Money Market News
Crypto Exchange Coinbase Asks Users to Switch USDT for USDC
Coinbase is waiving the conversion fees for users that wish to switch to a "trusted stablecoin" in a new campaign...
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CBN may ‘tweak’ new cash withdrawal limits, says Emefiele
Central Bank of Nigeria, CBN, Governor, Mr. Godwin Emefiele, yesterday, said that the apex bank would consider tweaking the new weekly...
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Reps asks CBN to suspend new cash withdrawal policy, summon Godwin Emefiele
The House of Representatives has asked the Central Bank of Nigeria (CBN) to immediately suspend the planned implementation of its...
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Nigeria’s connected mobile lines hit 319.6 million in October 2022
The number of connected lines across the mobile networks of MTN, Globacom, Airtel, and 9mobile rose to 319.6 million in...
Read moreCBN reduces over-the-counter withdrawals to N100k, N500k per week for individuals, companies
The Central Bank of Nigeria (CBN) has announced a new policy that mandates deposit money banks and other financial institutions...
Read moreE-Naira circulation hits N400 million, as CBN says no charges “for now”
The Central Bank of Nigeria has revealed that the circulation of the e-naira has risen to N401.82 million as transaction...
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Why Naira Redesign May Be Declared Illegal In Court – Falana
Human rights lawyer, Femi Falana, on Sunday faulted the recent endorsement of the naira redesign by President Muhammadu Buhari, saying...
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Fuel Queues: NNPC has 2bn litres in stock
The Nigerian National Petroleum Company Limited (NNPC Ltd) says it has two billion litres of Premium Motor Spirit (PMS) In...
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