- ETC- Ethereum Classic Gains 6% on Listing Speculation
- Bitcoin Climbs, JP Morgan Says BTC Trades Below Mining Costs
- Equities Investors Lose N939bn as Banking Index Tumbles
- Industrial Court to Hear Suit Against Premium Pension Limited
- GCR Upgrades Rand Merchant Bank Nigeria Rating to AA
- AI Future Depends on Resilient Telecom Infrastructure – Adebayo
- Emerging Market Sovereigns’ Use of Total Return Swaps Raises Risks
- XRP Price Declines to $1.12 on Forced Liquidations, US Fed Tone
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.
Some football fans have applauded Nigeria’s sensational striker, Victor Osimhen securing a move to Galatasaray Football club in Turkey.
President Bola Tinubu says the Forum on China-Africa Cooperation (FOCAC) has been instrumental to the flourishing economic partnership and trade between Africa
The crude oil market remained in the grip of bearish investors as demand concerns overshadow efforts by the Organization of the Petroleum Exporting Countries to
Nigeria’s Eurobond Yield Rises to 10% as Selloffs Persist Nigeria’s US dollar bond or Eurobond yield climbed above 10% due to the latest selling rally in the international capital market. Investors sold down their interest ahead of the US Fed rate cut this month. The risk off sentiment was seen across the short, belly, and long end of the curve. Nigeria is still suffering an acute FX shortage, which has plunged the value of the local currency to an all time high. Benchmark U.S. government bond yields were hovering near a 14-month low on Thursday as traders awaited jobs data…
The Crude Oil Refinery-owners Association of Nigeria (CORAN) says the commencement of production of Premium Motor Spirit (PMS) by Dangote Refinery has
The Minority Caucus of the House of Representatives has condemned the recent increase in the price of petrol by the Nigerian National Petroleum Corporation
Benchmark Yield on Nigerian Bond Declines to 18.75% The average yield on the Federal Government of Nigeria (FGN) bond shed two basis points again in the secondary market. The yield contrasted as investors continued to ramp up naira assets in the secondary market. The buying momentum in the local bond market happened as investors expected the authority to tighten supply at the primary market. A decline in headline inflation also boosted increased demand for bonds in the market. The latest disinflation experience has effectively reduced negative interest yield or real return earned by fixed interest securities investors in the debt…
The Abuja Chamber of Commerce and Industry (ACCI) is collaborating with the African Export-Import Bank (Afrexim Bank) to foster agricultural innovation
Two-time runners-up, Nigeria’s under-20 women football team, the Falconets, on Thursday lost 1-3 to Germany in their second Group D match at the ongoing
Money Market Rates Jump as Liquidity Pressure Deepens Interbank rates skyrocketed in the money market as liquidity conditions failed to improve due to the absence of significant inflows from key sources. The market saw the liquidity balance in the financial system dropping to a negative level owing to funding pressures at the Central Bank of Nigeria’s (CBN) Standing Lending Facility (SLF) window. Banks pitched their tent at the CBN borrowing window after the apex bank lifted suspension on the facility to allow authorised dealer banks to access funds at about 32%. Analysts said higher rates often reflect on banks borrowing…