Capital Market
On-Chain Metrics Suggest Bitcoin Near Key Accumulation Zone
Technical indicators derived from blockchain data suggest Bitcoin may be approaching a valuation range historically associated with long-term buying opportunities.
Analysts highlight the Market Value to Realized Value ratio, which currently positions a critical support band close to $52,000. Previous market cycles show the cryptocurrency often stabilised near this threshold during bearish phases.
Historical patterns indicate that MVRV readings below one typically coincide with periods of capitulation, when long-term holders accumulate assets at discounted levels.
Market observers also note that Bitcoin’s four-year halving cycle remains intact, with current price behaviour resembling earlier post-halving corrections rather than structural market weakness.
Although such models cannot guarantee price floors, they provide investors with data-driven reference points based on past cycles and on-chain valuation trends.
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DMO Floats N600bn Reopened Bonds as Yields Hit 22.60%
The Debt Management Office (DMO) has launched a fresh N600 billion bond auction on behalf of the Federal Government, offering investors yields of up to 22.60 per cent amid Nigeria’s persistently high interest rate environment. The auction, taking place on Monday, features two reopened Federal Government bond instruments with settlement scheduled for May 20, 2026.…
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Nigeria Must Shift From Borrowing to Sustainable Growth – Oyedele
The Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, has warned that Nigeria can no longer depend on borrowing as its main source of development financing, stressing the need for a stronger and more sustainable fiscal system. He made the remarks at the 28th Annual Tax Conference of the Chartered Institute of…
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Banking Industry Needs Ethical Reset to Restore Trust and Stability – Olanrewaju
The Chartered Institute of Bankers of Nigeria (CIBN) has raised concerns over rising insider-related fraud in the banking sector, warning that weakening ethical standards in recruitment and operations is exposing financial institutions to greater risks. It called for urgent reforms to restore professionalism, integrity, and public confidence in the industry. Speaking at the 2026 Annual…
