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.

NGX Gains N306bn as Banking Stocks See Unusual Trade Volume

News

NGX Gains N306bn as Banking Stocks See Unusual Trade Volume The equities segment of the Nigerian Exchange (NGX) market capitalisation advanced further midweek following about N306 billion daily gain recorded by alpha seekers in the domestic bourse. A deep insight into the market showed there was a record of unusual trade volumes in banking names. This is coming as equities investors are taking position ahead of fourth quarter earnings season. Key market indicators grew by +0.78%, according to data from the local exchange. This lifted the year-to-date return above 40% level.  The market’s all-time high record was due to bargain…

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MeCure Jumps by 339% in 4-Week on ‘Plus Size’ Sentiment

Analysis

MeCure Jumps by 339% in 4-Week on ‘Plus Size’ Sentiment MeCure Industries Plc’s market value skyrocketed further amidst increased buying momentum for the newly listed company stock currently enjoying plus-size investors’ sentiment in the local bourse. The company’s share price gained 41% in the last five trading sessions to settle at N12.99, with a market valuation nearing N52 billion. Data from the Nigerian Exchange showed that the ticker opened the week at N9.21. Without necessarily driven by earnings performance, the market seems to be rerating the stock upward due to better investor sentiment. Of course, few stock traders are jostling…

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