- Diverting Tithes, Offerings, Zakat to Private Businesses Criminal – EFCC
- SK Hynix Tokenised bStocks Dips on Broader Market Pullback
- NVIDIA Tokenised bStocks Declines as Crypto Rally Cools Off
- Equities Investors Gain N374bn as Nigerian Bourse Extends Rally
- GCR Upgrades Dangote Industries Ratings, Forecasts Debt to Rise
- South African Rand Trades Sideways Ahead of SARB Rate Decision
- U.S., European Markets Upbeat on Tech, AI Stocks Momentum
- XRP Market Capitalisation Hits $100bn Vs. Ripple’s Valuation
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.
Trading activities in the Treasury bills secondary market ended on a bullish note on Friday as the buoyant system liquidity
The exchange rate at the Investors’ and Exporters’ foreign exchange (FX) market settled at N462 in April
Ecobank Group Plc.’s profit slumped by 5% year on year to $88 million in the first quarter of 2023
The Nigerian local currency continues to reclaim its previously lost value in the foreign exchange (FX) market
Pan African lender, Ecobank Transnational Incorporation (ETI) boosted its earnings performance
The African Development Bank (AfDB) and the Japan International Cooperation Agency (JICA)
Stressed by sustained liquidity pressures in the system, a number of Nigerian deposit money banks (DMBs)
FBN Holdings’ share price gathered momentum in the stock market ahead of its full year earnings
Local Content in LNG Train 7 Rises to 60%– NCDMB The Nigerian Content Development and Monitoring Board (NCDMB), has said that the construction of the Liquefied Natural Gas (LNG) Train7 has witnessed 60 per cent local content. Executive Secretary, NCDMB, Mr Simbi Wabote, said this on Wednesday in Abuja while briefing newsmen on the forthcoming Oil and Gas Opportunity Fair, scheduled to take place in Bayelsa from May 17 to 19. Wabote said unlike the LNG Train 1 to 6 which had near zero participation of Nigerians because of poor performance in energy technology, Train 7 had more Nigerians participating…
Nigerian deposit money banks borrowed about N1.3 trillion from the Central Bank of Nigeria’s (CBN) standing lending facility
Subscribe to Updates
Subscribe to updates from MarketForces Africa, an independent financial news service provider.
