Julius Alagbe

Economics. Finance. Data
I know nothing about nothing but I love to use data to cause trouble.

Publisher MarketForces Africa

[Julius Alagbe @IntelligentUnit]

The naira rebounded at the official window on Thursday as higher US dollar supply reduced the negative effects of rising seasonal demand for international payments.

https://t.co/VWOvezEy23

#Naira

[Julius Alagbe @IntelligentUnit]

President Bola Tinubu says his administration’s economic reforms are yielding positive results, with non-oil activities now accounting for about 96 per cent of Nigeria’s Gross Domestic Product (GDP).

https://t.co/i2UpAd9PMG

[Julius Alagbe @IntelligentUnit]

Equities investors gained more than N328 billion on the Nigerian Exchange (NGX) as Seplat, Stanbic IBTC, and Champion Breweries attracted attention on Thursday.

https://t.co/2bZ70dEERr

#Equitymarket #stockmarkets

[Julius Alagbe @IntelligentUnit]

The African Export-Import Bank (Afreximbank) says its African Sub-Sovereign Governments Network (AFSNET) has facilitated investment opportunities worth more than $3 billion across 21 African countries, including Nigeria, over five years.

https://t.co/PSBxg0ZoK1

#Afreximbank

[Julius Alagbe @IntelligentUnit]

The Bayelsa Government and US-based energy company Fulcrum LNG Incorporated on Thursday sealed a partnership to build a multi-million-dollar gas-gathering and processing facility in the state.

https://t.co/jIObDNbLlO

#BayelsaGovernment

[Julius Alagbe @IntelligentUnit]

An investigator with the Economic and Financial Crimes Commission (EFCC), Mr Alvan Gurumnaan, told an Ikeja Special Offences Court on Thursday that the embattled Former Governor of the Central Bank of Nigeria

https://t.co/1pwOzTm13y

#Emefiele #EFCC #CBN

[Julius Alagbe @IntelligentUnit]

NVIDIA (NASDAQ: NVDA) has named Colette Kress as its new chief executive, effective immediately, after Jensen Huang resigned as President, CEO, and Board member over alleged affairs.

https://t.co/STtySBreMy

#NVIDIA #JensenHuang #ColetteKress

[Julius Alagbe @IntelligentUnit]

South African Rand (ZAR) weakened against trading pairs in the forex market on Thursday as global commodity prices fell amid a stronger US dollar.

https://t.co/ozIYf0Ktwg

#SouthAfricanRand

[Julius Alagbe @IntelligentUnit]

US and European stocks gained momentum on AI optimism; earnings expectations boosted demand for risky assets on Wednesday.

https://t.co/5zhKicyE33

#GlobalMarkets

[Julius Alagbe @IntelligentUnit]

Ripple (XRP) declined to $1.04 in 24 hours, while Bitcoin is slightly up and the broader market is nearly flat, suggesting XRP is underperforming rather than simply tracking market beta.

https://t.co/jIObDNbdwg

#XRP #Ripple

[Julius Alagbe @IntelligentUnit]

The U.S. Energy Information Administration (EIA) raised its oil price forecasts for a fourth consecutive month as falling global inventories and continued disruptions to oil production and shipping in the Middle East

https://t.co/mDfyKKYBVv

#oilprice #EIA

[Julius Alagbe @IntelligentUnit]

Crude oil production by the Organisation of the Petroleum Exporting Countries (OPEC) rose by approximately 1.97 million barrels per day (mbpd) in October

https://t.co/Ff77ePcpnL

#CrudeOil #OPEC

[Julius Alagbe @IntelligentUnit]

Investors priced Access Holdings Plc’s 54.375 billion outstanding shares at N1.473 trillion on Wednesday as sell pressure widened the financial services company’s losses.

https://t.co/v1xxZvzyUg

#AccessHoldings

[Julius Alagbe @IntelligentUnit]

FirstHoldco Plc’s 45.475 billion outstanding shares have dropped to N4.68 trillion after a significant pump-up that lifted the financial services group’s market value to N7.5 trillion

https://t.co/1dYzewycU8

#FirstBankngr #FirstHoldco

[Julius Alagbe @IntelligentUnit]

A Federal High Court in Lagos will hear a pending application on Feb. 9, 2027, in a two billion Naira suit filed by a media company against Lotus Bank.

https://t.co/106xUsUVlI

#LotusBank

[Julius Alagbe @IntelligentUnit]

Nigeria produced an average of 1.687 million barrels of crude oil and condensate per day in October 2026, the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has said

https://t.co/H1GOnDPenS

#CrudeOilProduction #NUPRC

[Julius Alagbe @IntelligentUnit]

The naira depreciated strongly against the US dollar in the Nigerian foreign exchange market (NFEM) on Wednesday as pressure on the local currency deepened.

https://t.co/Fm2EaKuZ0f

#Naira

[Julius Alagbe @IntelligentUnit]

The African Export-Import Bank (Afreximbank) has committed a US$75 million finance facility to the Development Bank of Nigeria (DBN) to expand access to finance for Nigerian small and medium-sized enterprises (SMEs)...

https://t.co/w7Y08eEcWJ

#Afreximbank #DBN

[Julius Alagbe @IntelligentUnit]

The Central Bank of Nigeria (CBN) repriced the 364-day Treasury bill rate at the midweek auction to 15.89%, with total subscriptions exceeding N1 trillion.

https://t.co/kDGRFGpwxf

#TreasuryBill

[Julius Alagbe @IntelligentUnit]

Equities investors lose N193 billion as selloffs persist on the Nigerian Exchange (NGX), dragging year-to-date returns lower on Wednesday.

https://t.co/iDDvXGlNLv

#NGX #Stockmarket