IMF Reports Rising Use of Stablecoins in Nigeria as Crypto Inflows Hit $59 Billion
The International Monetary Fund (IMF) has revealed that more Nigerians are turning to U.S. dollar-backed stablecoins and digital payment platforms ...
Tag: cryptocurrency
Flutterwave Targets Africa’s Financial Future with Stablecoin-Powered Payment Network
Founder and Chief Executive Officer of Flutterwave, Olugbenga “GB” Agboola, has revealed the company’s long-term vision to become Africa’s financial ...
IMF Urges Nigeria to Tighten Regulation of Stablecoins and Cryptocurrency Activities
The International Monetary Fund (IMF) has advised Nigeria to strengthen its oversight of stablecoins and other cryptocurrency-related activities to prevent ...
Nigeria’s Web3 Funding Doubles to $43m in 2025
Nigeria's Web3 ecosystem recorded a significant rebound in 2025, with startups in the sector raising $43 million double the previous ...
Ethereum Exchange Outflows Surge Signals Investor Strategy Shift
Cryptocurrency markets are showing a significant change in asset flows. Investors pulling 330K ETH worth $660 million from exchanges reflects ...
Nigeria’s Crypto Crackdown Reshapes a Billion-Dollar Market
The strategic retreat of homegrown crypto exchange Quidax from peer-to-peer (P2P) trading marks a pivotal moment in Nigeria’s fraught relationship ...
Court Dismisses Ex-Binance Executive’s Unlawful Detention Claim Against EFCC and NSA
The Federal High Court in Abuja on Thursday dismissed a compensation suit filed by former Binance Head of Financial Crime ...
Crypto Market Shows Signs of Stability Amidst Fragile Conditions
The cryptocurrency market is experiencing a mild recovery, with Bitcoin climbing back above $87,000, following dovish signals from the U.S. ...
Oyedele Reveals Virtual Currency Gains Now Liable to Tax in Nigeria
Taiwo Oyedele, Chairman of the Presidential Fiscal Policy and Tax Reforms Committee, recently revealed that Nigeria’s new tax law will ...
MicroStrategy Strengthens Crypto Shield: How Its Bitcoin Strategy Could Dodge Forced Liquidation in the Next Bear Market
The company MicroStrategy has built up a remarkable position: holding around 641,205 Bitcoin, worth an estimated $64 billion. This large ...
