- South African Rand Softens as Markets Digest US Economic Data
- Abia, Investors Partner on $145m Solar Manufacturing Plant
- Earnings Surged as Subscribers Watch Netflix for 97 billion Hours
- Oil Prices Edge Higher Over Escalating US-Iran Conflict
- US, European, Asian Equities Mixed – Alphabet Compounds Sell Pressure
- 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
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.
Renaissance Hails NUPRC As Company’s Gas Production Hits 2.2bcf Renaissance Africa Energy Company Nigeria Ltd has commended the regulatory reforms of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), praising the Commission for driving its recent production growth, including a record 2.2 billion cubic feet (bcf) of gas output. The company’s Managing Director and Chief Executive Officer, Chief Tony Attah, made this known during a courtesy visit to the Commission’s headquarters in Abuja to mark its one-year anniversary. Specifically, the CEO of Renaissance expressed appreciation for the Commission’s regulatory support, noting that the enabling environment has been critical to the company’s…
XRP price rose by 3.23% over the last 24 hours, reaching $1.35, driven by optimism over Ripple’s partnership with Convera and recent regulatory developments.
Ripple (XRP) climbed to $1.34 after hitting $1.30 on Tuesday as Ripple announced a collaboration with Convera to deliver stablecoin-enabled cross-border payments and treasury solutions for businesses.
GTCO Declares N11.76 as Final Dividend for 2025 Guaranty Trust Holding Company Plc (GTCO) has reported a profit after tax of N865.75 billion for the 2025 financial year and declared a final dividend of N11.76 per share. The group disclosed this in its audited results for the year ended Dec. 31, 2025, filed with the Nigerian Exchange Group and the London Stock Exchange. Profit before tax stood at N1.23 trillion, supported by growth in core earnings, with interest income and fee income rising by 23.2 per cent and 25.9 per cent year-on-year, respectively. The company noted that the 2024 performance,…
With an allotment of about N854 billion, the Central Bank of Nigeria (CBN) floated N600 billion in OMO bills for subscription at the primary market auction on Tuesday.
GCR Ratings has upgraded Coronation Group Limited’s (CGL) national scale long and short-term issuer ratings to A-(NG) and A1(NG), respectively, from BBB+(NG) and A2(NG) previously.
Ripple (XRP) price declined by 3.49% to $1.31 over the past 24 hours, amidst a surge in trading volume on Tuesday. With the broader market moving lower, XRP underperforms amid macro-driven risk aversion and a lack of immediate bullish catalysts.
The Nigerian Exchange (NGX) All-Share Index (ASI) declined at the start of the trading session amid investor portfolio rebalancing ahead of Q1’s close.
Zenith Bank, Ford Foundation Honour Unsung ‘Sheroes’ with Inaugural Woman of Power Award On Saturday, March 28 2026, Zenith Bank held the climax of its month-long activities to commemorate March as Women’s Month. The event, which was held at The Civic Centre, was the second of its kind at the Centre, following the International Women’s Day Seminar on the 9th of March, 2026. The event was to honour and award exceptional women who have shown resilience in their communities and whose vocation has impacted lives sustainably. Speakers eulogised Zenith Bank for its people-centred activities and appreciated the Ford Foundation for…
The Debt Management Office (DMO) is scheduled to conduct its monthly Federal Government Bond auction today with three reopening instruments worth N750 billion.