- Global Equities Markets Open Bearish over Fed Hawkish Tone
- Moody’s Changes Nigeria’s Credit Rating Outlook to Positive
- Investors Trim Nigerian Bond Holdings Over Shrinking Rates
- Money Market Liquidity Tightens as CBN Steps Up OMO Actions
- XRP Falls as Ripple Prime Opens Wall Street Swap Desk
- Cardano Price Falls to $0.20 on Altcoin Sell Pressure
- Fitch Affirms France at ‘A+’ with Stable Outlook
- MTN Nigeria Dips Ahead of Scheduled Dividend Payments
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.
Nigeria’s foreign exchange market recorded one of its sharpest weekly declines in recent memory
Traders and crypto analysts have adjusted XRP’s target price (TP) after Ripple’s vision….
The Nigerian Exchange (NGX) year-to-date return (YTD) climbed to about 57% as equities investors’
Bitcoin Cash (BCHUSD) dipped 0.64% to $244 on fractured momentum …
Ethereum (ETH) topped $1.8k after the Ethereum Foundation used AI to enhance…
Fitch expects rising but sustainable adjusted debt over the scenario horizon, which will be serviced
Bitcoin and Ethereum, along with bargain hunting in other top altcoins, ….
XRP Price Hovers at $1.11 as Ripple Seals Partnership Deals The live XRP price today is $1.11, a level the token has held onto over the last 24 hours amid broad-based selling pressure in the cryptocurrency market. With a 24-hour trading volume of $908,591,270, XRP is down 0.34% in the last 24 hours. The token continues to swing negatively while Ripple is actively expanding through high-profile partnerships and securing crucial regulatory licenses, building a foundation for long-term utility despite recent price consolidation. Ripple received full authorisation as a Crypto Asset Service Provider (CASP) from Luxembourg’s financial regulator, the CSSF. This…
Naira Slides on FX Market Liquidity Squeeze, US Dollar Rally Naira fell against the US dollar as rising demand for international payments outstripped FX supply in the currency market on Friday. The local unit closed at N1379 per greenback as eligible market participants’ dollar requests beat available liquidity for settlements. The exchange rate fluctuated between N1375 and N1382 per dollar during the day as demand pressures mounted at the official window. The Nigerian foreign exchange market (NFEM) recorded a slowdown in interbank FX turnover and deal counts. According to Central Bank data, interbank FX turnover fell to $71.044 million on…
The Nigerian Exchange (NGX) All-share index (ASI) declined on Friday due to last minutes selloff in Stanbic IBTC Bank, Guinness Nigeria and other decliners.