The Trump administration will not renew sanctions waivers for Iranian and Russian oil, prompting threats of secondary sanctions against countries, particularly China, buying Iranian oil. This decision ends efforts to stabilize global oil prices amidst ongoing Middle East tensions.
Paga processed ₦17 trillion in 169 million transactions in 2025, showcasing significant growth in digital payments. CEO Tayo Oviosu highlighted the importance of Paga Engine in this success, reflecting a shift towards digital financial services in Africa. The company plans to expand its enterprise solutions and explore new markets.
The Central African Republic's parliament approved a cryptocurrency regulation bill, legalizing its use in financial markets while imposing strict penalties for offenses. The regulation aims to streamline remittances and provide access to digital currencies, despite concerns over crime and donor disbursements.