Stablecoin use is gaining global traction with support from Trump, posing challenges to the monetary policy of the naira in Nigeria.

The entities involved

• Nigeria →

  sovereign state in West Africa

  • Nigeria's Federal Capital Territory Administration is tightening security measures in the nation's capital, Abuja.Mon 17:52
  • Program coverage includes the capital territory of Abuja.Mon 17:52
• Donald Trump →

  American businessman and politician (born 1946), President of the United States (2017–2021; since 2025)

  • Trump ended the ceasefire agreement with Iran following recent attacks by Iranian forces.Mon 18:02
  • The Trump administration utilized the Department of Health & Human Services for an AI tool.Mon 18:02
• naira →

  currency of the Federal Republic of Nigeria

  • Nigeria exemplifies Africa's manufacturing challenges, with high imports and economic issues pressuring the local currency.Mon 07:22
  • IMF conducted Article IV consultation with Nigeria and called for fiscal and monetary reforms.Sun 22:45
• World Bank →

  international financial institution

  • A program funded by the World Bank and the Togolese Government was formalized in Lomé.Mon 17:12
  • The World Bank announced support for agricultural initiatives as part of its partnership with Togo.Mon 17:12

Related events

• The Central Bank of Nigeria manages the monetary policy for the country.Jun 7