- FirstHoldco Soars on Earnings Beat, Otedola, RC Hold 50% of All Shares
- XRP Upside Rises to 35% as Ledger Upgrade Delayed to Nov.
- UK’s Dividend Tax is Fatally Flawed, Budget Could Drag Investors Back to the 1970s
- Dangote, FirstHoldCo Halt NGX Downtrend, Investors Gain N1.47trn
- CBN Grants JPMorgan Licence to Operate Merchant Bank in Nigeria
- Oil Prices Jump on Heightened Supply Risk, Brent Tops $114
- XRP Selloff Slows as Ripple Supports SEC Crypto Asset Framework
- Global Equities Markets Tank on AI Sustainability, Financing Fears
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.
Bitcoin (BTC), Ethereum (ETH), Binance Coin (BNB) bolstered the crypto market rally as investors reacted to the New York State Bar Association (NYSBA) tracing updates.
Cardano (ADA) price climbed by approximately 5% in 24 hours to $0.1663, outperforming a broader market up 1.15%, primarily driven by anticipation of today’s major network upgrade.
XRP price climbed slightly as the token set the stage for the next rally, with investors pricing in Ripple’s expanded access to European markets.
Targeted Policy Response Keeps UAE Economy Resilient – IMF The UAE economy has shown remarkable resilience to the conflict in the Middle East, supported by strong buffers, timely and well-targeted policy responses, including those by the government and the Central Bank Financial Institution Resilience Package, and the rerouting of oil and other trade flows, the International Monetary Fund (IMF) said following a recent visit to Dubai. The fund said the UAE’s robust balance sheets across governments and government-related entities (GREs) have helped contain the economic impact, preserve financial stability, and sustain confidence. It noted that fiscal and external balances are…
Ripple (XRP) price declined to $1.08, underperforming a slightly weaker broader market, primarily driven by macro-driven risk aversion and a bearish technical breakdown.
The rand is trading slightly weaker this morning as signs of resilience in the US economy reinforced expectations that US interest rates may remain higher for longer.
Netflix revenue climbs in the second quarter (Q2) of financial year 2026 as the company’s global subscribers watch more than 97 billion hours in the first six months.
The United States (U.S.), European, and Asian equities markets delivered mixed performance across key indices amid shifting investor sentiment.
SEC Deepens Investor Protection Drive with Nationwide Campaign on Unclaimed Funds The Securities and Exchange Commission (SEC) has reaffirmed its unwavering commitment to strengthening investor confidence and safeguarding shareholders’ wealth through sustained market education, transparency, and enhanced regulatory oversight. This commitment came to the fore during the Commission’s one-day Nationwide Market Outreach Programme on Unclaimed Funds, held on Thursday, July 16, 2026, where shareholders, market operators, registrars, shareholder associations, and other stakeholders converged to address the persistent challenge of unclaimed dividends and investment-related fraud within Nigeria’s capital market. The sensitisation programme underscored the urgent need for shareholders to proactively claim…
The Nigerian equities market closed Thursday’s trading session bearish, shedding N32 billion after recording gains in two consecutive previous sessions overall.