- ADA Dips as Market Shifts, Cardano Foundation Takes Over Token2049
- Oil Prices Decline Amidst Imbalanced Global Demand, Supply
- Rand Firmer on Improved Investors’ Appetite for EM Currencies
- Bullish T-Bills Run Ahead as CBN Rejects Bids, Prices 1-Year Bill at 17.66%
- FG Boosts Global Authentication of Nigerian Passports
- Jack-Rich, Eric Trump Advocate Closer U.S.-Nigeria Ties
- Nigeria’s Economy on Steady Growth, Tinubu Tells Deloitte Africa
- Federal Govt. Unveils $500m Niger Delta Agric Investment Fund
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.
Dangote Refinery is set to debut its initial public offering (IPO) on the Nigerian Exchange, Lagos-based investment firm Cowry Asset Management hinted today.
The short-term benchmark rates were steady in the money market, as liquidity conditions in the financial system remained surplus following a series of open-market operations.
Venezuela has launched a broad restructuring of its foreign debt, including obligations tied to state oil company PDVSA, the Ministry of Economy and Finance announced on Wednesday.
Ripple (XRP) price is down 0.56% to $1.43 ahead of the U.S. Clarity Act vote, underperforming a flat market amid broad crypto risk-off sentiment sparked by hot inflation data.
Citi outlined a clear pathway to stronger, more durable returns at its 2026 Investor Day, highlighting the growing strategic importance of its global network in driving future growth.
The National Investment Fund of the Republic of Uzbekistan (UzNIF) has successfully completed its initial public offer (IPO) on the London Stock Exchange and Tashkent Stock Exchange, the first ever global equity offering from Uzbekistan.
Equity investors on the Nigerian Exchange (NGX) traded 1.683 billion shares across sectoral names, worth N109.438 billion, in 76,557 transactions on Wednesday.
OPEC Oil Output Tumbles 1.7 mbpd in April Crude oil production by the Organisation of the Petroleum Exporting Countries (OPEC) fell by around 1.7 million barrels per day (mbpd) in April 2026 compared with March. In April, OPEC’s total output stood at about 18.98 million bpd, according to the group’s latest Monthly Oil Market Report on Wednesday. The steepest production declines were recorded in Saudi Arabia, Kuwait, Iraq and Iran. Saudi Arabia’s crude output dropped by roughly 958,000 bpd to about 6.77 million bpd, while Kuwait’s production fell by about 561,000 bpd to 600,000 bpd. Output in Iraq declined by…
The naira regained value at the Nigerian foreign exchange market (NFEM) on Wednesday as improved hard currency liquidity reduced pressures from surging FX demand for international payments and settlements.
The Nigerian Exchange (NGX) year-to-date return climbs to 62.27% on Wednesday as funds continue to rotate into risky assets, though stockbrokers spotted a slowdown in momentum.