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NGN RATE

Year: 2024

diutocoinnews Home / Archives for 2024 / Page 7
Nigerian CPI Report Indicates Gradual Decrease In Inflation
Posted inEconomy NEWS

Nigerian CPI Report Indicates Gradual Decrease In Inflation

Posted by By Akachukwu Chukwuma 16/09/2024
The Consumer Price Index (CPI) report published by the National Bureau of Statistics (NBS) highlights…
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Naira Rates: Nigeria Foreign Reserve Hits $36.87B Following the Sale of Domestic Dollar Bond
Posted inEconomy NAIRA RATE NEWS Stocks

Naira Rates: Nigeria Foreign Reserve Hits $36.87B Following the Sale of Domestic Dollar Bond

Posted by By Eze Chichetaram 16/09/2024
Nigeria’s foreign exchange (FX) reserves increased by $621.2M in 10 days following the recent sale…
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The Issuer of USDC Stablecoin, Circle Moves HQ to New York Ahead of IPO
Posted inCrypto NEWS Stablecoins

The Issuer of USDC Stablecoin, Circle Moves HQ to New York Ahead of IPO

Posted by By Akachukwu Chukwuma 16/09/2024
The company behind the world’s second-largest stablecoin, Circle Internet Financial, is moving its global headquarters…
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ECOWAS Suspends Single Currency Plans Sighting Political Challenges
Posted inEconomy NEWS Politics

ECOWAS Suspends Single Currency Plans Sighting Political Challenges

Posted by By Eze Chichetaram 15/09/2024
After years of planning and setbacks, the Economic Community of West African States (ECOWAS) has…
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MicroStrategy Increases Total Bitcoin Holdings to 244,800
Posted inBitcoin NEWS

MicroStrategy Increases Total Bitcoin Holdings to 244,800

Posted by By Eze Chichetaram 15/09/2024
Business Intelligence and Software company, MicroStrategy, publicly declared that it has purchased roughly 18,300 Bitcoin—BTC…
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SiBAN Leadership Crisis: Board of Trustees Expells Executives
Posted inCrypto NEWS Trends

SiBAN Leadership Crisis: Board of Trustees Expells Executives

Posted by By Akachukwu Chukwuma 15/09/2024
SiBAN (Stakeholders in Blockchain Association of Nigeria), the group leading the advocacy for the adoption…
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Around $670,000 Freezed by Nigerian Regulator Over Unregulated Crypto P2P Trades
Posted inCrypto NEWS Regulations

Around $670,000 Freezed by Nigerian Regulator Over Unregulated Crypto P2P Trades

Posted by By Eze Chichetaram 14/09/2024
The Nigerian regulator has reportedly freezed N548.6M (about $670,000), supposedly in the account of users…
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Uniswap Trading Volume Dominance Drops as Competition Increases. 
Posted inCrypto Exchange Trading

Uniswap Trading Volume Dominance Drops as Competition Increases. 

Posted by By Paul Cyril 14/09/2024
Uniswap, one of the industries’ top decentralized exchanges (DEX), market share decline has been tied…
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US Diplomats Rally Behind Binance for the Release of Gambaryan
Posted inNEWS Regulations

US Diplomats Rally Behind Binance for the Release of Gambaryan

Posted by By Akachukwu Chukwuma 13/09/2024
Some personnels, including the US Ambassador to Nigeria, have reportedly rallied behind Behind to request…
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Tether Reports $6.2B In Profit Surpassing BlackRock’s Profit
Posted inCrypto NEWS Stablecoins

Tether Reports $6.2B In Profit Surpassing BlackRock’s Profit

Posted by By Akachukwu Chukwuma 13/09/2024
Tether, the largest issuer of stablecoins, has released a report highlighting its remarkable profit of…
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FATF Reports: Majority of African Countries Struggle with Crypto Regulations
Posted inCrypto NEWS Regulations

FATF Reports: Majority of African Countries Struggle with Crypto Regulations

Posted by By Akachukwu Chukwuma 12/09/2024
The Financial Action Task Force (FATF) has released its fifth review on how effectively countries…
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Chainalysis Report: Nigeria and India Leads in Global Crypto Adoption
Posted inCrypto NEWS Trends

Chainalysis Report: Nigeria and India Leads in Global Crypto Adoption

Posted by By Eze Chichetaram 12/09/2024
India, Nigeria, and Indonesia top the report released from the highly anticipated 2024 Geography of…
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BoG: The Draft Guidelines For Crypto Regulation in Ghana
Posted inCrypto NEWS Regulations

BoG: The Draft Guidelines For Crypto Regulation in Ghana

Posted by By Eze Chichetaram 11/09/2024
The Central Bank of Ghana—BoG recently released draft rules for crypto regulations in Ghana to…
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Tether, TRON and TRM Labs Establish First-Ever Private Sector Financial Crime Unit to Combat Crypto Crime
Posted inPress Release

Tether, TRON and TRM Labs Establish First-Ever Private Sector Financial Crime Unit to Combat Crypto Crime

Posted by By Tony Chimdiuto 11/09/2024
Tether, TRON and TRM Labs today announced they have joined forces to establish the T3…
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Report: Fiat-Backed Stablecoins Market Capitalization Still Below 2021’s Peak of $181.7B
Posted inCrypto NEWS Stablecoins

Report: Fiat-Backed Stablecoins Market Capitalization Still Below 2021’s Peak of $181.7B

Posted by By Akachukwu Chukwuma 11/09/2024
The current Coingecko State of Stablecoins 2024 report shows that fiat-backed stablecoins with $161.2B Markets…
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CoinEx Launches Innovative Products and Buyback Strategy to Boost $CET Token Value
Posted inCrypto Exchange NEWS Trading

CoinEx Launches Innovative Products and Buyback Strategy to Boost $CET Token Value

Posted by By Tony Chimdiuto 10/09/2024
CoinEx has recently revamped its $CET introduction page and upgraded its products and services, introducing…
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SEC Nigeria to Crackdown on Unregulated Crypto Exchanges. 
Posted inCrypto NEWS Regulations

SEC Nigeria to Crackdown on Unregulated Crypto Exchanges. 

Posted by By Paul Cyril 10/09/2024
Nigeria's SEC — Securities Exchange Commission will take actions against unregulated crypto businesses, ensuring investors'…
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South Africa to Tax Crypto Traders in the region
Posted inCrypto NEWS Regulations

South Africa to Tax Crypto Traders in the region

Posted by By Akachukwu Chukwuma 09/09/2024
The South African Revenue Service (SARS) is updating its regulations and issuing tax notifications to…
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Fidelity and MasterCard Partners to Launch Fidelity Send
Posted inCrypto Fintech NEWS

Fidelity and MasterCard Partners to Launch Fidelity Send

Posted by By Eze Chichetaram 09/09/2024
Fidelity Bank Plc, a prominent bank in Nigeria, and Mastercard have teamed up to introduce…
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Introducing New Dimensions of Asset Appreciation for CET Token Holders
Posted inCrypto Press Release

Introducing New Dimensions of Asset Appreciation for CET Token Holders

Posted by By Tony Chimdiuto 09/09/2024
CoinEx, a leading global cryptocurrency exchange, responds to the latest market trend of on-chain revenue…
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Understanding the Nigerian Government FGN Dollar Bond.
Posted inNEWS Stocks Trading

Understanding the Nigerian Government FGN Dollar Bond.

Posted by By Akachukwu Chukwuma 08/09/2024
The Domestic FGN US Dollar Bond is a new financial instrument introduced by the Federal…
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Nigerian Banks to Deduct N50 on Transfer Inflows Above N10,000
Posted inEconomy Fintech NEWS

Nigerian Banks to Deduct N50 on Transfer Inflows Above N10,000

Posted by By Eze Chichetaram 08/09/2024
In compliance with the instructions of the Federal Inland Revenue Service (FIRS), fintech establishments have…
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CoinEx Holds Successful Campus Hangout and Tour at UNIZIK
Posted inCrypto Campus Events NEWS Trends

CoinEx Holds Successful Campus Hangout and Tour at UNIZIK

Posted by By Tony Chimdiuto 07/09/2024
CoinEx, a cryptocurrency trading platform, recently held a highly successful Campus Hangout and Tour at…
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The Number of Scammers Increases in Local Crypto Groups
Posted inCrypto Cyber Security

The Number of Scammers Increases in Local Crypto Groups

Posted by By Eze Chichetaram 07/09/2024
Currently, in Nigeria, the number of individuals doing peer-to-peer crypto transactions has increased to new…
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SEC Nigeria’s Crypto License Approval Targets Youth Involvement in Capital Markets
Posted inCrypto NEWS Regulations

SEC Nigeria’s Crypto License Approval Targets Youth Involvement in Capital Markets

Posted by By Akachukwu Chukwuma 06/09/2024
Following the approval-in-principle of provisional crypto license to Busha and Quidax, Nigerian Securities and Exchanges…
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