- Senate Passes State Police Bill
- Nigeria Targets $750 Billion in Untapped Minerals With New EMERGE Programme
- S&P Cuts Nigeria’s Growth Projection, Raises Inflation Expectation
- South African Rand Stables Against Crosses Ahead of PPI Data
- AI Names Shift Global Markets Indicators, FTSE 100 Surges
- BTCUSD- Bitcoin Dips to $61.5K as Institutional Appetite Softens
- Nigeria Seeks Partnerships to Build World-Class Steel Industry
- Oil Prices Ease Near Pre-War Range as US, Russia Plan Talks
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.
The Federal Government, on Thursday, officially took over the ownership and management of the Tai Solarin Federal University of Education (TASFUED), Ijagu,n from the Ogun State Government.
The Nigerian Education Loan Fund (NELFUND) says it extends the application deadline for the 2025/2026 academic session from Jan. 31 to Feb. 27.
FCMB, FirstHoldco Drive NGX Rally, Equity Investors Gain N232bn With FCMB, FirstHoldco leading the banking sector rally, the Nigerian stock market closed in green on Thursday, recovering from price swings that plunged the local bourse the previous day. The Nigerian Exchange (NGX) benchmark index gained 0.22% to settle at 165,527.31 points, with market capitalisation rising by N232.3 billion to close at N106.0 trillion. This positive performance stemmed from price appreciation in INTBREW (+3.57%), and demand in lending tickers – FIRSTHOLDCO (+3.26%), FCMB (+4.98%), and ZENITHBANK (+0.49%). Stockbrokers reported that market sentiment was similarly positive, with market breadth settling at 1.48x…
The Federal Government (FG) has approved the construction of a ₦1 trillion Metropolitan Rail Service in Kano State
NCC Outlines Connectivity, Terrain-Related Gaps on Major Roads The Nigerian Communications Commission (NCC) says Nigeria’s major highways and intercity roads enjoy near-universal mobile coverage, with only about 0.1 per cent of surveyed routes recording complete service outages. Mr Edoyemi Ogoh, Director of Technical Standards and Network Integrity at the NCC, disclosed this on Wednesday during the virtual presentation of the Commission’s Fourth Quarter 2025 Industry Network Performance Report. Ogoh said that the results reflected steady progress in nationwide mobile deployment across trunk, primary and secondary roads, which formed the backbone of connectivity for economic and social activities. He said environmental…
NUPRC Assures Investors Transparency in 50 Oil Blocks Licensing The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has assured prospective investors of a transparent, merit-based, and competitive process for Nigeria’s 2025 Oil and Gas Licensing Round. The commission said that only applicants with strong technical, financial credentials, professionalism, and credible plans would proceed to the critical stage of the bidding process. The commission Chief Executive, Mrs Oritsemeyiwa Eyesan, gave the assurance on Wednesday while speaking at a Pre-Bid Webinar organised by the commission. NUPRC on December 1, 2025, inaugurated Nigeria’s 2025 Licensing Bid Round, offering 50 oil and gas blocks across…
U.S. President Donald Trump has dismissed concerns that the value of the U.S. dollar has declined too much, arguing instead that the currency has been doing “great.”
S&P 500 earnings are projected to grow 15.5% in 2026 to $314 per share, according to analyst estimates …
Nigeria Customs Revenue Hits NGN7.28trn in 2025 The Nigeria Customs Service (NCS) revenue collections for 2025 surpassed the target by 10% to close the year at ₦ 7.28 trillion, its chief said. Adewale Adeniyi, Comptroller General of the Service, gave the scorecard at an event to mark the 2026 World Customs Day on Monday, explaining that revenue exceeded the earlier projected ₦6.5 trillion. Adeniyi noted that last year showed very clearly what “protecting society” looks like in the real world. While speaking further, he noted that officers of the Command uncovered 16 containers of contraband goods in the period under…
Africa’s Economic Outlook to Remain Solid in 2026 – UN Report The Economic Commission for Africa (ECA) today launched the United Nations flagship World Economic Situation and Prospects 2026 (WESP 2026) report at its headquarters in Addis Ababa, highlighting a modest improvement in Africa’s growth outlook. According to the report, economic growth in Africa is projected to rise to 4.0 per cent in 2026 and 4.1 per cent in 2027, up from 3.5 per cent in 2024 and 3.9 per cent in 2025. The acceleration reflects greater macroeconomic stability in several large economies, supporting investment and consumer spending. Speaking at…