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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.
Revenue from Oil Could Only Finance 8.78% of Nigeria’s Budget 2020
Analysts Express Concern over GTB High Foreign Currency Exposure. Guaranty Trust Bank (GTB) Plc high foreign currency loans exposure is now a downside risk to the lender’s earnings expectation in 2020, and analysts have expressed concerns.
With the rampaging coronavirus and associated impacts on the economy, analysts have stated
Naira Repricing Likely as Weak FPI Appetite for OMO Bills Worsen FX Outlook. Naira repricing is more likely as weak foreign portfolio investors (FPI) appetite for Open Market Operations (OMO) bills would worsen currency outlook, Cardinalstone, a multi-assets investment management firm stated this in
We Worry About Efficiency of Access Bank Plc – Analysts. Equity research analysts at Cardinalstone Limited, an investment management firm, have expressed worry over efficiency of Access Bank Plc in financial year 2020.
Fidelity Bank appoints Nneka Onyeali-Ikpe MD-designate Fidelity Bank Plc has notified the Nigerian Stock Exchange (NSE) and the general public of the appointment of Mrs Nneka Onyeali-Ikpe, as the incoming Managing Director/Chief Executive Officer, effective Jan. 1, 2021. The bank made the announcement on Monday in a notice on the NSE website, signed by Ezinwa Unuigboje, its Company Secretary. The notice said the appointment followed the impending retirement of its Managing Director/Chief Executive Officer, Mr Nnamdi Okonkwo, from the Board of Directors of the bank, with effect from Dec. 31, 2020, upon completion of his contract tenure. “In compliance with…
Some Policies of CBN Could Worsen Macroeconomic Imbalances – Analysts. Chapel Hill Denham’s analyst, Omotola Abimbola, has said in a note that some of the Central Bank of Nigeria’s policies could worsen macroeconomic imbalances.
Unilever Nigeria Trouble Deepens as Revenue, Profit Drop Big
Analysts Bullish on Banks with Strong Digital Channels, Domestic Loans. Chapel Hill Denham has expressed interest in Nigerian Banks with strong digital footprint, a well-diversified loans book and sizeable foreign currency position.
Bond Auction: DMO Sets to Offer ₦130 Billion across Four Tenors The Nigeria’s Debt Management Office (DMO) is set to conduct first bond auction on Wednesday with ₦130 billion offer across four tenors.