IMF Flags Nigeria’s Crypto Growth as FX Stability Risk

The International Monetary Fund (IMF) has issued a fresh warning about Nigeria’s rapidly growing crypto sector, cautioning that increased digital asset usage could pose significant risks to the country’s efforts to stabilize its foreign exchange (FX) market.

May 15, 2025

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Nigerian Exchange Roqqu Acquires Kenyan Startup PesaLinker

Nigerian crypto exchange Roqqu has officially acquired Kenyan fintech startup PesaLinker, marking a major milestone in its plan to expand across Africa and establish a stronger presence in the East African digital finance ecosystem.

June 10, 2025

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cNGN: Nigeria’s Compliant Stablecoin Bridging Crypto and Traditional Finance.

Nigeria’s digital finance landscape is undergoing a strategic transformation with the rise of cNGN, a naira-backed stablecoin developed by regulated financial institutions under the Africa Stablecoin Consortium (ASC).

May 20, 2025

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