- Oil Prices Correction Extends as US-Iran Sign Interim Deal
- South African Rand Dips on Weak Macro Indicators, US Fed Tone
- Wall Street Dips, European Stocks Rally as U.S Fed Keeps Rates
- NNPC, TotalEnergies Renew Decarbonisation Agreement
- Jito Price Slumps 10% Ahead of JTX Platform Launch
- XRP Price Drops by 4.4% on U.S. Fed Hawkish Tone
- Naira Falls to N1,360 as Interbank FX Turnover Dips by 57%
- FirstHoldco, Access, Drown NGX Index, Investors Lose N758bn
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 National Drug Law Enforcement Agency (NDLEA) has seized 5, 653,000 pills of tramadol 250mg and exol-5
Gov. Otti Inaugurates Abia Global Economic Advisory Council Gov. Alex Otti of Abia has inaugurated the Abia Global Economic Advisory Council, with a charge to evolve initiatives that are focused on identifying, capitalising and showcasing the state’s area of comparative advantage. Speaking on Thursday during the event at the Government House, Umuahia, Otti said that the calibre of individuals that make up the council speaks to the state’s vision. The Governor added that this development had sent a strong signal to potential investors that “Abia is poised to become the next big thing”. Otti said that the government was desirous…
Lassa Fever: NCDC Activates Emergency Operations The Nigeria Centre for Disease Control and Prevention (NCDC) has activated its emergency operation centres in response to a surge in Lassa fever cases. The centre’s Director-General, Dr Ifedayo Adetifa, in a statement on Thursday, revealed an escalation in confirmed cases, fatalities, and geographic spread of the disease from 2023 to 2024. He stated that “the latest situation report shows that total confirmed cases increased from 29 in 2023 to 53 in 2024. “The case fatality rate range covering six states in 2023 and nine states in 2024, is now in 25 local government…
Nigeria’s Non-Oil Export Stood at 6.685m Metric Tonnes in 2023- NEPC Nigerian Export Promotion Council (NEPC) says the volume of Nigeria’s non-oil export in 2023 stood at 6.685 million metric tonnes of exportable products. The Executive-Director/Chief Executive Officer (CEO) of NEPC, Nonye Ayeni, said this on Thursday, in Abuja, during the presentation of the non-oil export performance for the year 2023. Ayeni said this continued increase in volume of the nation’s non-oil export, reaffirms the widely held assertion that the sector held the key to the revitalisation of the country’s economy. “An increase in the volume and value of exportable…
Patricia Technologies Announces Plan to Repay Customers After a corporate existence-threatening breach, Patricia Technologies Limited has given a new timeline of two to five years to pay back its customers. The pledge comes eight months after being denied access to their funds, Patricia’s customers might have to wait up to five years before receiving any form of repayment. In an email sent to customers, the company said its repayment plan will take a minimum of two years and a maximum of five. This is while some customers say they’ve not been able to get access to their money for over…
Nigerian Communications Commission (NCC) has suspended the phased disconnection of Globacom from MTN network for a period of 21 days.
The Nigerian naira somersaulted and depreciated across the foreign exchange markets as the level …
There was an increase in US dollar flows from foreign portfolio investors into the market following the Central Bank of Nigeria’s
Ibadan Explosion: 15 Rescued as Operations Continue No fewer than 15 people have been removed from under the rubble during the ongoing rescue operations at the scene of Tuesday’s explosion at Bodija area of Ibadan. The Branch Secretary, Nigerian Red Cross, Oyo State branch, Mr Olaleye Ojo, stated this in an interview with the News Agency of Nigeria (NAN) in Ibadan on Wednesday. He noted that the operation was jointly carried out by various agencies, including Red Cross, NEMA, SEMA and security agencies. Ojo said that rescue operation commenced in the early hours of Wednesday. According to him, they official…
Trading activities in the secondary market for Nigerian Treasury bills have slowed down for most of the week
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