- BTC, ETH, XRP Dive, Japan Reclassifies Crypto as Financial Assets
- Oyo Govt Approves Over N35bn for Agriculture, Others
- Tantalizers Assures Shareholders of Sustainable Growth
- Naira Rises as Foreign Reserves Approach $52 Billion
- BUA, Insurance, Tech Stocks Drag NGX Indices Lower
- NCC Reviews MVNO Business Rules to Deepen Competition, Expand Telecom Access
- XRP Trades Soft as Ripple Urges Senate to Support Clarity Act
- Solana Slips after SBI Taps Network for Tokenised Japan Equity Fund
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.
Avalanche (AVAXUSD) climbed to $9.17 amidst positive investor sentiment, modestly trailing a broader market rally, primarily driven by Bitcoin’s 2.69% gain on positive macro sentiment.
Bitcoin (BTC) price rose by 3% to $78,490 outpacing a broader market that rose 1.77%, primarily driven by renewed institutional demand amid spot ETF inflows.
Ripple (XRP) price climbed 2% to $1.40, modestly outperforming a flat broader altcoin market, primarily driven by momentum from its flagship conference.
UBA Pushes Deeper Bank-Fintech Collaboration at Pan-African Conference United Bank for Africa Plc (UBA) has reinforced its commitment to deepening collaboration between banks and fintechs across Africa, following the successful hosting of its inaugural Fintech Conference themed “Navigating Regulatory Milestones: The Future of Bank–Fintech Partnerships.” The conference convened more than 20 leading fintechs and ecosystem stakeholders, including PalmPay, OPay, PayAza, Mastercard, Visa, Nigeria Inter-Bank Settlement System, and representatives of the Central Bank of Nigeria. Discussions focused on regulation, innovation, security, and the evolution of payments across the continent. Opening the event, UBA’s Executive Director, Digital Banking, Emmanuel Lamptey, called for…
The Nigerian Exchange (NGX) market capitalisation surged near N1.56 trillion as investors’ portfolio balance gained about N3.3 trillion at the close of the trading session on Thursday.,
The United States has seized nearly $500 million in cryptocurrency assets linked to Iran as part of a sanctions campaign that heavily focuses on freezing stablecoins.
XRP is up 0.78% to $1.38 over the past 24h, modestly rising alongside a broader market rally but underperforming Bitcoin’s 2.02% gain ahead of Las Vegas conference.
The crypto market capitalisation declined 1.01% to $2.55 trillion over the past 24h, primarily driven by macro-inflation concerns amid a surge in the Personal Consumption Expenditure (PCE) Index.
Global markets remained under pressure as oil prices surged on escalating Middle East tensions and persistent inflation concerns. Wall Street ended mixed, with the S&P 500 marginally down 0.04%, the Dow Jones closing 0.57% lower.
Dogecoin (DOGE) price surged 4.05% to $0.106 over the past 24h, significantly outperforming the market amid a down market, primarily driven by the launch of a new institutional investment product.