- Nigerian Naira Falls as Forex Demand Surpasses Dollar Volume
- XRP Price Tanks on Corporate Selloffs, Clarity Act Delay
- Bitcoin Price Declines on Spot ETF Flow, Stagflation Concerns
- Worldcoin Sinks 6%, Eightco Holdings Discloses 8.4% Holdings
- Nigeria Launches Global Investors’ Expo to Market Credible Projects
- Dangote Refinery Tops U.S. as Europe’s Largest Jet Fuel Supplier
- Nigerian Stock Market Surges as Investors Gain N192bn
- Cardano Gains 10% on Inter-Blockchain Communication Launch
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.
South African Rand momentum eased against Western currencies as US-Iran clashes reverse market optimism. The United States and Iran exchanged fire on Thursday in the most serious test yet of their month-long ceasefire, but Iran said the situation returned to normal.
Stoked by negative sentiment, Bitcoin (BTC). Ethereum (ETH) and Ripple (XRP) prices declined on Friday amid US-Iran tensions, triggering a fresh cryptocurrency selloff.
Global markets retreated as the geopolitical tensions’ shockwave stoked sell pressure across major exchanges. Escalating US-Iran ceasefire tensions dominated global markets, First National Bank (FNB) said in a morning brief.
Ecobank Transnational Incorporated (ETI) has announced plans to raise funds in the international debt capital markets to repay a 2031 maturing borrowing note.
Equities investment analysts at CardinalStone Securities Limited, one of the top brokers with the highest transaction record in the Nigerian Exchange, have raised Unilever Nigeria’s 12-month target price to a hold recommendation.
The Nigerian local currency, the naira, rallied across the currency markets on Thursday, driven by improved FX liquidity. In its daily FX report, the Central Bank reported that the spot FX rate rose by ₦1.49 to N1355.85 against the U.S. Dollar.
The U.S. trade position is evolving in response to significant tariff policy actions in 2025, with the main adjustment occurring in import composition rather than in the aggregate balance, according to Fitch Ratings.
Senate Passes 2026 Electoral Act Amendment Bill The Senate has passed the 2026 Electoral Act Amendment bill, with a focus on the court’s jurisdiction in handling pre-election matters. The passage followed the Committee on INEC’s report presentation by its Chairman, Sen. Simon Lalong (APC-Plateau), at plenary on Thursday. The News Agency of Nigeria (NAN) reports that the proposed amendment aims to address gaps, timelines and court jurisdiction in the resolution of pre-election disputes. Lalong in his lead debate said the bill sought to address one of the most persistent procedural and constitutional challenges in the nation’s electoral jurisprudence. According to…
Access Holdings Plc has clarified that its inability to pay dividends for the 2025 financial year was due to regulatory and prudential compliance requirements rather than weak earnings or liquidity challenges.
The Eurobonds market mirrored this positivity, as average yields retreated 7bps to 6.72%, underscoring strong global investor interest and an increasingly favourable outlook toward Nigeria’s dollar-denominated sovereign obligation