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.

Sterling Financial Re-enters NGX at N77 After Share Reconstruction 

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Sterling Financial Re-enters NGX at N77 After Share Reconstruction Sterling Financial Holdings has completed its 1-for-10 share reconstruction and re-admitted to the Nigerian Exchange, stockbrokers said on Thursday.  Officially, the Nigerian Exchange today delisted the company’s 68.50 billion existing ordinary shares and simultaneously listed 6.85 billion reconstructed shares at a reference price of N77.00. Trading is expected to begin once the NGX opens the post-reconstruction trading window. The exercise followed shareholder approval at the annual general meeting (AGM, a High Court Order and the SEC’s no-objection, and it removed a long-standing corporate-action overhang from the stock.  Stockbrokers at Cowry Asset…

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Building Trust in the Digital Casino Marketplace: Why Reviews Matter

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Building Trust in the Digital Casino Marketplace: Why Reviews Matter New Zealand is preparing to license up to 15 online casino brands under a new regulatory system expected to be fully operational in 2027. For customers, that change adds something particularly useful to the information already surrounding an operator: another detail that can be checked independently. That matters in a market where the operator itself controls much of what appears on its website. Claims about service or reliability sit alongside customer feedback, regulatory records and independent reviews once somebody starts researching elsewhere. For digital marketers, the difference between those sources…

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Pathway Advisors Delivers Oversubscribed ₦10bn Commercial Paper for MKH Properties

Markets

Pathway Advisors Delivers Oversubscribed ₦10bn Commercial Paper for MKH Properties Pathway Advisors Limited has announced the successful arrangement and completion of the ₦10 billion Series 1 Commercial Paper (CP) Issuance by MKH Properties Limited, under the Company’s newly registered ₦30 billion Commercial Paper Programme. In an official statement, the SEC registered investment firm said the ₦10 billion Offer attracted subscriptions of ₦11.07 billion, representing 110.7% subscription, underscoring institutional investors’ strong confidence in MKH Properties’ business, growth prospects, and strategic direction. The Company will deploy the net proceeds toward working capital requirements and completing ongoing projects, supporting continued expansion and project…

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Wall Street Giants Lose Ground as Sovereign Policy, Monetary Tightening Reshape Global Banking Valuations – GlobalData

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Wall Street Giants Lose Ground as Sovereign Policy, Monetary Tightening Reshape Global Banking Valuations – GlobalData A fundamental restructuring of global banking valuations is underway as investors increasingly reward sovereign policy support, balance-sheet resilience, and aggressive shareholder distributions over traditional loan growth. Fueled by China’s aggressive recapitalization and Japan’s historic monetary tightening, Asian and select European lenders are aggressively closing the valuation gap on Wall Street’s vulnerable, investment-banking-dependent giants, reveals GlobalData, a leading intelligence and productivity platform. ICBC was the clearest quarterly winner. Its market value rose 18.9% quarter-on-quarter (QoQ) to $418.3 billion, taking it from third to second place…

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South African Rand Softens Versus Crosses, Trades at 4-Week Low

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South African Rand Softens Versus Crosses, Trades at 4-Week Low The South African Rand (ZAR) trades softer on Wednesday as global investors remain bearish on emerging market currencies amid a shift toward safe-haven assets. Oil prices remain elevated, though moderating on improved supply conditions, with the market anticipating the US Federal Reserve’s hawkish stance to soften after a weaker US jobs report. The local unit is softer on Wednesday, according to a brief released by South African First National Bank (FNB), and is trading at R16.58 against the US dollar as the rand remains under pressure. The local currency posted…

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