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.

Ethereum Keeps 2.05k Price Amidst StanChart $40k Estimate Ethereum (ETH) is trading at $2,050, down less than 1% over the last 24 hours, on optimism and fear amid Standard Chartered’s (StanChart) price expectations. With $248 billion in market capitalisation at the press time, ETH’s trading volume increased by 20% over 24 hours, settling at $8.5 billion on Sunday, according to data obtained from crypto exchanges. Traders reported that Ethereum’s price is consolidating, while on-chain data suggests underlying buying pressure. Specifically, the altcoin price is consolidating near $2,050 after a sharp decline. Market attention is intensely focused on the $1,400 to…

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XRP Tanks on Profit-Taking Amidst Ripple Decentralised ID Target XRP price dived to $1.30 on Sunday amid profit-taking amid Ripple’s decentralised identity (ID) target. The token underperforms a slightly weaker broader market, primarily driven by renewed institutional selling pressure. ETF outflows are breaking a positive streak, signalling institutional selling pressure, with data showing trading volume of $1 billion over the past 24 hours, 4% higher than the day before. XRP-linked exchange-traded funds recorded a net weekly outflow of $3.56 million, marking the first withdrawal in April and breaking a two-week streak of inflows. This shift indicates intensified selling pressure from…

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