- NGX to Introduce Volume-Based Price Rules in Major Market Reform
- FX Spread Surges as Naira Depreciates Across FX Markets
- U.S. Consumer Momentum Slows as Inflation Squeezes Incomes
- Burundi Economy Improves, Inflation Sinks to 8.6% from 45% – IMF
- United Nations Urges Africa to Boost Domestic Funding
- US Dollar Hits 1-Year High on US Fed Hawkish Rates Bets
- Nigerian Exchange Sheds N2.18trn as Dangote Companies Dip
- XRP Price Dips 6.2% on U.S. Federal Reserve Rates Hike Bets
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.
Stanbic IBTC, a leading financial service provider in Nigeria and a member of the Standard Bank Group, took a step towards enhancing education and fostering
The Central Bank of Nigeria (CBN) slashed interest rates on Treasury bills during a midweek primary market auction (PMA) amidst high subscription levels from
The Women in the Digital Economy Fund (WiDEF), a five-year $60.5 million investment to accelerate progress on closing the global gender digital divide,
The Organisation of Petroleum Exporting Countries (OPEC) left demand forecast unchanged as crude oil production increased by a total of 203,000 barrels per day
Equities investors on the Nigerian Exchange are currently selling off their interest in Unity Bank Plc after the lender announced it expects to post a huge loss
The average yield on Nigerian Treasury bills decreased somewhat ahead of February 2024 inflation data. In the fixed-income market, yields remained elevated
A group of academicians have emphasised the need for Nigeria to join BRICS, an economic bloc comprising Brazil, Russia, India, China and South Africa for
Exchange rates converged around N1603 per US dollar at official and parallel markets.
The Federal Capital Territory Administration (FCTA) disbursed N4.43 billion to the six area councils of FCT, pension scheme
The Federal Government is set to increase electricity megawatts from 4000 to 6000 within the next three to six months to improve power supply.