COMMENTARIES: LEGALITY & ENFORCEABILITY OF UNSTAMPED CONTRACTS IN NIGERIA
This article seeks to examine the legality and enforceability of unstamped contracts in Nigeria, and to state the relevant statutory provisions and their practical implications. In addition, it seeks to clarify whether non-compliance with stamping requirements merely affects admissibility in evidence or goes further to undermine the validity of the contract and to what extent such defects may be remedied.
The Great Transition: Crypto at the Crossroads of Infrastructure and Ideology
As we close out the final days of April 2026, the sentiment on the trading floor is palpable: the speculative fervour that defined the early-year rally has cooled, replaced by a calculated, breath-holding silence…
The Illusion of Stability: Davos, the IMF, and the Fracturing of the Global Economy
Trade is no longer governed by efficiency alone, but by alignment. Supply chains are being redrawn, not for cost optimization, but for geopolitical security.
Nigeria’s Resilience: When Liquidity Meets Discipline
Money market rates were relatively stable, with the Open Repo Rate (OPR) steady at 22.00%, while the Overnight rate (O/N) opened at 22.23%, peaked at 22.29% before closing at 22.20%. In the currency market, Naira traded between $/₦1,340.00 and $/₦1,361.50, before closing at $/₦1,358.44 on Friday.
Bitcoin Holds the Narrative, Ethereum Awaits Confirmation: Inside Crypto’s April Inflection
Rather than extreme volatility, the period was defined by structural repositioning, driven by institutional inflows, evolving regulatory discourse, and shifting liquidity conditions. As of the latest positioning, BTC is testing upper resistance, while ETH is building momentum toward the $2,400 pivot, placing the market at a decisive inflection point for Q2 2026.
Nigeria’s Liquidity-Driven Stability Meets Inflation Repricing
The Nigerian financial markets traded through a week defined by resilient liquidity despite inflation-led repricing pressures and cautious risk-taking across asset classes. Interbank liquidity remained structurally strong, easing from a ₦4.79trn surplus to ₦3.84trn (-22.7% WTD), while money market rates stayed anchored with OPR steady at 22.00% and O/N oscillating around 22.16%–22.35%, reflecting sustained CBN liquidity sterilisation.
The Big Bid Returns: Clarity, Capital, and Crypto’s Structural Repricing
The week opened cautiously amid Middle East tensions and oil price volatility. However, early signs of geopolitical de-escalation triggered a relief rally that quickly evolved into a short-covering squeeze. With over $300 million in short liquidations occurring within hours, BTC reclaimed above the $74,000 level, reversing early-week losses, and market sentiment improved sharply, despite the Fear and Greed Index in Extreme fear.
Nigeria’s Fixed Income and Equity Markets Consolidate Despite Global Volatility
Even as the Naira strengthened and equities edged higher, the message across markets was consistent, thereby illustrating a cycle that is no longer a panic-driven cycle, but one cautious repositioning, and capital is not fleeing risk, but repricing it with precision.
The “Peace Rally” and Regulatory Thaw
Analyst Note: A geopolitical thaw has sparked a “Peace Rally,” driving BTC above $70k as institutional flows and improving regulatory clarity signal a shift from defensive positioning to early-stage accumulation.
March 2026 ESG Review: From Policy to Practice
ESG is no longer peripheral; it is now evolving into the lens through which economic resilience, institutional credibility, and corporate competitiveness are being evaluated in Nigeria and globally…