- Naira Hovers Around N1,380 as Interbank FX Turnover Surges
- XRP Dives to $1.03 as Strobe Finance Shutdown Erodes Confidence
- Ethereum Price Slips 4% as Investors Liquidate Positions
- Bitcoin Price Slides to $59k as US Inflation Stokes Selloffs
- Only 20% of POS Operators Registered- CAC Chairman
- FG Finally Hands Over Enugu Airport to Concessionaires
- We’re Rebuilding Abuja, Building Trust, Restoring Hope in Governance – Tinubu
- FG Signs 2026 Performance Pact to Promote Investment, Trade Expansion
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.
The Nigerian Content Development and Monitoring Board (NCDMB) says ongoing reforms in the oil and gas sector are attracting billions of dollars in new investments and restoring investor confidence.
XRP gains slightly as Ondo Finance announced that it has successfully completed the first cross-border and interbank buyback of tokenised US Treasury bonds in collaboration with JPMorgan Chase’s Kinexys platform, Mastercard, and Ripple.
The naira rebounded in the Nigerian Foreign Exchange Market (NFEM), appreciating by a significant 67 basis points (bps) against the U.S. Dollar.
The Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) says its ongoing nationwide data verification exercise is aimed at ensuring accurate data for sharing revenue among states and local government areas (LGAs).
ABUJA: The Federal Government has approved a $500 million annual funding mechanism to transform Nigeria’s research and innovation ecosystem in line with international best practices.
The Nigerian Exchange (NGX) All-share index (ASI) recovered from sell pressures as Airtel Africa, Dangote Sugar Refinery, among others, drove momentum in the local bourse on Wednesday.
Crude oil prices plunged on Wednesday, with Brent crude falling by about 10% as reports of a potential agreement between the US and Iran raised expectations of easing geopolitical tensions.
Ripple’s XRP price just hit $1.45, outperforming a broadly rising crypto market, primarily driven by a beta-driven rally as Bitcoin surged.
Bitcoin (BTCUSD) topped $82K on Wednesday as the rally extended since last week’s pickup. The world’s largest digital asset gained, climbing to $82.165, as trading data from a crypto exchange was revealed.
DOGEUSD- Dogecoin Gains 4.2% on Sharp Volume Surge, Eyes $0.12 Dogecoin (DOGEUSD) gained 4.2% to $0.1160 on Wednesday, significantly outperforming a modestly rising broader market, primarily driven by major whale accumulation and a technical breakout. The coin’s rally is anchored by tangible whale buying and confirmed by strong volume and derivatives activity, setting a bullish near-term tone. Amid active capital rotation across crypto, Dogecoin recorded net inflows of approximately $7.8 million over 24 hours. This placed it among smaller tokens like Toncoin and Pepe that saw speculative demand, while larger alts like Ethereum and XRP saw outflows. Trading data showed…