- Naira Hovers Around N1,380 as Interbank FX Turnover Surges
- XRP Dives to $1.03 as Strobe Finance Shutdown Erodes Confidence
- Ethereum Price Slips 4% as Investors Liquidate Positions
- Bitcoin Price Slides to $59k as US Inflation Stokes Selloffs
- Only 20% of POS Operators Registered- CAC Chairman
- FG Finally Hands Over Enugu Airport to Concessionaires
- We’re Rebuilding Abuja, Building Trust, Restoring Hope in Governance – Tinubu
- FG Signs 2026 Performance Pact to Promote Investment, Trade Expansion
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.
Oil prices eased as markets began to price in a remark that the Middle East conflict will end soon. Brent crude traded at $91.67 per barrel. US benchmark West Texas Intermediate (WTI) increased 5.55% to $87.60 per barrel.
Intercontinental Exchange, Inc. (NYSE: ICE), one of the world’s leading providers of financial market technology and data powering global capital markets, today released its March 2026 ICE Mortgage Monitor Report.
Nigerian Exchange (NGX) market capitalisation climbed to N126.43 trillion as equity investors gained N2.67 trillion week-on-week, supported by buying interest in stocks with upside potential.
Ripple (XRP) has seen little price fluctuation recently, trading at $1.36 despite notable outflows from exchange-traded funds (ETFs). In the first week of March, U.S. spot XRP ETFs faced their first significant net outflow since late January, with losses totalling $4.09 million.
Bitcoin (BTC) fell to the $68k level on Saturday after large exchange-traded fund (ETF) outflows, reflecting renewed bearishness in the crypto market.
KuCoin Token (KCS) fell by approximately 2% over 24 hours, bringing its price down to $7.82. This decline occurred amid a broader market downturn, with Bitcoin dropping by 3.6%.
Brent crude price topped $90 on Friday, reaching its highest level since April 2024, as escalating conflict in the Middle East heightened concerns over disruptions to global energy supplies.
Intercontinental Exchange (NYSE: ICE), one of the world’s leading providers of financial market technology and data powering global capital markets, including the New York Stock Exchange, today announced a strategic relationship and investment in OKX, a blockchain technology and trading company serving more than 120 million people globally.
Zambia’s growth projections for 2025 and 2026 have been revised downward, the International Monetary Fund said in a statement as fiscal pressures emerge.
Dangote Refinery Justifies Petrol Price Hike, Landing Cost Hits $91 Citing 26% rise in the price of Brent crude oil, Dangote Petroleum Refinery & Petrochemicals reassures Nigerians of its unwavering commitment to serving as a stabilising force amid recent shocks in the international oil market. In a statement on Thursday, the company claimed landing costs surged 33% to $91 from $68 following the Middle East conflict. The Refinery said in a statement that conflict in the Middle East has led to the shutdown of some refineries and a cut in refinery production worldwide. This is leading to a global scarcity…