- Monetary Policy Focused on Price Stability in 2025 – CBN
- Nigeria’s Domestic Economy Expanded by 3.87% in 2025 – CBN
- Federalism: NIIA Chief Advocates Power Rebalance In Nigeria
- GCR Assigns Odu’a Investment Company AA-/A1+Ratings
- NSITF Records 85% Contribution Target at Mid-Year
- Equities Investors Gain N71 billion in Nigerian Cold Market
- NAICOM Revokes Nigeria Reinsurance Licence
- FG Assures Public Servants of Wage Award Payment Before August 15
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.
AfDB COVID-19 emergency packages reach 5 geographic regions. The African Development Bank (AfDB) says its COVID-19 emergency packages have reached five geographic regions in Africa. The AfDB’s Communications and External Relations Department made this known in a statement on Saturday.
Dangote Cement: 24% of Group’s Total Debt Expose to FX – Puchercos. Dangote Cement Plc tells analysts representing various investors’ interest that the company’s balance sheet, cash flow position remains strong despite the development in the global economy.
Outlook on Sub-Saharan Sovereigns is Negative – Fitch Ratings. Fitch Ratings has maintained that the outlook on Sub-Saharan Sovereign remains negative despite the gradual easing of economic lockdown in the region.
MTN Nigeria Completes ₦100 billion Working Capital Raise. MTN Nigeria Communications (MTNN) Plc on Tuesday
FIDSON: Analysts Upgrade Estimates on Solid Earnings Performance. Analysts at Meristem stated that following the upward price review of its products in the fourth quarter (Q4) of 2018, FIDSON recorded low patronage throughout the 2019 financial year.
NOVA predicts NAFEX to hit ₦410 as dollar scarcity hinders repatriation. Nova Merchant Bank Limited has predicted that the Nigerian Autonomous Foreign Exchange rate could further weaken to N410 to a dollar.
Nigerian Banks Will Not Remain Resilient in Performance – FSDH. FSDH Merchant Bank has stated that it expects aftermath of COVID-19 economic slowdown to weigh on Nigerian Banks.
AIICO Insurance: Analysts Estimates 83% Surge in Stock Price. Analysts at Meristem Securities Limited have advised investors to buy AIICO Insurance Plc stock to reap more than 83% upside. AIICO current capital position of ₦19.24 billion places the insurer comfortably above the regulator’s ₦18.00 billion recapitalization threshold required of composite businesses.
MPR Cut Positive for FG Borrowing Plan, Negative for inflation. Analysts have interpreted the Central Bank of Nigeria’s Monetary Policy Committee decision to cut rate as part of big plan to reduce the nation’s borrowing cost as budget deficits widened.
60% Upside! FSDH Explains Why Investors Should Buy Airtel Stock. FSDH group has stated that Airtel Africa’s healthy fundamentals, improving debt position and sturdy growth story places it among its favoured buys.