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.

How Africa’s Sports Betting Markets Compare Globally Africa is one of the world’s largest and fastest regional markets in the global sports betting business. High interest in football and the increasing adoption of mobile internet, has seen the number of bettors in Africa explode in recent years. The total sector is estimated to be worth some $7 billion a year according to the latest data. Some 400 million Africans place bets regularly, with South Africa and Nigeria being the largest regulated markets. Yet still, these markets remain quite different to global big players like the UK, the US and Canada.…

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Cardano Price Rises 5% as RealFi Testnet Launch Drives Optimism Cardano price (ADAUSD) is up about 5% over the past 24 hours to $0.176, significantly outperforming the broader market recovery, primarily driven by anticipation of major network upgrades. Its trading volume increased by more than 18% in the last 24 hours, with transaction value settling at around $660 million, according to data from cryptocurrency exchanges. This has boosted Cardano market capitalisation to $6.5 billion, and the bullish signal remains strong. Upcoming Cardano protocol upgrades, including the RealFi Testnet launch on July 6 and the imminent “van Rossem” hard fork (Protocol…

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