Suspected Boko Haram terrorists have killed 15 mourners and abducted many in Kwaple, a village near the Chibok Local Government Area in Borno State.

Our correspondent gathered that the attack occurred around 7 pm on Monday when they gathered in a funeral rite for a community member.

Confirming the attack, the Chairman of Chibok Local Government Area, Modu Mustapha, said, “The terrorists attacked during a funeral, a lot of people were killed.”

A local source who pleaded not to be identified revealed that 15 people died, while many others were abducted.

“It was a horror experience when they came shooting. I was not there, but the information reaching me is that it was 15 people, mostly men, who died.

“They burnt an EYN church in the area, burned about five houses, and other properties,” the source added.

Meanwhile, efforts to reach the Spokesperson for the Borno State Police Command, ASP Nahum Daso, for details of the attack and other surrounding information proved abortive as he neither picked up nor returned calls.

Details later…

Naijablitznews reports that popular billionaire Emeka Daniel Okonkwo otherwise known as E-Money has been nabbed in Lagos by the Economic and Financial Crimes Commission, EFCC over alleged Naira abuse.

E-Money, who is the CEO of Emmy Cargoes Nigeria Limited and Five Star Music, was arrested in Lagos State for alleged abuse of the naira.

He is being investigated for allegedly spraying both Naira and US dollars at a party in Lagos in violation of Nigeria’s currency laws.

As at the time of filing this report the anti-graft agency has yet to issue an official statement regarding his arrest.

By Francesca Hangeior

Bitcoin-focused investment firms are stepping into the spotlight as key players in a growing global movement toward the widespread adoption of cryptocurrency as a reserve asset.

Industry leaders and market analysts suggest that this shift—commonly referred to as “hyperbitcoinization”—could eventually displace traditional fiat currencies and redefine global financial systems.

Adam Back, CEO of Blockstream and the inventor of Hashcash, believes that firms holding Bitcoin in their treasuries are strategically positioning themselves ahead of this potential transformation. “

Companies like Strategy are taking advantage of the gap between Bitcoin’s future potential and the current state of fiat money,” Back said.

He described the practice as a “logical and sustainable arbitrage” scalable enough to support large corporations transitioning their treasuries to Bitcoin.

One of the frontrunners in this strategy is Strategy, whose Bitcoin holdings have already generated over $5.1 billion in profit since the beginning of 2025, according to co-founder Michael Saylor.

The firm’s bullish stance on Bitcoin has been instrumental in legitimizing corporate treasury allocations into digital assets.

Across the globe, Asia is also seeing a surge in institutional Bitcoin adoption. Metaplanet, often referred to as “Asia’s MicroStrategy,” recently surpassed 5,000 BTC in holdings and aims to acquire 21,000 BTC by 2026.

These moves illustrate the expanding geographical spread of institutional confidence in Bitcoin’s long-term viability.

At the regulatory level, the climate in the United States is becoming more favorable. The Federal Reserve recently reversed its 2022 guidance that had discouraged banks from engaging with cryptocurrencies. Michael Saylor welcomed the development, stating that U.S. banks “can now begin openly supporting Bitcoin without regulatory concerns.”

In an even more significant move, President Donald Trump signed an executive order to create a national Bitcoin reserve using BTC seized in criminal investigations. The initiative marks a historic moment in the relationship between government and cryptocurrency, signaling a new era of state-backed digital asset reserves.

Bitcoin’s price growth is also outpacing inflation rates, bolstering the argument for its superiority over fiat currencies.

“Bitcoin’s price has been growing faster than traditional fiat currencies over four-year periods,” Back noted, emphasizing Bitcoin’s fixed supply and inflation resistance as core attributes driving its adoption.

As investment firms, multinational corporations, and now governments increasingly turn to Bitcoin, momentum is building for a future where Bitcoin could serve as a dominant global reserve currency.

With market experts projecting Bitcoin’s market cap could one day exceed $200 trillion, the financial world may be on the cusp of a historic transformation.