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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.
Zenith Bank Plc’s market capitalisation surged sharply to a new 12-month high on the Nigerian Exchange (NGX) as investors increased bets in the local lender.
The Central Bank of Nigeria (CBN) allotted OMO bills with 8 days expiration to eligible investors who participated in the open market operation on Monday.
Zenith Bank, Access Holdings, GTCO, and UBA drove momentum in the Nigerian stock market on Monday as investors entered positions before the top-tier-1 lender earnings release.
The Central Bank of Nigeria (CBN) came to the market on Monday to sell OMO bills as part of efforts to reduce excess liquidity in the money market.
Tax: Integration of Technology in Revenue Systems Critical- Adedeji The Executive Chairman of the Nigeria Revenue Service (NRS), Mr Zacch Adedeji, says integration of technology in revenue systems is critical to reforming the country’s tax administration. Adedeji said this during the Federal Capital Territory Internal Revenue Service (FCT-IRS) stakeholder engagement forum on Monday in Abuja. The theme of the event is “Harmonising revenue systems and implementing new tax laws.”. He was represented by the Executive Secretary, Joint Revenue Board, Mr. Olusegun Adesokan. He said that technology had a vital role to play in the new tax laws because it would…
The euro hovered around $1.1850 on Monday, staying close to a four-year peak above $1.20 reached in late January, supported by signals that the European Central Bank (ECB) is largely comfortable with the currency’s recent strength.
Sterling Financial Holdings Company Plc has confirmed that its core banking subsidiaries, The Alternative Bank (AltBank) and Sterling Bank,
Ripple, XRP, is tracking lower on Monday, down 2.04% to $1.49 in 24 hours, underperforming a slightly weaker broader market, primarily driven by a concentrated sell-off on a major exchange.
Nigeria’s headline inflation rate dropped to 15.10% in January, the consumer price index data released by the statistics office on Monday has revealed.
The Central Bank of Nigeria (CBN) will open treasury bills for investors’ subscription on Wednesday with a total offer size of N1.15 trillion.