Author: Julius Alagbe
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.
Ripple (XRP) price declined by 3.49% to $1.31 over the past 24 hours, amidst a surge in trading volume on Tuesday. With the broader market moving lower, XRP underperforms amid macro-driven risk aversion and a lack of immediate bullish catalysts.
The Nigerian Exchange (NGX) All-Share Index (ASI) declined at the start of the trading session amid investor portfolio rebalancing ahead of Q1’s close.
Zenith Bank, Ford Foundation Honour Unsung ‘Sheroes’ with Inaugural Woman of Power Award On Saturday, March 28 2026, Zenith Bank held the climax of its month-long activities to commemorate March as Women’s Month. The event, which was held at The Civic Centre, was the second of its kind at the Centre, following the International Women’s Day Seminar on the 9th of March, 2026. The event was to honour and award exceptional women who have shown resilience in their communities and whose vocation has impacted lives sustainably. Speakers eulogised Zenith Bank for its people-centred activities and appreciated the Ford Foundation for…
The Debt Management Office (DMO) is scheduled to conduct its monthly Federal Government Bond auction today with three reopening instruments worth N750 billion.
Markets Underpricing Oil Shock Risk -CEO Investors continue to frame oil surging as a geopolitical spike rather than the beginning of a structural shift in energy risk, warns the CEO of one of the world’s largest independent financial advisory organisations. The warning from deVere Group’s Nigel Green comes as Brent crude climbs to around $115 a barrel—up nearly 60% in March alone, the steepest monthly rise since the Gulf War—while global equities fall sharply and supply routes through the Middle East face unprecedented disruption. He says: “Brent at $115 is being treated as a spike. The data tells a different…
XRP is seeing an early rally, with a 2% uptick to $1.36 on Monday, as the market reacts to Brad Garlinghouse, Ripple’s Chief Executive Officer, CEO’s recent bullish remarks. Its trading volume spiked 57% to $1.6 billion, reflecting renewed buying interest after sell pressures last week.
Stable FX, High Yields, Disinflation Drive Capital Inflows – Analysts Nigeria’s exchange rate (FX) stability, elevated yields on fixed-income securities, and sustained disinflation have continued to fuel the country’s short-term capital inflows. The local currency exchange rate versus the dollar has become more stable under Olayemi Cardoso-led Central Bank of Nigeria (CBN) reforms, with persistent policy rate tightening taming headline inflation. The inflation rate has declined sharply, as reflected in the statistics office’s consumer price index, supported by significant exchange rate improvements. Robust foreign reserves and adequate dollar supply have put Nigeria’s economic reform on the global map, resulting in…
The average yield on Nigerian Treasury bills declined to 17.76% in the secondary market as investors stepped up bargain hunting on the naira asset.
Defection: NNPP not joining Kwankwaso to ADC – Founder The Founder of the New Nigeria Peoples Party (NNPP) Dr Boniface Aniebonam, says members of the party are not part of Sen. Rabiu Kwankwaso’s planned defection to the African Democratic Congress (ADC). Aniebonam made this known in a statement on Sunday in Lagos. Kwankwaso in a statement on Sunday, formally announced his resignation from the NNPP with immediate effect. He said: “I seize this opportunity to express my profound gratitude for the honour and privilege of serving as the NNPP 2023 presidential candidate. “As a committed and bonafide member of the…
CAPPA Urges FG to Increase Tobacco Control Budget The Corporate Accountability and Public Participation Africa (CAPPA) has renewed its call on the Federal Government to significantly increase budgetary allocation for tobacco control. CAPPA’s Executive Director, Akinbode Oluwafemi, made the call in a statement signed by Robert Egbe, Media and Communications Officer, CAPPA, on Sunday in Abuja. Oluwafemi said that Nigeria’s current budgetary allocation remained grossly inadequate to address the growing public health threat posed by tobacco and emerging nicotine products. He urged the government to raise the annual tobacco control allocation to at least N300 million and ensure sustained increases…