- Oil Prices Decline as Strait of Hormuz Route Gets Busy
- Stronger US Dollar Keeps South African Rand on Edge
- Tech Stocks Rotation Shakes Global Markets as Apple Hikes Prices
- Nigerian Treasury Bills Yield Jumps 27bps on Sell Pressure
- Naira Hovers Around N1,380 as Interbank FX Turnover Surges
- XRP Dives to $1.03 as Strobe Finance Shutdown Erodes Confidence
- Ethereum Price Slips 4% as Investors Liquidate Positions
- Bitcoin Price Slides to $59k as US Inflation Stokes Selloffs
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.
RaveDAO (RAVE) token gained approximately 30% to $18.34 over the past 24h, significantly outperforming a flat broader market, driven by continued momentum in the meme coin sector.
XRP price rose by 5% to $1.46 as Ripple tested real-time bond settlement in Korea, fuelling expectations that improved adoption would boost demand for cross border payments.
Global energy crisis is expected to put Nigeria’s interest rate cut on hold until the aftermath effects of the US-Iran war fizzle out, analysts said in a discussion with MarketForces Africa.
All Fitch-rated licenced Nigerian banks have met the new paid-in capital requirements effective from end-1Q26, as have the majority of non-rated banks, Fitch says.
Ripple (XRP) price fires up by 5 % to $1.46 in 24h, significantly outperforming a flat Bitcoin, primarily driven by a surge in institutional exchange-traded fund (ETF) demand.
The Nigerian Exchange (NGX) market capitalisation surpassed N134 trillion as First Holdco, Ecobank Transnational Incorporation (ETI) and Aradel Holdings led today’s rally.
XRP price is up 4.79% to $1.4115 over the past 24h, outperforming a broadly positive market, primarily driven by speculation about a potential integration with the Solana network.
XRP price surged to $1.39 over the past 24h, outpacing a broader market that rose 0.88%, primarily driven by a viral social catalyst from a rival blockchain.
Nairobi Securities Exchange Rises as TotalEnergies, Eaagads Rally Kenya: Equity prices rose by 0.2%, closing at 206.33 points on the Nairobi Securities Exchange (NSE) All-share index, supported by buying interest in TotalEnergies and Eaagad’s uptick, among others. On the gainers chart, TotalEnergies price increased by 8.42%, Eaagads share price rose by 7.9%, Express Kenya inched higher by 7.3%, while Crown Paints and BK Group advanced by 6.% and 3% respectively. On the decliners’ list, Car & General price declined by 7.5%, Longhorn lost 6.7%, Shri Krishana dropped by 5.1%, Unga slipped by 4.4%, while Sanlam fell by 4.2% during the…
Ripple (XRP) price rose to $1.38 after Rakuten Pay integrated the token for Payments, triggering fresh buying in the cryptocurrency market on Wednesday. Trading volume stands at $2.4 billion, down by 25% over the last 24 hours, while the market cap of XRP topped $84 billion.