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.

Cardano Races Toward $0.20 Target Price on Protocol Upgrade Bets

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Cardano Races Toward $0.20 Target Price on Protocol Upgrade Bets Cardano (ADA) price hit $0.195, racing toward new resistance set at $0.20. ADA has sustained its latest uptrend with protocol upgrades supporting the momentum in the crypto market. On August 4, Cardano gained over 4%, significantly outperforming Bitcoin (+1%), Ethereum (+0.3%), and the broader cryptocurrency market cap uptick. The altcoin rally occurred against a backdrop of heightened geopolitical uncertainty, with conflicting U.S.-Iran statements over ceasefire talks and new shipping risks in the Strait of Hormuz. During the early trading session, the coin saw a mild pullback after a strong 20.7%…

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