Bitcoin slightly dipped as Binance spot trading was suspended. Crypto exchange Binance suspended spot trading amid an issue on the world’s most-used trading platform for cryptocurrencies. “We are aware of an issue impacting spot trading on Binance,” Binance tweeted. “All ...
Read More »The US financial sector is experiencing a large-scale crisis: the activities of two large Silicon Valley banks have been discontinued at once.
“Banks that served companies in the high-tech sector were at the center of the events. First of all, these are Silicon Valley Bank, Signature Bank, and Silvergate. Today, the problems accumulated by the States since 2008 are shooting up,” noted ...
Read More »Zainab Ahmed says Nigeria disagrees with ‘surprise’ Moody’s downgrade
Nigeria’s finance minister, Zainab Ahmed, said on Thursday that she disagreed with what she called a “surprise” downgrade of the country’s credit rating by Moody’s. She insisted that the government was already addressing the agency’s concerns. Last week, Moody’s downgraded ...
Read More »Russia may issue gold-backed digital ruble
Russia may issue gold-backed stablecoins for international settlements, said Anatoly Aksakov, Chairman of the State Duma Committee on Financial Market, following his visit to Iran. “We discussed the issuance of stablecoins, digital financial assets, secured by certain values. For example, ...
Read More »Niger traders lament scarcity of new Naira notes
Traders in Niger State have lamented the scarcity of the new naira notes, as some of them said they were also yet to be well sensitised to the new notes in circulation, especially those in the rural areas. This was ...
Read More »NSPM explains the quality of the redesigned banknotes that were recently unveiled
The Nigerian Security Printing and Minting (NSPM) Plc, the company responsible for producing Nigeria’s currency, has explained why the new Naira notes leave ink when rubbed on plain white. The company in a statement signed by the Managing Director, Ahmed ...
Read More »How To Withdraw Above CBN Cash Limits
Recall that the Central Bank of Nigeria (CBN) imposed limits on weekly cash withdrawals from automatic teller machines (ATMs) by individuals and corporate entities in a bid to boost digital payments. In a circular, the bank said the highest amount ...
Read More »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 new policy on revised cash withdrawal limits for individuals and corporate organizations. The members of the lower house who appear ...
Read More »How You May Come Up With Some New ideas?
Ever wondered how exactly to make new ideas for your projects, assignments, or product sales? This information explains just that. Continue reading to get out. Here certainly are a few pointers: 1) Sleep on it. You could question your creative mind ...
Read More »The Amount of Rhodium In A Catalytic Converter
The quantity of rhodium within our cars can not be equal. So, the clear answer to the very question depends upon some factors, especially on..
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