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.

Nigeria Endorses Proposed AU’s Institutional Reforms Nigeria has endorsed the proposed institutional reforms in the African Union with a focus on peace, security, governance, and strengthening democratic institutions. This is contained in a statement by Amb. Yusuf Tuggar, Minister of Foreign Affairs and issued on Sunday in Abuja by Kimiebi Ebienfa, spokesperson of the ministry. The statement was issued against the backdrop of the ongoing 39th Ordinary Session of the Assembly of Heads of State and Government in Addis Ababa, Ethiopia. Ebienfa quoted Tuggar as saying that Nigeria also pledged to ensure stronger cooperation with international financial institutions and the…

Read More

XRP Gains 3.3% as Capital Flows Back into Crypto Ripple (XRP) gained 3.3% in 24 hours, trading at $1.40 as capital began to flow back into cryptocurrencies. The altcoin is closely tracking a broader market rally but slightly underperforming Bitcoin’s 3.84% gain. A slew of crypto analysts highlighted that XRP’s trajectory is being shaped by concrete institutional adoption and proactive regulatory engagement, moving beyond speculative narratives. Based on trading data from exchanges, the total crypto market cap increased 3.36% in the last 24 hours, with Bitcoin leading at +3.84%. XRP’s +3% move is directionally aligned and within a typical beta…

Read More