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.

AXIAN, AfDB Launch Digital Finance Programme to Support Women-led Businesses in Africa

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AXIAN, AfDB Launch Digital Finance Programme to Support Women-led Businesses in Africa AXIAN Group and the African Development Bank (AfDB) have launched a major women’s financial inclusion programme to expand access to finance and business support for more than 34,000 women-led enterprises in five African countries. Supported through the African Development Bank’s Affirmative Finance Action for Women in Africa (AFAWA) initiative and the Women Entrepreneurs Finance Initiative (We-Fi), the programme aims to address one of the biggest constraints facing women-owned businesses in Africa – limited access to finance. Africa has the highest rate of female entrepreneurship worldwide, yet women entrepreneurs…

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UACN – Equity Analysts Upgrade Target Price, Set 39 Upside

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UACN – Equity Analysts Upgrade Target Price, Set 39 Upside Equities analysts at CardinalStone Securities Limited have raised UAC of Nigeria Plc’s target price to N246.65, translating to about 39% upside potential. Equity analysts at CardinalStone Securities said the revised target price reflects the firm’s updated earnings expectations, ongoing deleveraging and improved working capital efficiency. “It also incorporates a downward revision to our equity risk premium to 12.2% from 12.6% previously and risk-free rate to 17.0% from 16.4%, alongside the adoption of forward MEA peer median multiples”. With N540 billion in market capitalisation, UACN maintains a strong position in the…

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