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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 Bond Yield Falls Below 19% as Market Rallies The benchmark yield on the Federal Government of Nigeria (FGN) bond dipped below 19% in the secondary market due to increased demand by local investors following a better economic performance in the second quarter of the year. Data showed that Nigeria’s gross domestic profit rose by 3.19% at the same time when the nation experience first disinflation. Economic reform would put Nigeria on a map for growth, analysts said, noting that negative naira fluctuation remains the elephant in the room. Consumer price index has been projected, by market consensus, to decline…
Interbank rates rose significantly on Monday in the money marker as liquidity level in the financial system reduce sharply.
The Nigerian local currency, the naira, appreciated by 80 basis points against the US dollar in the foreign exchange (FX) market on Monday on the back of
The Yobe Government says it has spent N15 billion on procurement of farm inputs and machinery to enhance food security and economic growth.
The Central Bank of Nigeria (CBN) opened September 2024 with another open market operation where it offered investors N500 million worth of OMO bills.
Equities investors on the Nigerian Exchange (NGX) platform recorded more than N123 billion gain as UBA, ETranzact and Oando Plc topped gainers chart.
The Chinese government announced on Monday that it has signed 19 Memoranda of Understanding (MoUs) on South-South cooperation on climate change with
The Federal Government on Monday charged 10 #EndBadGovernance protesters with counts c bordering on treason before Justice Emeka Nwite of a Federal High Court,
The House of Representatives has commended President Bola Tinubu for approving a 50 per cent electricity subsidy for universities, hospitals, and other
Bitcoin (BTC-USD) climbed above $58,000 level on Monday, gaining 22 basis points due to the return of retail investors in the space.