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XRP held firm at $1.25 on Monday as Ripple gained institutional custody via BNY Mellon, raising expectations that the token will meet crypto analysts’ price target. In the last 24 hours, trading volume rose about 65% to $1.3 billion, data from top cryptocurrency exchanges revealed.

The International Monetary Fund (IMF) has endorsed Nigeria’s ongoing bank recapitalisation drive. It said that stronger capital buffers are cushioning the financial system against external shocks and strengthening resilience amid intensifying global uncertainties.

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