The IMF reports that Nigeria leads sub-Saharan Africa in stablecoin inflows, accounting for about 60% since 2019, with $59 billion in crypto inflows from July 2023 to June 2024. Stablecoins, mostly pegged to the U.S. dollar, enable faster, cheaper cross-border payments and remittances, benefiting households and small businesses. However, the IMF warns this trend may weaken demand for Nigeria's naira and complicate monetary policy, while also posing risks like money laundering due to limited oversight. Nigeria is responding with proposed regulations to license crypto operators and improve monitoring, aiming to balance innovation with financial stability and security.
Radware introduced AI Xploit Shield, a new AI-driven service that rapidly protects applications and APIs from exploitation of newly discovered vulnerabilities. This service addresses the shrinking window between vulnerability discovery and exploitati...
Equinor ASA announced a strategic plan to increase energy production, cash flow, and shareholder returns through 2030. The company will double its 2026 share buyback program to $3 billion and introduce a predictable buyback framework from 2027, aimin...
Dimensional Fund Advisors Ltd. has publicly disclosed holding a 1.67% interest in Beazley PLC's ordinary shares as of June 15, 2026, owning 10,019,549 shares. This disclosure is part of regulatory requirements under the Takeover Code, indicating Dime...
BitVentures Limited announced unaudited financial results for the first half of fiscal year 2026, showing revenue of $0.3 million driven by new e-commerce and client referral services. The company restructured its share capital, terminated its ADS pr...
AMD has acquired MEXT, a company specializing in AI-driven memory optimization technology, to enhance its data center and AI capabilities. This acquisition targets the memory bottleneck in modern data centers by making flash storage perform more like...
