Money Market

KoinKoin Launches New Digital Assets Exchange App

December 14, 2022/KoinKoin KoinKoin, the African-focused digital assets exchange, has launched a new app for retail traders to buy and sell digital currencies ultimately using local payment methods. The app intends to connect an even wider audience across the world with access to cryptocurrencies, to empower efficient cross-border remittance, trading and […]

CBN Revises Cash Withdrawal Limits

December 8, 2022/CSL Research The Central Bank of Nigeria (CBN) has ordered Deposit Money Banks (DMOs) and other financial institutions to ensure that weekly over the counter (OTC) cash withdrawals by individuals and corporate entities do not exceed N100,000 and N500,000, respectively. The apex bank made this known on Tuesday […]

ISSAN Confab: CBN to Collaborate with Stakeholders to Check Rising Cyber Attacks  

December 5, 2022/Ecobank Nigeria The Central Bank of Nigeria has assured information security stakeholders and the general public of its collaboration to check the rising cases of cyber-attacks within the Nigeria cyberspace. Director, Payments System Management Department of the CBN, Mr. Musa Jimoh in his keynote address at the annual […]