- Market Alert: CBN to Auction N700bn in Nigerian T-Bills Midweek
- Naira Appreciates to N1,329 as External Reserves Reach $53.806bn
- Financial, Oil Stocks Boost NGX Index, Investors Gain N1.22trn
- Erin Piacenti, Bank of America VP, Killed in Times Square Attack
- Former British PM Starmer Steps Down as MP
- GDP Growth Yet to Translate Into Improved Living Standards
- Qatar Says Diplomatic Efforts Intensify to End Strait of Hormuz Crisis
- Wall Street Dwindles as US Treasury Yields Weigh on Sentiment
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.
LASG Enforces Building Permits, Requires Pre-Construction Authorisation The Lagos State Building Control Agency (LASBCA) has urged builders and developers to ensure they obtain a letter of authorisation from the agency before starting any construction in the state. The Director, Public Affairs, LASBCA, Mr Olusegun Olaoye, issued the statement on Monday in Lagos. He said that the General Manager of LASBCA, Mr Gbolahan Oki, made this clear on the sideline of the presentation of the Letter of Authorisation to developers of the Lagos Arena. He said that the ceremony was steered by the Lagos State Governor, Mr Babajide Sanwo-Olu, at the…
FEC Adopts Oronsaye Report on Civil Service Reform The Federal Executive Council has adopted the Steve Oronsaye report on the reform of the civil service to cut cost of governance. Minister of Information and National Orientation Mohammed Idris disclosed this at the end of the council meeting on Monday in Abuja. He said that some Ministries, Departments and Agencies would be scrapped, merged or subsumed into relevant organisations of government. Idris, however, said that the aim was only to cut costs and not throw Nigerians into the labour market. The minister, who said that details of the affected MDAs would…
The central bank priced 364-day treasury bills at 19% while the average stop rate printed at 18.75% at the debt management office’s latest undersubscribed FGN
Oil prices slid to $80 as global demand slowed down following multiple economic uncertainties. On Monday, the oil market extended the sell-off from the end of
Some deposit money banks borrowed N1.4 trillion from the standing lending facility
Amidst the economic struggle, Nigeria’s foreign reserves climbed moderately, signalling hope for strong support for the local currency which has lost a large
Dangote Cement Plc a top member of the Nigeria cement oligarchs, hit N13 trillion in market valuation following Femi Otedola’s raft of shares purchases in the
President Bola Tinubu says the administration will continue to implement measures to bring succour to Nigerians.
Wealth is shifting base from the private sector to the government due to ongoing reforms across the markets. Due to subsidy removal, the three tiers of govern
The Central Bank of Nigeria (CBN) refused large Treasury bill demand by local investors in its latest primary market auction.