Business
Bitget Updates Naira P2P Fees to Boost Trading Liquidity
Bitget revises Naira P2P fees, offering zero taker fees and 0.1% maker fees to boost liquidity and support NGN crypto trading
Bitget has announced an update to its peer-to-peer (P2P) fee structure for the Nigerian Naira (NGN) fiat pair, aiming to enhance liquidity and support evolving trading activity, the company confirmed on 26 February 2026.
Also read: CBN Withdraws $190M to Curb Naira Rally as Reserves Cross $50B
Under the revised structure, takers users who fill existing orders on the NGN market will incur zero fees. Meanwhile, advertisers, or makers, providing liquidity will be charged 0.1 per cent on both buy and sell orders, applying specifically to trades involving the Nigerian Naira on Bitget’s P2P marketplace.
Ignacio A. Franco, Chief Marketing Officer at Bitget, said the adjustment reflects the company’s commitment to adapting its trading infrastructure to key regional markets.
“Our priority is to continuously refine our marketplace to better serve local communities,” he stated.
Franco added that the zero taker fees are intended to stimulate liquidity and make cryptocurrency access more seamless for Naira users, while the maker fees maintain a competitive marketplace structure.
“We remain committed to adapting our infrastructure to evolving market dynamics and supporting sustainable growth across key fiat currencies,” he said.
Also read: Naira Declines Amid USD Pressure on February 19, 2026
The update is expected to incentivise both buyers and sellers on Bitget’s NGN P2P platform, supporting smoother trading and broader adoption of cryptocurrencies in Nigeria.
Tinubu Niger Delta summit opens in Port Harcourt as investors and policymakers gather to drive investment, innovation and industrial growth
Dangote Petroleum Refinery has set its initial public offering price at ₦525 per share, with the company seeking to raise about ₦2.15 trillion as it prepares to enter Nigeria’s public equities market.
The Securities and Exchange Commission has approved the offer for 4.1 billion ordinary shares at ₦525 each. If fully subscribed, the offer would generate approximately ₦2.15 trillion, equivalent to about $1.6 billion at current exchange rates.
The offering is expected to open on 14 September 2026, according to Aliko Dangote, the president of Dangote Industries. The planned sale is positioned to become one of the largest equity offerings in Africa.
The IPO marks a significant step in Dangote Group’s plans to broaden ownership of the refinery and raise additional capital for expansion.
The refinery currently has a stated processing capacity of 650,000 barrels of crude oil per day. Dangote has said the company plans to increase that capacity to 1.4 million barrels per day as part of its longer-term expansion strategy.
The planned share sale follows a $1 billion underwriting programme completed in August, providing additional financial backing ahead of the public offering.
The refinery, located in the Lekki area of Lagos State, is one of Africa’s largest industrial projects and has become an increasingly important player in Nigeria’s fuel supply market since beginning operations.
The public offering will give Nigerian investors an opportunity to acquire shares in the refinery directly, while providing Dangote Petroleum Refinery with fresh capital to support its next phase of growth.
The company has also indicated ambitions to expand beyond its current Nigerian operations, with Dangote recently announcing plans for another refinery project in Kenya.
-
Politics2 years ago
13 Ondo Assembly Members Disown Endorsement of Aiyedatiwa
-
Politics2 years ago
APC Group, Ondo Govt, Quarrel Over Money for Endorsement
-
Trending News5 years agoStop unsavoury, inciting statements – DSS warns
-
Others5 years agoAdron Homes Celebrates 10 Years Of Housing Excellence
-
Humanity5 years agoPresident Buhari Commiserates With Ambassador Maureen Tamuno Over The Loss Of Her Father
-
Others7 years agoEX- CUSTOMS BOSS, IBRAHIM MERA’S DWINDLING FAME
-
Business2 years agoBigi Carbonated Soft Drinks Treats 40 Consumers to an Epic Easter Movie Hangout
-
Business2 years agoWema Bank Shines at Global SME Finance Forum Conference Awards 2024 …Awarded: • SME Financier of the Year (Africa) • Platinum Award for Best Financier for Women Entrepreneurs (Africa)