Author: Olu Anisere

Wall Street Bets Drive Crypto Market Shift, Tokenisation Opens New Frontier Unlike previous bull markets that relied heavily on retail speculation, today’s market is increasingly influenced by regulated investment products, professional asset managers and long-term capital allocation decisions. Bitcoin remains the primary beneficiary of institutional demand, while Ethereum continues attracting investors interested in blockchain innovation. XRP, meanwhile, is carving out a distinct role through enterprise payments and financial infrastructure. Although cryptocurrency markets remain volatile, analysts agree that institutional participation is likely to remain one of the strongest long-term drivers of digital asset adoption. The renewed interest marks a significant shift…

Bitcoin ETFs Attract Fresh Investor Funds, Institutional Demand Rebounds Bitcoin exchange-traded funds (ETFs) continued to attract fresh investor capital this week, signalling renewed institutional interest in the world’s largest cryptocurrency even as market participants remain cautious about price volatility and broader economic risks. Price is hovering above $66k after a failed attempt to top $68 on Wednesday, with substantial volume and transaction growth. Data compiled by Farside Investors showed that U.S. spot Bitcoin ETFs recorded a combined net inflow of about $69.1 million on July 22, extending a recent run of positive flows. The inflows followed approximately $203.2 million in…

Transnational Corporation Plc’s earnings per share (EPS) shrank in the first half of 2026 due to a 17% year-on-year decline in profitability to N54.4 billion, its unaudited financial statement revealed.

Led by US and European indices, the global markets edged higher as investors piled into chipmakers on AI trade conviction, with Anthropic doubling down on mid-term spending to $40 million to advance AI regulation. 

FirstHoldco Plc slipped in the stock market due to moderate profit-taking, as investors begin to look more closely at the financial services company’s earnings quality.

Financial system liquidity surged by about 72% to N3.10 trillion, supported by N1.46 trillion in inflows from matured OMO bills that were not refinanced by the Apex Bank.

External Reserves Stand at $52bn – Cardoso The Governor of the Central Bank of Nigeria (CBN), Yemi Cardoso, says Nigeria’s foreign exchange reserves has presently risen to 52.52 billion dollars. Cardoso said this on Tuesday in Abuja, while presenting a communique issued at the end of the 306th meeting of the apex bank’s Monetary Policy Committee (MPC). He had earlier announced the decision of the MPC to retain the Monetary Policy Rate (MPR) at 26.5 per cent. The committee also retained the Standing Facilities Corridor around the MPR at +50/-450 basis points. Cash Reserve Requirement (CRR) for Deposit Money Banks…

The naira gained against the US dollar at the Nigerian foreign exchange market (NFEM) amidst growing optimism about the nation’s expanding gross external reserves.

Up 5%, XRP price is hovering around $1.15 on Tuesday, outperforming a broader market rally

Global Hunger Declines Across Continents, Trade Risks Loom- UN The UN on Tuesday said global ​hunger had declined for the third consecutive year in 2025, with improvements recorded across every continent. The United Nations report said mounting risks from climate ‌shocks and trade disruption could threaten further progress. According to the State of Food Security and Nutrition in the World report, jointly prepared by five UN agencies, around 645 million people, or 7.8 per cent of the world’s population, experienced hunger in 2025. It said down from 8.1 per cent in 2024 and 8.6 per cent in 2022. While progress…