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CLARITY Act to set aside $150M for crypto fraud investigations
The Digital Asset Market Clarity Act has secured a $150 million allocation for law enforcement efforts targeting cryptocurrency scams and other digital asset crimes, according to U.S. Senator Cynthia Lummis. In a post published on X on June 16, the…
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Nigerians Turning To Stablecoins For Remittances Amid $59bn Crypto Inflows —IMF
The International Monetary Fund has said Nigerians are increasingly using U.S. dollar–pegged stablecoins, digital wallets and smartphones to send and receive money acro...
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British Council Reinforces Creative Sector Support as Film Lab Africa Enters Production
The British Council has reaffirmed its commitment to Africa’s creative industry as the second phase of Film Lab Africa enters production, with seven anthology pilot...
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Why I abandoned plans to ‘japa’ – Fekomi CEO
By Enitan Abdultawab The Chief Executive Officer of Fekomi Bitters, Adefemi Komiyo, has explained why he abandoned plans to relocate abroad, saying his experience during ...
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Ripple Invests in Flutterwave’s Series E To Expand Stablecoin Payments Across Africa
Flutterwave, Africa’s leading payments infrastructure company, has secured a strategic investment from blockchain payments firm Ripple as part of its ongoing Series E f...
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IMF warns rising stablecoin use could weaken Naira demands
The warning comes as Nigeria continues to rank among the world's largest crypto markets.
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NCC begins review of mobile termination rates after eight years
The Nigerian Communications Commission (NCC) has commenced a comprehensive review of Mobile Termination Rates (MTR), eight years after the current rates were introduced i...