- Oil Tops $90 as Iran Retaliates Against U.S. Strikes
- Global Equities Markets Open Bearish over Fed Hawkish Tone
- Moody’s Changes Nigeria’s Credit Rating Outlook to Positive
- Investors Trim Nigerian Bond Holdings Over Shrinking Rates
- Money Market Liquidity Tightens as CBN Steps Up OMO Actions
- XRP Falls as Ripple Prime Opens Wall Street Swap Desk
- Cardano Price Falls to $0.20 on Altcoin Sell Pressure
- Fitch Affirms France at ‘A+’ with Stable Outlook
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.
Better Yield Attracts Investment in CBN Bills –Report Amidst scarce alternative investment windows in the financial markets, the monetary authority has hinted that investment in CBN bills in August increased owing to the attractive yield. The apex bank hinted about the development in its monthly economic report for August 2021. It said a total of N60.00 billion, N152.07 billion and N60.00 billion of CBN bills were, respectively, offered, subscribed and allotted. The offer, subscription and allotment, according to CBN were considered to be higher than the ₦40.00 billion, ₦104.20 billion and ₦37.00 billion recorded in July. The report said the…
The average yield on the Federal Government of Nigeria (FGN) bond tracks higher in the secondary
The US dollar was modestly higher against its major trading partners early Monday as business
The United States (U.S.) dollar saw only modest movements against its major trading partners early
The US dollar was stronger against its major trading partners early Friday
The average yield on Treasury bills, Federal Government of Nigeria (FGN) Bonds
The Debt Management Office (DMO) has offered for subscription N250 billion road Sukuk instrument
10-Year US Treasury yield inches higher on Wednesday as Federal Reserve keeps interest rates
Fitch Ratings has expressed confidence that most Nigerian banks will meet higher capital
The US dollar was mixed against its major trading partners early Tuesday ahead