Customers Groan As Cash-strapped Banks Slash Withdrawal Limits   Amid a surge in demand for more cash by bank customers as the Yuletide season approaches, some Deposit Money Banks have slashed the withdrawal limits of their customers. Findings across bank branches in...

Bitcoin’s Market Cap Loses $264.28bn In 50 Days   The market capitalisation of bitcoin, the world’s most popular cryptocurrency, fell by $264.28bn in 50 days. The market cap of BTC rose by $250.36bn in October to close at $1.16tn. BTC rose to a...

Senate, Reps Pass Finance Bill     The Senate and House of Representatives have passed the Finance Bill 2021, transmitted to the National Assembly by President Muhammadu Buhari, on December 7, 2021. They passed the bill on Tuesday following the consideration of a...

Nigeria’s Commodity Terms Of Trade Declines As Exports Fall By 2.3%   Nigeria’s all commodity terms of trade (ToT) fell by 2.85 percent in the third quarter of 2021 (Q3’21) even as commodity exports declined by 2.3 percent during the period. This...

Use Veto Power To Pass Electoral Amendment Bill, CISLAC Urges NASS   The Civil Society Legislative Advocacy Center, CISLAC, and Transparency International, TI, has urged the National Assembly to use its veto power to pass the electoral act amendment bill into...

Nigeria Spends N1.5trn On Raw Materials Imports In Six Months   Nigeria imported raw materials worth N1.51 trillion in the first six months of 2021 (H1 2021). A breakdown in the Foreign Trade Statistics of the National Bureau of Statistics (NBS) revealed...