as CFTC Submits Crypto Market Regulation Proposal Ripple XRP jumped by about 6% in 24 hours to $1.41, closely tracking a broader market rally primarily driven by renewed regulatory optimism. The move appears beta-driven, with XRP slightly outperforming Bitcoin’s 4% gain as sentiment improved following the CFTC’s submission of a crypto market structure framework. XRP’s rise aligns with a 3.71% gain in total crypto market cap. The key driver was the U.S. Commodity Futures Trading Commission (CFTC) submitting a proposed framework for crypto market regulation to the White House on September 17, 2026. This action, following the…
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Elevated Oil Prices Stoke Energy Crisis Fuel U.S Inflation Concerns Oil prices above $100 increase fuel costs and inflationary pressures in the US, while also giving energy prices greater weight in the country’s monetary policy and economic agenda. Rising tensions in the Strait of Hormuz, along with supply disruptions originating from Saudi Arabia, contributed to oil prices returning to triple-digit levels. After the US targeted five Iranian oil tankers, Iran’s Islamic Revolutionary Guard Corps (IRGC) said it attacked two US vessels and eight tankers in the Strait of Hormuz on Sept. 9. The attacks, along with strikes on energy facilities…
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