Author: Julius Alagbe
Julius Alagbe has about 2 decades of experience in finance, accounting and economics. A fantastic financial analyst with experience in the media, research and consulting industry.With an education background from top global institutes like Imo State University, the Association of Chartered Certified Accountants (ACCA), the Chartered Institute of Administration/Nigerian College of Administration, and Julius has focused on anything that trends, figures, and projections can explain.Apart from his reportage skills, Julius has cut his teeth in Due Diligence, Advisory Service, Research, and Training.
The Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) says its ongoing nationwide data verification exercise is aimed at ensuring accurate data for sharing revenue among states and local government areas (LGAs).
ABUJA: The Federal Government has approved a $500 million annual funding mechanism to transform Nigeria’s research and innovation ecosystem in line with international best practices.
The Nigerian Exchange (NGX) All-share index (ASI) recovered from sell pressures as Airtel Africa, Dangote Sugar Refinery, among others, drove momentum in the local bourse on Wednesday.
Crude oil prices plunged on Wednesday, with Brent crude falling by about 10% as reports of a potential agreement between the US and Iran raised expectations of easing geopolitical tensions.
Ripple’s XRP price just hit $1.45, outperforming a broadly rising crypto market, primarily driven by a beta-driven rally as Bitcoin surged.
Bitcoin (BTCUSD) topped $82K on Wednesday as the rally extended since last week’s pickup. The world’s largest digital asset gained, climbing to $82.165, as trading data from a crypto exchange was revealed.
DOGEUSD- Dogecoin Gains 4.2% on Sharp Volume Surge, Eyes $0.12 Dogecoin (DOGEUSD) gained 4.2% to $0.1160 on Wednesday, significantly outperforming a modestly rising broader market, primarily driven by major whale accumulation and a technical breakout. The coin’s rally is anchored by tangible whale buying and confirmed by strong volume and derivatives activity, setting a bullish near-term tone. Amid active capital rotation across crypto, Dogecoin recorded net inflows of approximately $7.8 million over 24 hours. This placed it among smaller tokens like Toncoin and Pepe that saw speculative demand, while larger alts like Ethereum and XRP saw outflows. Trading data showed…
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has allocated 61.9 million barrels of crude oil to domestic refineries in the First Quarter (Q1) 2026, against 68.7 million barrels offered by producers.
Zenith Bank Names Mustafa Bello Chairman Board of Directors Zenith Bank Plc has announced the appointment of Engr. Mustafa Bello as the Chairman of its Board of Directors. The appointment, which takes immediate effect, has been approved by the Central Bank of Nigeria (CBN) and ratified by shareholders at the Annual General Meeting held on May 5, 2026. Engr. Bello’s appointment represents a strategic step to ensure the continuity, stability, and sustained effectiveness of the Board, while reinforcing Zenith Bank’s high standards of corporate governance, regulatory compliance, and strategic oversight for which It is widely respected. He joined the Board…
The Central Bank of Nigeria (CBN) is scheduled to conduct the first Treasury Bill auction for the month on May 6, 2026, according to a financial market circular released.