- NEAR Protocol Dips 10% Over Alleged Stolen Patented Technology
- XRP Seeks Catalyst to Halt Downtrend, Breaks Below $1.30
- 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 Central Bank of Nigeria (CBN, has urged all Microfinance Banks (MfBs) to ensure prompt rendition of statutory monthly returns through FinA application.
In its continued drive for financial inclusion across Nigerian communities, Africa-focused fintech platform PalmPay has unveiled two cost-saving financial
The market price of the largest cryptocurrency by valuation surged to nearly $72,000 on Monday following notice that the London Stock Exchange (LSE) will start
Saudi Aramco is planning to reduce its supply of Arab heavy crude to term customers in Asia starting in April due to oilfield maintenance, ING commodities
La Liga leaders Real Madrid cruised to a 4-0 home win over relegation-threatened Celta Vigo on Sunday.
Liverpool manager Juergen Klopp has gushed about Sunday’s breathless 1-1 Premier League draw with Manchester City, calling it the best his squad has ever played
Banks Borrow N8trn from CBN to Boost Liquidity Deposit money banks (DMBs) borrowed N8 trillion from the Central Bank of Nigeria’s (CBN) standing lending facility (SLF) as the need for funding became necessary for lenders. The fresh credit support from the window lifted liquidity levels in the financial system, and short-term interest rates adjusted downward, data from FMDQ platform shows. With double digits short term benchmark interest rates, banks have started to increase lending rates on credit creation, reflecting the CBN hawkish position. Money market rates have come under pressure recently due to large auction tickets sold by the authority.…
Transcorp Plc gained 19% as the company shares are getting popular among alpha seekers. The company saw valuation climbing above N691 billion ahead of the
The Nigerian naira temperature became hotter across foreign exchange markets amidst claims that the local currency is grossly undervalued. Increased demand
Nigeria achieved near balanced trade record in 2023, the latest data provided by the statistics office showed. Exports and imports value nearly formed an
Subscribe to Updates
Subscribe to updates from MarketForces Africa, an independent financial news service provider.
