- FirstHoldco Soars on Earnings Beat, Otedola, RC Hold 50% of All Shares
- XRP Upside Rises to 35% as Ledger Upgrade Delayed to Nov.
- UK’s Dividend Tax is Fatally Flawed, Budget Could Drag Investors Back to the 1970s
- Dangote, FirstHoldCo Halt NGX Downtrend, Investors Gain N1.47trn
- CBN Grants JPMorgan Licence to Operate Merchant Bank in Nigeria
- Oil Prices Jump on Heightened Supply Risk, Brent Tops $114
- XRP Selloff Slows as Ripple Supports SEC Crypto Asset Framework
- Global Equities Markets Tank on AI Sustainability, Financing Fears
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.
NVIDIA Tokenised Stock Gains, Coinbase Launches Tokenised Equities NVIDIA Tokenised Stock (Robinhood) is up 1.97% over the past 24 hours to $213.25 on Tuesday, moving independently of a slightly down Bitcoin and other crypto market decliners. The rise is primarily driven by new on-chain demand following Coinbase’s launch of tokenised Nvidia stock (NVDAc) on its Base network. Coinbase launched tokenised US equities, including NVDAc, on its Base blockchain on August 24-25, 2026. This created immediate on-chain demand, with $4.55 million in tokens minted and deep liquidity provided on decentralised exchanges like Aerodrome. The launch also includes an integration with Chainlink…
BTC, ETH, XRP Decline as US Treasury Liquidity Bets Ease Bitcoin (BTC), Ethereum (ETH), and Ripple XRP, among other top digital assets, headed south amid profit-taking in the cryptocurrency market on Tuesday. Sell pressure dragged total cryptocurrency market capitalisation lower by 3.14% to $2.68 trillion, with trading volume declining sharply over the last 24 hours to about $120 million. Bitcoin is trading at $78.4k, while Ethereum sits at $2,430, reflecting a 2.00% decline, and XRP is hovering at $1.43 after capping above $1.52 earlier in the day. Bitcoin broke above $80,000 and briefly reached the $81,000 region on Tuesday, erasing…
Oil prices fell Tuesday as escalating economic tensions between the US and Iran and a renewed trade row between the US and Canada fueled uncertainty over global oil demand.
Ripple (XRP) price climbed about 3% over the past 24 hours, topping $1.52 on Tuesday as signals of US Treasury liquidity continue to draw investors’ attention across digital assets.
Bitcoin (BTC) price is up 4.48% in 24 hours to $80,482 on Tuesday, outperforming the broader
Ethereum (ETH) price climbed 73% to $2,481, closely tracking Bitcoin’s 1.54% gain, primarily driven by sustained institutional demand via spot ETFs and a broader macro-driven market rally.
Naira Dips as Interbank Turnover Eases, FX Reserves Rise The naira dipped slightly against the US dollar at the official window on Monday, with data showing a sustained increase in the country’s foreign reserves. The local currency closed at N1346.9676 per dollar at the Nigerian foreign exchange market (NFEM), from N1346.4919 per greenback last week. Transactions were executed between N1345 and N1350 at the NFEM window, with trading data indicating FX liquidity was tighter than at the previous close. At the NFEM window, interbank FX turnover moderated slightly to $152.592 million, down by 4.4% from $159.732 million posted at Friday’s…
Bitcoin topped $79k on Monday amid sustained institutional bets, as the digital asset consolidated near multi-month highs following last week’s explosive rally.
Ripple (XRP) price held at $1.50 on Monday, underperforming the broader cryptocurrency
Ripple (XRP) price hovered at $1.49 in the cryptocurrency market on Monday…