- ADA Dips as Market Shifts, Cardano Foundation Takes Over Token2049
- Oil Prices Decline Amidst Imbalanced Global Demand, Supply
- Rand Firmer on Improved Investors’ Appetite for EM Currencies
- Bullish T-Bills Run Ahead as CBN Rejects Bids, Prices 1-Year Bill at 17.66%
- FG Boosts Global Authentication of Nigerian Passports
- Jack-Rich, Eric Trump Advocate Closer U.S.-Nigeria Ties
- Nigeria’s Economy on Steady Growth, Tinubu Tells Deloitte Africa
- Federal Govt. Unveils $500m Niger Delta Agric Investment Fund
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 Gross Domestic Product (GDP) rate in real terms grew by 3.89 per cent in the first quarter of 2026 on a year-on-year basis, the National Bureau of Statistics (NBS) says in a report.
Bitcoin (BTC) price increased by more than 1% over the past 24 hours to $77,080.93, slightly outperforming a broadly flat market, primarily driven by a repricing of geopolitical risk.
Hyperliquid (HYPEUSD) gained 6.34% to $62.47, significantly outperforming a flat broader market, primarily driven by its massive, protocol-enforced buyback program.
Ethereum (ETH) gained 4.5% in 24 hours to $2,117.45, outperforming a broader market rebound, driven by a macro-driven relief rally and technical support holding at a critical level.
The National Average Cost of a Healthy Diet (CoHD) per adult per day stood at N1,513 as of February, the National Bureau of Statistics (NBS) has said.
Ripple (XRP) price declined 4% to $1.30 over the past 24h, closely tracking a broader market sell-off led by Bitcoin. Trading volume is up 21% to $2 billion amidst market-wide sell pressure.
The equities market closed on a positive note on Friday, with the Nigerian Exchange (NGX) All-Share Index (ASI) gaining 0.22% to settle at 249,712.37 points.
The blockbuster IPOs expected imminently from SpaceX, OpenAI and Anthropic could weaken the grip the Magnificent Seven — Apple, Microsoft, Nvidia, Amazon, Meta, Alphabet, and Tesla — have held over Wall Street for years, says Nigel Green, CEO of global financial advisory deVere Group.
Ripple (XRP) bottomed out amid sell-offs, with the price falling to $1.35 on Friday, closely tracking a broader market decline primarily driven by macro headwinds pressuring risk assets.
South African rand (ZAR) trades soft against the US dollar, Euro, and British pound on Friday as the gold rally eases amid US-Iran peace deal negotiations.