- FirstHoldco Soars on Earnings Beat, Otedola, RC Hold 50% of All Shares
- XRP Upside Rises to 35% as Ledger Upgrade Delayed to Nov.
- UK’s Dividend Tax is Fatally Flawed, Budget Could Drag Investors Back to the 1970s
- Dangote, FirstHoldCo Halt NGX Downtrend, Investors Gain N1.47trn
- CBN Grants JPMorgan Licence to Operate Merchant Bank in Nigeria
- Oil Prices Jump on Heightened Supply Risk, Brent Tops $114
- XRP Selloff Slows as Ripple Supports SEC Crypto Asset Framework
- Global Equities Markets Tank on AI Sustainability, Financing Fears
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.
Bitcoin (BTC) price inched higher by 1.51% in 24 hours to $82,073.99 on Friday, rebounding from a dip below $80,000 and outperforming its weekly performance.
The World Bank Group says it mobilised 112 billion dollars in private capital in the last financial year, a threefold increase from about 35 billion dollars in the 2022 financial year.
The Nigerian Exchange (NGX) All-share index (ASI) climbed slightly by 0.01% on Thursday
XRP staged a rebound Thursday as Cross River Bank announced a strategic move to integrate Ripple USD stablecoin (RLUSD) into its core banking infrastructure.
NVIDIA Tokenised Stock (Robinhood) price declined 4.60% to $218.06 on Thursday, underperforming the broader market,
Nigeria’s 10-year U.S. dollar bond yield fell by six (6) basis points (bps) as global portfolio investors
XRP price surged to $1.38 on Wednesday over positive ecosystem news, including Ripple’s partnership
Memory Chip Stocks Selloffs Drag Wall Street, European Markets Mixed Mirroring global markets’ swing, Wall Street dipped as selling pressure in memory chips, semiconductors, and other AI-linked stocks dragged key indexes lower ahead of US inflation data. Renewed doubts about AI investment returns and intensifying Chinese semiconductor competition pressured global technology shares yesterday, as investors awaited US inflation data for guidance on Federal Reserve policy. Wall Street closed softer, with the S&P 500 little changed, the NASDAQ down 0.15% and the Dow Jones off 0.35%, as memory stocks extended losses and financials weakened after earnings, a stockbroking and portfolio management…
Crude oil prices rose amid worries over supply disruptions as tensions continue to escalate in the Middle East with fighting between Iran-backed Houthis and Saudi Arabia.
The naira weakened against the US dollar, euro, and British pound in the foreign exchange market
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