- Central Bank Reduces Interest Rate to 23%
- Nigerian Exchange Gains N297bn as Banking Index Drives Momentum
- Pi Network Climbs on Onboarding Progress, Protocol Upgrade
- Nearly 60% of US Adults Can’t Cover a $1K Emergency Expense – Report
- CBN Cuts Interest Rate by 3.50% as Monetary Easing Begins
- NVIDIA Tokenised bStocks Rises on Holders’ 5x Leverage Boosts Bets
- Chief Economists Expect Global Economy to Stabilise
- Ethereum Tops $2.74K as Binance ETH Withdrawal Hits 3Y High
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.
Bitcoin (BTC) price rose by 6.27% in the last 24 hours to $72,508, leading a broad market rally, driven primarily by a major macro liquidity signal from the US Treasury and optimism surrounding Citigroup’s venture into BTC custody services.
Alphabet Tokenised bStock Rises Amidst Crypto Market Rally Alphabet Tokenised bStocks (GOOGLB) price is up 0.53% to $344.43, a modest gain that significantly underperformed a surging broader crypto market. The move appears to be driven primarily by renewed institutional and regulatory discussion around the tokenised-stocks sector, rather than by a coin-specific catalyst. Supporting the price movement, Robinhood CEO Vlad Tenev urged U.S. regulators to approve tokenised stocks, describing a global “tokenisation super cycle”. Simultaneously, Bitwise CIO Matt Hougan predicted blockchain transaction growth of 10–100x as AI and tokenisation converge. This narrative likely provided a supportive backdrop for tokenised assets like…
Esso Exploration and Production Nigeria (Offshore East) Limited, operator of the Usan field located in Oil Mining Lease (OML) 138, today announced the arrival of the Noble Gerry de Souza in Nigerian waters.
Crude oil prices edged higher on Thursday as ongoing uncertainty over the Strait of Hormuz and a sharp decline in US strategic petroleum reserves raised concerns about global oil supply.
SK Hynix Tokenised bStock (SKHYB) is down 0.58% to $163.44, underperforming a surging crypto market
XRP is up 9.8% to $1.10 on Thursday, outperforming a broad market rally primarily driven by a macro
Bitcoin Gains 8% on U.S. Treasury Policy, Crypto Rulebook Bitcoin is up 8.14% to $69,821, leading a broad market rally, driven primarily by a powerful combination of positive U.S. regulatory news and a major macro liquidity injection. The US SEC proposed its first comprehensive crypto rulebook and the U.S. Treasury announced it would double long-term bond buybacks to $4 billion, boosting liquidity and risk appetite. Two simultaneous U.S. policy moves ignited the rally. The SEC’s proposed rule aims to simplify crypto fundraising, while the Treasury’s bond buyback expansion is seen as an indirect form of yield curve control, thereby improving…
Ethereum (ETHUSD) is up about 19.8% to $2,291 on Wednesday, significantly outperforming a broad market rally, primarily driven by a macro liquidity injection that triggered a historic short squeeze.
Bargain hunting in top cryptocurrencies drove a 6% surge in global market capitalisation as US yields moderated, shifting attention to digital assets.
US Treasury Double Down Bond Buyback to $4bn US Treasury on Wednesday said it will increase the size of its government debt repurchases from $2 billion to $4 billion, sending yields sharply lower amid substantial market stress. With fixed-income markets under pressure and yields surging to levels not seen in nearly 20 years, the announcement targets the sensitive, longer-duration part of the Treasury market. The buybacks will be doubled down across the 10yr to 20yr and 20yr to 30yr maturity ranges. In reaction, the yield on the 30-year Treasury bond fell as much as 0.1 percentage point following the announcement,…