- Pi Network Climbs on Onboarding Progress, Protocol Upgrade
- Nearly 60% of US Adults Can’t Cover a $1K Emergency Expense – Report
- CBN Cuts Interest Rate by 3.50% as Monetary Easing Begins
- NVIDIA Tokenised bStocks Rises on Holders’ 5x Leverage Boosts Bets
- Chief Economists Expect Global Economy to Stabilise
- Ethereum Tops $2.74K as Binance ETH Withdrawal Hits 3Y High
- XRP Tops $1.52 as Ripple, Absa Launch Bank-Grade Crypto Custody
- Crude Oil Prices Surge as Saudi, Supply Concerns Weigh
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.
South African Rand came under pressure on Tuesday as a worsening global energy crisis
Ripple (XRP) price climbed near $1.40 on Tuesday as the Digital Asset Market Clarity Act faces a crucial vote
The Federal Government (FG) has raised about N1.23 trillion through two bond issuances to tackle N4 trillion legacy debt owed to electricity Generation Companies (GenCos).
Nigeria Debt Management Office (DMO) raised N288 billion from a 10-year bond introduced at its September 2026 primary market auction at the spot rate of 16.79%.
J.P. Morgan Lists FGN bonds in New Emerging Markets Bond Index J.P. Morgan, which manages the world’s most widely tracked emerging markets bond indices, has announced the inclusion of selected Federal Government of Nigeria (FGN) Bonds in its newly introduced Government Bond Index–Emerging Markets Edge (GBI-EM Edge), a benchmark tracking local-currency government debt across frontier emerging markets. The inclusion reflects the impact of the government’s economic reforms, including the stabilisation of the naira, the clearance of the foreign exchange backlog, and broader improvements in GDP growth and inflation, which have strengthened investor confidence in Nigeria’s domestic debt market. J.P. Morgan…
XRP Up 4% as Ripple Targets $13T Treasury Market with RLUSD XRP price rose by approximately 4% to $1.39 on Monday, significantly outperforming Bitcoin’s +1.2% move, primarily driven by anticipation of a key U.S. regulatory vote. The token climbed as traders’ position ahead of U.S. Senate cloture vote on the CLARITY Act vote scheduled for Sept 15. The bill aims to clarify digital asset regulations, and its advancement is seen as a major positive for XRP, which gained regulatory clarity last year. Traders are front-running the potential for a short squeeze, with analysis noting $9.46 million in XRP shorts are…
SpaceX Tokenized bStocks Climbs on Broader Market Rally SpaceX Tokenized bStocks (SPCXB) price climbed 0.35% to $149.25 on Monday, moving modestly higher in a broader crypto market that gained 1.43%. This small drift appears primarily driven by a low-beta move with the wider market, as no clear coin-specific catalyst was visible in the provided data. SPCXB’s 0.35% gain trailed Bitcoin’s 1.86% rally and the total crypto market’s 1.43% rise over the same period. This indicates the token is moving with general market sentiment but exhibits lower volatility and sensitivity (beta) compared to major cryptos. The token’s price action is currently…
NVIDIA Tokenized Stock Dips after Call to Slowdown AI NVIDIA Tokenized Stock (Robinhood) is down 1.71% to $210.92 in 24h, underperforming a rising crypto market, primarily driven by a sector-wide sell-off in AI and semiconductor stocks. Leading AI CEOs, including Anthropic’s Dario Amodei and OpenAI’s Sam Altman, publicly called for a coordinated slowdown in frontier AI development over the weekend, citing safety risks. This rare consensus spooked investors who have fueled the AI capital expenditure boom, directly hitting semiconductor stocks like Nvidia. The move reflects a sudden repricing of growth expectations for the AI hardware sector, not a fundamental change…
The Debt Management Office (DMO) is scheduled to conduct its monthly Federal Government
Ripple (XRP) price inched up 0.77% to $1.38 on Monday ahead of the CLARITY Act,