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.

MTN Signs Deal to Sell Fintech Unit to Mastercard MTN Group has signed a memorandum of understanding with Mastercard for a minority stake in the Group Fintech based on an enterprise valuation of $5.2 billion, a development associated with tough economic conditions, and rising competition across its major markets. In its recently published financial scorecard, the telco company’s earnings slipped. The South Africa-based telecommunications group said Monday it generated a pretax profit of 18.31 billion South African Rand ($966.2 million) compared with ZAR18.58 billion a year earlier. The telecom operator reported a profit after tax attributable to equity holders for…

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