- Tincan Customs Command Generates N111.2bn May Revenue
- Kerosene Price Stood at N2,971.94 in May – NBS
- Nigeria Seeks Partnerships to Build World-Class Steel Industry
- Pre-Election Spending to Keep Inflation, Interest Rates Elevated – Analysts
- NCDMB to Launch Oil and Gas Trainers Certification
- Naira Depreciates, Touches N1392 on FX Liquidity Shortfall
- ACCI Seeks Reforms to Boost FCT Free Zones for Economic Growth
- $125bn in Vessel, Cargo Value Await Passage from Persian Gulf – Allianz
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.
The United Nations (UN) has advised Nigeria and other African countries to strengthen domestic resource
XRP price is down 6.21% to $1.13, underperforming a broadly lower market, primarily
Bitcoin (BTC) tanked 5.30% to $62,351 amid heavy institutional selling pressure via exchange-traded funds
Stakeholders in Nigeria’s digital ecosystem have called for accelerated investment in local ArtificiaI Intelligence (AI)
No Nigerian Willing to Leave S/Africa ‘ll be Abandoned — FG The Minister of Foreign Affairs, Amb. Bianca Odumegwu-Ojukwu, says the Federal Government will ensure that no Nigerian who has indicated interest in leaving South Africa is left behind. This is contained in a statement issued by Dr Magnus Eze, her Special Assistant on Communication and New Media, on Thursday, in Abuja. Odumegwu-Ojukwu disclosed that about 1,000 Nigerians had so far registered for evacuation from South Africa ahead of the June 30, deadline given by anti-immigrant groups in the country. According to her, the first batch of 258 Nigerian nationals…
Stakeholders across the energy sector have called for sustained reforms, increased investment
Oil prices extended their decline on Thursday after the US and Iran signed an interim agreement
The South African rand dipped against Western currencies following a spike in the headline inflation rate to 4.5%
Jito Price Slumps 10% Ahead of JTX Platform Launch Jito (JTO) price pulled back by 9.69% in 24 hours to $0.710, underperforming the broader market decline of 2.17%, primarily due to low liquidity amplifying a risk-off move. JTO’s price surged roughly 40% in the week leading up to June 16, 2026. Analysts cite the upcoming July launch of JTX Trade—a unified trading platform—as the primary catalyst. Jito is strategically evolving from a core Solana staking protocol into a broader crypto economy, validated by its Coinbase integration and a token rally fueled by its upcoming JTX platform. Jito, the Solana-based infrastructure…
XRP Price Drops by 4.4% on U.S. Fed Hawkish Tone Ripple (XRP) price nosedived 4.38% to $1.16 on Thursday, underperforming a declining broader market, primarily driven by a hawkish shift in US Federal Reserve policy under new Chair Kevin Warsh. The primary driver is a macro selloff following the first FOMC meeting under new Fed Chair Kevin Warsh on June 17. While rates were held steady, the Fed signalled concern over inflation and a slower path for future cuts. Tighter financial conditions typically reduce liquidity for speculative assets, causing correlated declines across crypto. XRP’s drop is not coin-specific but part…