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- African Traditional Medicine Key to Universal Health Coverage – WHO
- Just In: Nigeria’s GDP Grows by 4.4% in Q2 2026
- Oil Tops $90 as Iran Retaliates Against U.S. Strikes
- Global Equities Markets Open Bearish over Fed Hawkish Tone
- Moody’s Changes Nigeria’s Credit Rating Outlook to Positive
- Investors Trim Nigerian Bond Holdings Over Shrinking Rates
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 South African Rand is holding up well against major crosses, including the US dollar, Euro and British Pound (GBP), following yesterday’s rally, First National Bank (FNB) said in its daily market insight on Thursday.
The Central Bank of Nigeria (CBN) sliced spot rate on Nigerian Treasury bills (NTB) with 182-day and 364-day tenors, reflecting the authority’s move to reduce borrowing costs.
Nairobi Stock Exchange (NSE) Index climbed on Wednesday as Kenya Airways (7.7%), Umeme Ltd (7.6%), Unga Group (6.6%), Sasin (5.8%) and Kenye Re (5.5%) were the top gainers in the list.
Standard Chartered Bank Nigeria has emerged as the number one Mergers and Acquisitions (M&A) Financial Adviser by deal value in West Africa.
Privacy token Zcash is up 25.06% to $331.25 over the past 24h, dramatically outperforming the broader crypto market rally, primarily driven by a geopolitical ceasefire that sparked a risk-on surge and a major short squeeze.
FTSE Russell keeps Egypt in view for possible reclassification to frontier market (FM) status, an official note following its March review highlighted.
Bitcoin (BTC) is up 5.2% to $71.8k over the past 24h, outperforming a broadly rising market, driven by a geopolitical relief rally following a US-Iran ceasefire.
Ripple (XRP) is up 5.09% to $1.38 over the past 24h, slightly outpacing a broad market rally and primarily driven by a risk-on surge following a US-Iran ceasefire agreement.
Pension Assets Hit N29.43trn in February, Up by N1.39trn Nigeria’s pension assets rose to N29.43 trillion in February, representing a month-on-month increase of N1.39 trillion. This is according to data released by the National Pension Commission (PenCom). The latest figure represents the strongest monthly expansion recorded since the introduction of the Contributory Pension Scheme (CPS) over two decades ago, surpassing the previous high of N1.18 trillion posted in January 2024. PenCom data showed that total assets grew from N28.04 trillion in January, driven largely by fresh inflows and valuation gains, particularly in the equities segment. Investment in domestic equities rose…
Ghana Stock Exchange Rebounds, Total, GCB Lead Gains The Ghana Stock Exchange (GSE) rebounded in Tuesday’s session, with both benchmark indices closing higher on the back of renewed buying interest, according to SIC Brokers Limited. TotalEnergies Marketing Ghana and GCB Bank drove momentum as the Ghana bourse reopened trading activities on Tuesday. The firm reported that the GSE Composite Index (GSE-CI) advanced 0.31% to 13,081.19 points, while the GSE Financial Stocks Index (GSE-FSI) gained 0.48% to 7,931.48 points, reflecting improved sentiment across key counters. On the price movers’ front, gains were led by TOTAL, rising by GH¢2.56 to GH¢37.20 and…