- Naira Hovers Around N1,380 as Interbank FX Turnover Surges
- XRP Dives to $1.03 as Strobe Finance Shutdown Erodes Confidence
- Ethereum Price Slips 4% as Investors Liquidate Positions
- Bitcoin Price Slides to $59k as US Inflation Stokes Selloffs
- Only 20% of POS Operators Registered- CAC Chairman
- FG Finally Hands Over Enugu Airport to Concessionaires
- We’re Rebuilding Abuja, Building Trust, Restoring Hope in Governance – Tinubu
- FG Signs 2026 Performance Pact to Promote Investment, Trade Expansion
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.
MTN Nigeria Plc.’s market value topped N19 trillion on the Nigerian Exchange (NGX) as robust earnings performance triggered strong bargain hunting in the local bourse.
XRP price is locked at $1.40 after Ripple tightened supply following its monthly activities. The token has seen a significant price increase after failing to break the resistance level since last week.
Nigeria will rake in N6.8 trillion in fiscal windfall from the global energy crisis, which has increased oil prices across grades, BMI, a Fitch Solutions Company, said in a monthly update obtained by MarketForces Africa.
Access Holdings Plc lost about 14% of its market capitalisation over the last four trading sessions on the Nigerian Exchange (NGX) due to deteriorated investor sentiment.
The Ministry of Petroleum Resources says Nigeria remains committed to the principles and objectives of the Declaration of Cooperation between the Organisation of the Petroleum Exporting Countries (OPEC) and its allies under OPEC+.
Fitch Ratings has affirmed Ireland’s Long-Term Foreign-Currency (LTFC) Issuer Default Rating (IDR) at ‘AA’ with a stable outlook.
Dangote Group has dismissed as false and malicious a publication alleging that its President, Aliko Dangote, distanced himself from Tony Elumelu, describing the report as entirely baseless.
Equity Investors Gain N10.7trn, YTD Return Nears 56% Pushing year-to-date return (YTD) near 56%, equity investors gained about N10.7 trillion, trading at highs and lows on the Nigerian Exchange (NGX) over the last five trading sessions, amid first quarter 2026 earnings announcements. Last week, the local bourse ended activities on a strong note, extending its bullish momentum as gains in key stocks drove overall performance. The benchmark NGX All-Share Index (ASI) rose by 7.33% week-on-week to settle at 242,277.81 points, while market capitalisation increased by the same margin to ₦155.99 trillion, representing a gain of approximately ₦10.66 trillion. Bargain hunting…
The Nigerian naira gained about N11.80 kobo per US dollar (USD) at the official window in April, closing at N1374.9431, according to daily FX publications released by the Apex Bank.
PayPal’s (PYSUD) stablecoin is gaining momentum through corporate restructuring, market growth, and deeper financial integrations.