- Nigeria’s Headline Inflation Rate Climbs to 15.93% in May
- Ethereum Gains 9% as Bitmine Immersion Tech. Boosts Holdings
- AFC Backs Dangote Fertiliser Expansion with $600m Loan
- XRP Price Surges 8% on Japan’s New Crypto Rule, ETF Inflow
- Fitch Affirms Côte d’Ivoire Rating at ‘BB’, Outlook Stable
- Money Market Rates Mixed as Banking System Liquidity Dips
- CBN to Open N1trn Worth of Treasury Bills for Subscription
- CBN Raises N3.8trn in OMO Bills Sales to Banks, FPIs
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.
Bond Auction: DMO Sets to Offer ₦130 Billion across Four Tenors The Nigeria’s Debt Management Office (DMO) is set to conduct first bond auction on Wednesday with ₦130 billion offer across four tenors.
Deregulation Will Force Down PMS Price, Says PPPRA. The Petroleum Products Pricing Regulatory Agency (PPPRA) says full deregulation of the downstream oil and gas sector will help force down price of Premium Motor Spirit (PMS) also known as petrol.
17 Questions that Address How PFAs Invest Employees’ Contributions to RSA. These 17 questions address how employees contributions to retirement savings accounts are invested and managed under contributory pension scheme.
CBN Supports Federal Government with ₦6.3 trillion in 5 Years. The Central Bank of Nigeria (CBN) has been noted to have supported the federal government with total sum of ₦6.3 trillion in the last five years.
Banks Debtors in Trouble as CBN Activates Inter-bank Debits. Guidelines will improve repayments, reduce NPL ratios, serve as credit profiling tool and improve private sector credit
FPI Scarcity: Analysts Estimate $7.8bn drops in External Reserves
FX Rates: ARM Securities sees limited downside risk in 2020
Analysts Anticipate Pressure on Nigeria’s FX Position
Foreign Investors Repatriation Risk to Impacts Inflow
FIDSON Healthcare Primed for Gains as ‘Virus’ Boosts Earnings. FIDSON Healthcare Plc is primed for more gains as coronavirus outbreak impacts demands, augments sales for healthcare products.
Rising Inflation, Plunged Yields Ruffle Investors, Analysts. Average yield on instruments in the fixed income market are below the nation’s inflation rate, thus turning real returns negative for investors.
May & Baker: Equity Analysts Upgrade Stock on COVID-19 Advantage. May & Baker Nigeria (M&B Plc) was the first pharmaceutical firm to set up an anti-retroviral plant in Nigeria and the first to initiate local vaccine production.
Federal Tax Authority Extends Debt Payment to August .The Federal Inland Revenue Service