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.
TRON (TRX) gained 2% in 24 hours to $0.372, outperforming a flat broader market, primarily driven by its fundamental utility as a leading stablecoin settlement layer. TRX price increase over solid utility and technical momentum, though overbought readings suggest near-term volatility.
The average yield on Nigerian Treasury Bills dipped in the secondary market as investors ramped up their holdings of naira-denominated assets, with optimism about economic growth boosting sentiment.
The naira recorded a market-wide rally as Nigeria’s economy expanded in the first quarter of 2026, according to the statistics office, with FX data showing the dollar retreated on Middle East hope.
Nigeria and Türkiye have signed a Memorandum of Understanding (MoU) to strengthen bilateral cooperation in the solid minerals sector, aimed at deepening economic ties between the two countries.
Nigeria’s Gross Domestic Product (GDP) rate in real terms grew by 3.89 per cent in the first quarter of 2026 on a year-on-year basis, the National Bureau of Statistics (NBS) says in a report.
Bitcoin (BTC) price increased by more than 1% over the past 24 hours to $77,080.93, slightly outperforming a broadly flat market, primarily driven by a repricing of geopolitical risk.
Hyperliquid (HYPEUSD) gained 6.34% to $62.47, significantly outperforming a flat broader market, primarily driven by its massive, protocol-enforced buyback program.
Ethereum (ETH) gained 4.5% in 24 hours to $2,117.45, outperforming a broader market rebound, driven by a macro-driven relief rally and technical support holding at a critical level.
The National Average Cost of a Healthy Diet (CoHD) per adult per day stood at N1,513 as of February, the National Bureau of Statistics (NBS) has said.
Ripple (XRP) price declined 4% to $1.30 over the past 24h, closely tracking a broader market sell-off led by Bitcoin. Trading volume is up 21% to $2 billion amidst market-wide sell pressure.