Commercial banks have reconnected MTN customers to banking channels after disconnecting them from their channels, including the Unstructured Supplementary Service Data (USSD) and banking apps last Friday.
The Nation learnt the development was due to intervention of Minister of Communications and Digital Economy, Isa Pantami and Central Bank of Nigeria Governor Godwin Emefiele.
The banks blocked MTN subscribers, believed to be around 77millions accounting for about 45 per cent of the total telecommunication market share in Nigeria, with many of them stranded and unable to recharge airtime via USSD amid the Easter celebrations.
The blockade was due to reduction of banks’ commission from 4.5 per cent to 2.5 per cent by the telco.
The banks had written MTN to revert to the old commission, vowing to block MTN airtime in all their channels.
MTN had explored alternative electronic payment platforms such as Flutterwave, Jumia Pay, OPay, Kuda, Carbon and BillsnPay for customer to recharge their phones
Alternatively, if you want to transfer funds from your Pro to your standard account, go to the trading page on your Coinbase Pro account again, but click Withdraw this time under Wallet Balance. Then, the process is the same, wherein you select a currency type and enter your desired amount to transfer. Then, click Withdraw and your funds will be moved. Coinbase guarantees to keep 98% of assets offline in cold storage and is the only crypto exchange that provides FDIC (Federal Deposit Insurance Corporation) insurance with up to $250K on currency deposits. Coinbase offers two-factor authentication via SMS or the Google Authenticator app. As of right now, KCS is not available on the Coinbase Exchange. We think it’s unlikely it will get listed on Coinbase until there is more regulatory clarity regarding centralized utility tokens such as KCS.
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The token was quite stable till mid-May, only surging once to $0.013 on May 10. During the summer when most of the major cryptocurrencies were in the downtrend, the ACH token also went bearish. During the next 2,5 months, it was trading on the lowest level since its launch not going beyond $0.0022, and reached its all-time low of $0.0013 on July 20. Deposit crypto to our exchange and trade with deep liquidity and low fees. Get the multi-currency account built for quick and easy international payments, with no limits. Looking for how to buy some ? Process has never been easier! You can easily purchase tokens on MEXC by just following our simple guides via this link. “Individuals or groups with more than 5% of ACH’s existing circulating supply can submit a proposal for votes. Proposals are executed if total votes exceed 10% of ACH’s current circulating supply and more than 51% of the votes are in agreement,” the white paper reads.
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