- Investors Trim Nigerian Bond Holdings Over Shrinking Rates
- Money Market Liquidity Tightens as CBN Steps Up OMO Actions
- XRP Falls as Ripple Prime Opens Wall Street Swap Desk
- Cardano Price Falls to $0.20 on Altcoin Sell Pressure
- Fitch Affirms France at ‘A+’ with Stable Outlook
- MTN Nigeria Dips Ahead of Scheduled Dividend Payments
- First Holdco Hits N6.6trn on 60% Distributable Profit Bets
- Navy Disrupts 2 Illegal Refining Sites in Rivers
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.
Ripple (XRP) price hit $1.50 following an 11% gain in 24 hours, significantly outperforming a flat Bitcoin price,
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Investors Lose N443bn as Stock Market Downturn Enters 9Days The Nigerian stock market index declined on Friday, with investors losing more than N443 billion, as the downturn in the local bourse entered its 9th day. The market closed the week in bearish territory, with key performance indicators recording a 0.29% loss. The losing streak, which persisted all week, was driven by sustained selling pressures across major market sectors. Mid-cap and blue-chip stocks such as FCMB, DANGSUGAR, ZENITHBANK, and FIRSTHOLDCO recorded significant losses today. The Nigerian Exchange (NGX) All-Share Index (ASI) fell by -686.64 basis points, or -0.29%, to close at…
XRP is up 6.56% to $1.40, slightly outperforming Bitcoin’s 6.46% gain, primarily driven by regulatory optimism and aggressive whale accumulation.
Iranian oil exports have fallen to zero amid the war and sanctions, the governor ….
The Federal Government has signed a sub-lease agreement for the restoration and full operationalisation of the Delta Steel Company now known as Premium Steel and Mines Limited (PSML), Ovwian-Aladja, Delta.