- Global Equities Markets Open Bearish over Fed Hawkish Tone
- Moody’s Changes Nigeria’s Credit Rating Outlook to Positive
- Investors Trim Nigerian Bond Holdings Over Shrinking Rates
- Money Market Liquidity Tightens as CBN Steps Up OMO Actions
- XRP Falls as Ripple Prime Opens Wall Street Swap Desk
- Cardano Price Falls to $0.20 on Altcoin Sell Pressure
- Fitch Affirms France at ‘A+’ with Stable Outlook
- MTN Nigeria Dips Ahead of Scheduled Dividend Payments
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.
XRP price races ahead to $1.15 on Wednesday as the market prices in optimism from RippleX’s projection of 100 million agentic transactions on the XRP Ledger.
Bitcoin (BTCUSD) is down 0.80% to $66,060.06 in the past 24 hours, slightly underperforming a flat broader market. …
Ripple XRP price is little changed at $1.14 on Wednesday despite S&P Global’s decision to exclude Bitcoin and the token from its crypto index due to revenue criteria.
Oil prices surged nearly 5% Wednesday, with Brent crude topping $95 a barrel, as escalating US-Iran tensions
South African Rand Firms Up Slightly Ahead of Rate Decision The South African rand (ZAR) firmed up slightly against the US dollar, the euro, and the British pound on Wednesday ahead of the Reserve Bank (SARB) interest rate decision. With the threat of a global inflation surge, the market anticipates a hawkish stance to continue, and some analysts do not rule out a hold decision amid unstable US-Iran negotiations. The rand is trading marginally firmer as expectations of a cautious South African Reserve Bank monetary policy committee (MPC) meeting continue to provide support for the currency. In a brief, First…
Ripple XRP spot exchange-traded fund (ETF) recorded a single-day net inflow of $2.4909 million, signalling a return of institutional investors in the crypto market.
The Nigerian Exchange (NGX) market capitalisation topped N159 trillion on Tuesday….
South African Rand Firmer as Risk Sentiment Improves The South African Rand (ZAR) is trading firmer on Tuesday as global risk sentiment improves despite growing inflation and concerns about interest rate surges. A breather in the global commodity market is a relief as investors price in a renewed US-Iran plan towards nuclear negotiations. In a brief released on Tuesday, First National Bank (FNB) said the rand is trading slightly firmer, citing hopes of a temporary ceasefire between the US and Iran. The fresh ceasefire arrangement has improved risk sentiment, supporting demand for emerging-market currencies. The rand is changing hands at…
US, European Markets Rebound on AI Momentum US and European markets rebounded despite geopolitical tension, driven by renewed investor sentiment in technology and AI stocks. A broad-based rebound in semiconductor stocks drove the dominant overnight theme as investors returned to beaten-down chip names following last week’s sharp AI-driven selloff, First National Bank said in its morning brief. In the US on Monday, the Federal Reserve (Fed) backdrop remained steady, but Middle East tensions and caution ahead of major technology earnings weighed on sentiment. The S&P 500 slipped 0.19%, the Nasdaq Composite ended barely changed, and the Dow Jones Industrial Average…
Bitcoin Hits $66k, Races Towards Predicted Price on ETF Inflows Bitcoin (BTC) price rose to $66k on Tuesday, outperforming a broadly rising market, driven primarily by renewed institutional exchange-traded fund (ETF) demand as macro fears ease. A technical signal indicates BTC could climb to $68k or fall back below $64k amidst a significant surge in trading volume over the last 24 hours. Data from crypto exchanges showed Bitcoin trading volume surged by 67% to $31.16 billion as analysts predicted momentum to build on sustained institutional positioning. Market reports revealed that spot Bitcoin ETF inflows extended to a fifth consecutive day,…