- Nigerian Treasury Bills Yields Soften as Investors Boost Positions
- Money Market Rates Mixed as System Liquidity Shrinks
- SEC Deepens Investor Protection Drive with Nationwide Campaign on Unclaimed Funds
- BUA Foods’ Expansion Strategy Signals Long-Term Growth
- BTC, ETH, XRP Dive, Japan Reclassifies Crypto as Financial Assets
- Oyo Govt Approves Over N35bn for Agriculture, Others
- Tantalizers Assures Shareholders of Sustainable Growth
- Naira Rises as Foreign Reserves Approach $52 Billion
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.
TACO or not over Hormuz is the question dominating markets right now, but investors are asking the wrong one, says Nigel Green, CEO of global financial advisory giant deVere Group.
Fitch Ratings has placed the Long-Term Issuer Default Ratings (IDRs) and Government Support Ratings (GSRs) of all eight Qatari banks on Rating Watch Negative (RWN).
Ripple (XRP) price jumped by 5% over the last 24 hours to $1.35, closely tracking a broad market rally driven by a risk-on shift amid geopolitical optimism.
Ripple (XRP) reboots with a fresh rally on Monday, rising by about 4% to $1.3425 in 24 hours on renewed bargain hunting and more than 75% increase in trading volume to $1.84 billion.
Ethereum Keeps 2.05k Price Amidst StanChart $40k Estimate Ethereum (ETH) is trading at $2,050, down less than 1% over the last 24 hours, on optimism and fear amid Standard Chartered’s (StanChart) price expectations. With $248 billion in market capitalisation at the press time, ETH’s trading volume increased by 20% over 24 hours, settling at $8.5 billion on Sunday, according to data obtained from crypto exchanges. Traders reported that Ethereum’s price is consolidating, while on-chain data suggests underlying buying pressure. Specifically, the altcoin price is consolidating near $2,050 after a sharp decline. Market attention is intensely focused on the $1,400 to…
Bitcoin (BTC) climbed by 1bout 100 basis points to $67.5k as investor optimism improved after Standard Chartered predicted the world’s largest digital asset could reach $500,000 in 2030.
The National Drug Law Enforcement Agency (NDLEA) has dismantled a drug trafficking syndicate in high stakes intelligence led operations that lasted three weeks.
XRP Tanks on Profit-Taking Amidst Ripple Decentralised ID Target XRP price dived to $1.30 on Sunday amid profit-taking amid Ripple’s decentralised identity (ID) target. The token underperforms a slightly weaker broader market, primarily driven by renewed institutional selling pressure. ETF outflows are breaking a positive streak, signalling institutional selling pressure, with data showing trading volume of $1 billion over the past 24 hours, 4% higher than the day before. XRP-linked exchange-traded funds recorded a net weekly outflow of $3.56 million, marking the first withdrawal in April and breaking a two-week streak of inflows. This shift indicates intensified selling pressure from…
Yusuf Lauds Tinubu’s Leadership, Urges 2027 Re-Election Support Gov. Abba Kabir Yusuf of Kano State has described President Bola Tinubu as a committed leader delivering the dividends of democracy nationwide, calling on residents to back his re-election in 2027. Addressing a large crowd at the Government House on Saturday, Yusuf said Tinubu has made notable progress in strengthening the national economy and expanding critical infrastructure despite limited federal resources. “The President has been doing his best for this country; he has strengthened the economy and is ensuring that infrastructure reaches all zones within the resources available to the Federal Government,”…
Ethereum (ETH) price has been stable around $2050 over the past 24h, underperforming a nearly flat Bitcoin, primarily due to derivatives pressure from nearby liquidation zones.