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.

Geregu Spikes to N325 from N100 per Share in Oct.

Analysis

Geregu Spikes to N325 from N100 per Share in Oct. Geregu Power Plc, a company chaired by Femi Otedola, fair valuation has increased strongly as the market continues to see value and potential for growth in its key business segments. Its financial scorecard for 2022 showed that the company’s earnings declined. However, there was strong capital investment fueling positive sentiment about future earnings growth. In part, the power-generating company’s first dividend payment announcement since it became a listed company appears attractive to some value hunters in the domestic bourse. Last week, Geregu Power Plc gained more than 31%, consolidating on…

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