LAGOS, June 16 (Reuters) - Nigerians are increasingly turning to U.S. dollar-pegged digital tokens, or stablecoins, to move ...
By Andrea Shalal and Rodrigo Campos WASHINGTON, June 15 (Reuters) - The world economy is weathering the shock of the war in ...
The International Monetary Fund (IMF) has cautioned Nigeria against delays in budget approval and the practice of overlapping ...
Efforts to suppress stablecoin use are “likely to be only partly effective,” the International Monetary Fund’s researchers ...
The International Monetary Fund (IMF) has warned that the growing use of US dollar-denominated stablecoins in Nigeria could ...
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Nigerians are increasingly using digital dollars. The IMF says that could become a problem for the naira
Millions of dollars are moving into and out of Nigeria through smartphones, digital wallets, and dollar-backed crypto assets, ...
The International Monetary Fund (IMF) says Nigeria accounts for about 60 percent of stablecoin inflows into sub-Saharan ...
Nigeria's growing use of dollar-pegged stablecoins is reshaping how households and businesses move money across borders, ...
IMF says rising debt service costs are limiting Nigeria’s ability to fund health, education and social welfare.
IMF warns Nigeria's $22 billion stablecoin market risks undermining monetary sovereignty, says suppression efforts will be ...
The International Monetary Fund (IMF) has warned that the growing use of U.S. dollar-denominated stablecoins in Nigeria could weaken demand for the naira and reduce the effectiveness of the country's ...
If adopted, the proposal could increase fuel prices as well as airtime and data costs for consumers. The IMF also urged caution, warning that worsening poverty and food insecurity must be considered ...
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