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.

NGX Falls as Investors Dump Financial, Industrial Stocks The equities segment of the Nigerian Exchange, NGX, sheds weight on Monday as investors continue profit-taking activities in the local bourse – after about N479 billion loss sustained last week. Investors weak buying sentiment knocked off N16 billion from the equities market amidst election uncertainties. Stockbrokers told MarketForces Africa that bank crisis in the United States sent negative signals to global markets and investors appear to be in a cautious mood. Then, local investors have started to rebalance their portfolios as the earnings season temperature begins to cool down. Market data shows…

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