- 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.
The Nigerian Communications Commission (NCC) has commenced a review of the Mobile Virtual Network Operators
XRP traded soft as the token price slid 2.19% to $1.09 on Thursday, underperforming a slightly weaker broader
Rand Firmer on Improved Investors’ Appetite for EM Currencies South African rand is trading slightly firmer on Thursday as softer-than-expected US producer price inflation reinforced expectations that the Federal Reserve may delay further interest rate hikes. Lower inflation has weighed on the US dollar and improved investor appetite for emerging-market currencies, supporting demand for the rand, said First National Bank (FNB) in a brief. The bank said the South African rand is changing hands at R16.34 to the US dollar, R18.73 to the euro and R22.10 to the British pound. Geopolitical tension has shifted global market dynamics. The energy crisis…
Ethereum (ETH) price climbed by 2.07% to $1,924.90 on Wednesday as a Morgan Stanley filing and earnings update bolstered investors’ optimism and buying interest.
Ondo price (ONDOUSD) surged by about 17% in 24 hours to $0.367, significantly outperforming a flat Bitcoin
Naira Rises Against US Dollar as Interbank FX Trades Ease The naira appreciated against the US dollar in the currency market on Wednesday, amid a lack of significant FX pressure from corporate demand. The local unit saw a moderate gain against crosses as FX activity eased, with an improved US dollar volume on the supply side. The official data indicated that the spot FX rate settled at N1,382.1841 per US dollar, down from N1,383.0755 the previous day. Transactions at the Nigerian foreign exchange market were consummated between N1379.5000 and N1384.5000, the rates which signal an improvement in FX liquidity from…
First Holdco Fires Up, Market Value Tops N3.6 Trillion First Holdco Plc is seeing a significant price surge as investors anticipate strong earnings performance for the first half of the financial year 2026. The banking group’s share price increased by about 10% to N79.35 on Wednesday as improved sentiment continues to fuel its re-rating. Trading at less than 3% below its 52-week high, the financial services company’s price push was driven by strong transaction value led by buy-side investors in the Nigerian bourse. Data from the Nigerian Exchange showed that First Holdco gained 9.98% on a trading volume of…
XRP price hovered around $1.12 on Wednesday, buoyed by Binance’s airdrop campaign distributing $800,000
Bitcoin (BTC) price climbed by 3% to $65, 151 outperforming a broadly rising crypto market
Chainlink (LINK) price climbed by 5.74% to $8.41, outperforming a rising broader market, primarily driven by a major ecosystem migration boosting utility demand.