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 Treasury Bill Yield Climbs to 22.6%

MarketNews

Nigerian Treasury Bill Yield Climbs to 22.6% The average yield on the Nigerian Treasury bill expanded by three (3) basis points (bps) to 22.6% in the secondary, fixed income analysts said in a note. Across the curve, Cordros Capital Limited said the average yield expanded at the mid (+14bps) segment. The yield expansion occurred due to selloffs of the 161-day to maturity (+79 bps). On the other hand, the yield declined at the short (-1bp) and long (-2bps) ends due to the demand for the 84-day to maturity (-1bp) and 322-day to maturity (-2bps) bills, respectively. Also, the average yield…

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Unity Bank, ANWBN Empower Women with AI, Digital Marketing Skills

News

Unity Bank, ANWBN Empower Women with AI, Digital Marketing Skills Unity Bank Plc has hosted a capacity-building workshop to support the Association of Nigerian Women in Business Network (ANWBN) in a move aimed at empowering women entrepreneurs with the necessary skills required to thrive in today’s digital economy. The initiative for the workshop stems from the growing advancement in technology and its impact on business hence the theme: “Empowering Women Entrepreneurs: AI and Digital Marketing Strategies,” which sought to equip women with practical knowledge on how to harness the power and take advantage of emerging technology. As a platform that…

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Oando Jumps by 451% in Q3-2024 on Successful Acquisition

Analysis

Oando Jumps by 451% in Q3-2024 on Successful Acquisition Investors’ attention has been drawn to Oando Energy Plc, one of Africa’s top providers of energy solutions, on account of the group’s acquisition taste, which began in 2014 with ConocoPhillips. In a latest rally, Oando Plc gained about 451% in the third quarter of 2024 due to investors’ healthy sentiment in the stock market, CardinalStone Securities Limited dropped the hint in a note. “On a quarter-on-quarter basis, the all-share index lost 1.50%…OANDO gained +450.67% and led the gainers’ list, the firm stated. Trading data showed that the indigenous oil company share…

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