- 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.
Nigeria’s government has fined cryptocurrency trading platform Binance $10 billion following its illegal dealing in the currency, the naira. This was confirmed
Airtel Africa has commenced a share buy-back programme as the company seeks to reduce its share capital in 2024, according to a regulatory filing submitted to
MTN Nigeria Communications Plc posted a huge loss as a result of its large foreign currency exposure, details from its audited financial statement submitted to
Lafarge Africa grew revenue by 8.6% year on year to N405.50 billion in 2023 from N373.25 billion in financial year 2022. The company’s cement sales increased
Seplat Energy Plc on Thursday proposed a final and special dividend rate of three cents per ordinary share of 50k each, respectively, for its shareholders,
At a time of renewed geopolitical interest in Africa, and an increasing questioning of traditional development finance models, Harvard Business School today
African Development Bank (AfDB) Group, has approved a 150 million dollar Trade Finance Unfunded Risk Participation Agreement (RPA) facility to boost trade
FG to Commence Distribution of 42,000mt of Grains in Niger Federal Government says it will commence the distribution of the 42,000 metric tonnes of grains approved by President Bola Tinubu to vulnerable Nigerians next week in Niger. Gov.Mohammed Bago of Niger disclosed this on Thursday in Abuja, when he visited the Minister of Agriculture and Food Security, Sen. Abubakar Kyari on Thursday in Abuja. He said that Niger would be used as a pilot State for the North Central for the distribution of the grains. Bago said that the grains would be delivered as soon as possible without waste of time. “We…
Nigeria has imposed a mandatory annual levy for organisations employing expatriate workers, requiring them to pay $15,000 for a director and $10,000 for other
The Organisation of the Petroleum Exporting Countries (OPEC) says the oil industry will require about 14 trillion dollars in investment from now to 2045, to meet
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