- NEAR Protocol Dips 10% Over Alleged Stolen Patented Technology
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- Bitcoin Drops to $80.5k on Spot ETFS Outflows, AI Stocks Rout
- Naira Touches N1,395 to US Dollar as FX Order Book Surges
- Nigeria’s Gas Reserves Rise 3% to 215.29 Trillion Cubic Feet
- Oil Prices Edge Higher, Brent Rises 5% Week-on-Week to $115
- FirstHoldco Soars on Earnings Beat, Otedola, RC Hold 50% of All Shares
- XRP Upside Rises to 35% as Ledger Upgrade Delayed to Nov.
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.
The Organisation of Petroleum Exporting Countries (OPEC) left demand forecast unchanged as crude oil production increased by a total of 203,000 barrels per day
Equities investors on the Nigerian Exchange are currently selling off their interest in Unity Bank Plc after the lender announced it expects to post a huge loss
The average yield on Nigerian Treasury bills decreased somewhat ahead of February 2024 inflation data. In the fixed-income market, yields remained elevated
A group of academicians have emphasised the need for Nigeria to join BRICS, an economic bloc comprising Brazil, Russia, India, China and South Africa for
Exchange rates converged around N1603 per US dollar at official and parallel markets.
The Federal Capital Territory Administration (FCTA) disbursed N4.43 billion to the six area councils of FCT, pension scheme
The Federal Government is set to increase electricity megawatts from 4000 to 6000 within the next three to six months to improve power supply.
Oil prices increased on Tuesday with greater supply risks with the rising conflict in the Middle East, while investors await several key supply and demand data
The average yield on Nigeria’s US dollar bonds rose marginally as foreign investors trimmed their position amidst uncertainties in the local economy. The market
The average yield on Nigerian Treasury bills rose by three basis points to close at 18.8% amidst selloffs in the secondary market. The yield curve continues to