The global cryptocurrency market capitalization stands at $2.56 trillion. Market dynamics remain mixed; a mid-month push saw Bitcoin (BTC) test local resistance above $82,000, before settling into its current consolidative range of $76,000 – $77,500…
Despite its debut launch in 2009, they have evolved into critical financial infrastructure, functioning as liquidity engines, institutional gateways, derivatives hubs, custody providers, and increasingly, regulated bridges between traditional finance and tokenized capital markets.
The fixed-income secondary market delivered a mixed performance over the week. T-bills attracted strong demand across several maturities, particularly observed at the 1-year (06-May-27, 17-Dec-26, and 23-Jul-26) bills, while pockets of selling interest emerged in select tenors, including the 25-Mar-27, 03-Dec-26, and 21-Jan-27 bills.
BTC remained the undisputed centre of this transition. Trading largely between $79,700 and $81,500 during the review period, the asset demonstrated a resilience that would have been unthinkable in previous cycles. Despite renewed inflation concerns and a hawkish tone from the Federal Reserve, BTC has sustained support above the $80,000 threshold…
From generative AI systems and autonomous vehicles to defence systems and hyperscale cloud infrastructure, the global AI boom is accelerating demand for increasingly advanced chips. At the centre of this transformation lies one of the world’s most complex manufacturing technologies: Extreme Ultraviolet (EUV) lithography…
The secondary market traded mixed but mildly bullish. Yields briefly rose toward 17.00% on sell pressures before easing to around 16.85%–16.95% on select FGN bonds, as demand improved. T-bills yields moderated toward the 15.80%–16.10% range after the bullish NTB auction outcome, while selective buying interest supported lower yields across key 2027–2035 bond maturities…
The age of Africa’s exchanges highlights endurance through political transitions, economic cycles, and structural reforms. However, longevity has not consistently translated into scale.
Flows into regulated investment vehicles, particularly spot Bitcoin Exchange-Traded Products (ETPs), appear to have supported upward price momentum during the week. This underlines an increasingly evident structural shift: crypto markets are now more sensitive to capital allocation trends than to retail-driven narratives alone…
Nigeria’s largest corporates and financial institutions, the ESG “first movers,” are not yet reporting at scale. Instead, they are interrogating their own systems: conducting readiness assessments, reviewing internal controls, and identifying data gaps…
The secondary market trading was range-bound but uneven. T-bills held around 16.47%–16.50% as selective buying (Jun-26, Nov-26, Feb-27) met profit-taking, keeping yields anchored. OMOs stayed elevated at ~19.80%–20.40%. FGN bond yields drifted up into the high-16s, led by selling in the 2031–2034 belly, while demand in 2027–2030 and the long end tempered the bearish move…
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.
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…