- Oil Tops $90 as Iran Retaliates Against U.S. Strikes
- Global Equities Markets Open Bearish over Fed Hawkish Tone
- Moody’s Changes Nigeria’s Credit Rating Outlook to Positive
- Investors Trim Nigerian Bond Holdings Over Shrinking Rates
- Money Market Liquidity Tightens as CBN Steps Up OMO Actions
- XRP Falls as Ripple Prime Opens Wall Street Swap Desk
- Cardano Price Falls to $0.20 on Altcoin Sell Pressure
- Fitch Affirms France at ‘A+’ with Stable Outlook
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.
Persistent volatility over the United States (US)-Iran ceasefire and higher-than-expected US inflation rippled through global markets, with Wall Street closing mixed.
Nigeria’s Yields slipped in the secondary market for government short- and long-term borrowing instruments as investors circled around naira assets ahead of the release of inflation data.
Asked what message he had for Xi regarding the war, Trump said the two would have “a long talk” about it. “I think he’s been relatively good, to be honest with you,” Trump told reporters.
The Nigerian financial system liquidity spiked more than 40% following a significant OMO bill repayment by the Apex Bank to eligible investors on Tuesday.
Ripple’s XRP price fell about 2.5% to $1.44 after a failed attempt to break through resistance. The token reflected a negative trading pattern in the crypto market.
NBET Finance Company Plc has listed N500 billion fixed rate bonds on the FMDQ Exchange, according to an official statement.
The Central Bank of Nigeria (CBN) floated a fresh OMO bill for subscription on Tuesday, aiming to raise N600 billion across three tenors.
FirstHoldco Plc’s market value fired up in the stock market, gaining about 17% in two days as investors positioned in the financial services company.
Minister of Finance and Coordinating Minister of the Economy, Mr Taiwo Oyedele, said that the ongoing tax reforms were designed to build a global, competitive, equitable and fiscally sustainable economy.
Egypt Prime Minister Mostafa Madbouly on Tuesday instructed officials to begin preparations for introducing electric vehicles into the government fleet as the country is stepping up its transition to sustainable transport.