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XRP held firm at $1.25 on Monday as Ripple gained institutional custody via BNY Mellon, raising expectations that the token will meet crypto analysts’ price target. In the last 24 hours, trading volume rose about 65% to $1.3 billion, data from top cryptocurrency exchanges revealed.

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The Nigeria Deposit Insurance Corporation (NDIC) says it has begun the process of concluding the liquidation of 89 closed Microfinance Banks (MFBs) and Primary Mortgage Banks (PMBs) following their acquisition by new owners.