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Economy

diutocoinnews Home / Economy / Page 6
SEC warns Nigerians against investing in Risevest and Stecs 
Posted inEconomy

SEC warns Nigerians against investing in Risevest and Stecs 

Posted by By Eze Chichetaram 28/01/2025
The Securities and Exchange Commission (SEC) has warned Nigerians not to invest in two organizations:…
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Markets React after Trump Calls on OPEC to Bring Down Oil Prices
Posted inEconomy NEWS

Markets React after Trump Calls on OPEC to Bring Down Oil Prices

Posted by By Eze Chichetaram 27/01/2025
Oil prices dropped slightly on Friday, reversing the week’s gains. This happened after U.S. President…
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Former Prime Minister Pushes Crypto to Boost Thailand’s Economy
Posted inEconomy NEWS

Former Prime Minister Pushes Crypto to Boost Thailand’s Economy

Posted by By Eze Chichetaram 17/01/2025
Former Thai Prime Minister Thaksin Shinawatra has called on the government to focus on cryptocurrency…
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Middle East Gains as China, India Shift Focus from Russian Oil
Posted inEconomy NEWS

Middle East Gains as China, India Shift Focus from Russian Oil

Posted by By Eze Chichetaram 15/01/2025
China and India are seeking alternatives to Russian oil amid the new U.S. sanctions, turning…
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Ethiopia to Open Stock Exchange after 50 Years
Posted inBanking Economy NEWS

Ethiopia to Open Stock Exchange after 50 Years

Posted by By Eze Chichetaram 09/01/2025
Ethiopia is preparing to reopen its stock exchange after it was shut down 50 years…
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Nigeria’s Financial Inclusion Goals Threatened
Posted inEconomy NEWS Opinion Technology

Nigeria’s Financial Inclusion Goals Threatened

Posted by By Akachukwu Chukwuma 29/12/2024
Despite progress in financial inclusion, Nigeria faces a major setback as fraud cases surge with…
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Binance Expands Crypto Access in Africa with Mobile Money Integration
Posted inBitcoin Blockchain Crypto Economy Events Exchange

Binance Expands Crypto Access in Africa with Mobile Money Integration

Posted by By Akachukwu Chukwuma 28/12/2024
Binance, by means of integrating mobile money services, is enhancing crypto accessibility in West and…
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NGX Targets Gen Z and Millennials with Asset Tokenization
Posted inEconomy Exchange NEWS WEB 3.0

NGX Targets Gen Z and Millennials with Asset Tokenization

Posted by By Akachukwu Chukwuma 26/12/2024
Speaking at the 2024 Investor Summit & Awards Dinner, NGX CEO Jude Chiemeka emphasized the…
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Not All Crypto Firms Will Meet Registration Standards
Posted inCrypto Economy Events NEWS

Not All Crypto Firms Will Meet Registration Standards

Posted by By Akachukwu Chukwuma 24/12/2024
The SEC Director-General, Dr. Emotimi Agama, has cautioned that some crypto companies applying for registration…
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Bo Hines to head US crypto council
Posted inBitcoin Blockchain Economy Events NEWS Regulations

Bo Hines to head US crypto council

Posted by By Akachukwu Chukwuma 23/12/2024
Donald Trump, the U.S. president-elect, has appointed Bo Hines, a former college football player, as…
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Botswana Central Bank Flags Minimal Crypto Risks Urging Regulation
Posted inBlockchain Crypto Economy NEWS Technology

Botswana Central Bank Flags Minimal Crypto Risks Urging Regulation

Posted by By Akachukwu Chukwuma 23/12/2024
Botswana's central bank has identified minimal risks to the country’s financial stability from its undeveloped…
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Nigerian Stock Market Weekly Wrap (Dec 20, 2024)
Posted inEconomy Exchange NAIRA RATE NEWS

Nigerian Stock Market Weekly Wrap (Dec 20, 2024)

Posted by By Akachukwu Chukwuma 22/12/2024
The All-Share Index (ASI) surged by 1.76% to close at 101,129.09, breaking the 100,000 and…
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Bitcoin Drops to $92,118 as Crypto Economy Shrinks by Nearly 12%
Posted inBitcoin Blockchain Crypto Economy Events

Bitcoin Drops to $92,118 as Crypto Economy Shrinks by Nearly 12%

Posted by By Akachukwu Chukwuma 21/12/2024
Bitcoin’s price fell sharply, dropping over 9% to $92,118 (at 6:30 a.m., 21st of December,…
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Ethena Labs partners with Trump’s World Liberty Financial
Posted inBlockchain Crypto Economy NEWS Trends

Ethena Labs partners with Trump’s World Liberty Financial

Posted by By Akachukwu Chukwuma 19/12/2024
Ethena, a decentralized finance (DeFi) protocol, has partnered with World Liberty Financial, a company backed…
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Nigeria’s Fiscal Deficit Hits N7 Trillion in Q3 2024
Posted inEconomy NEWS Politics

Nigeria’s Fiscal Deficit Hits N7 Trillion in Q3 2024

Posted by By Akachukwu Chukwuma 18/12/2024
President Bola Ahmed Tinubu, during the presentation of the 2025 Budget of Restoration, revealed that…
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Bitcoin Blasts Past $105,000, Setting New Record High
Posted inBitcoin Blockchain Crypto Crypto Campus Crypto ETF Economy Events Exchange

Bitcoin Blasts Past $105,000, Setting New Record High

Posted by By Akachukwu Chukwuma 17/12/2024
On December 15, 2024, Bitcoin’s price rose above $105,000, reaching a high of $105,149. This…
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Nigeria’s Inflation Rises to 34.60% in November 2024
Posted inEconomy NAIRA RATE

Nigeria’s Inflation Rises to 34.60% in November 2024

Posted by By Akachukwu Chukwuma 17/12/2024
Headline inflation in Nigeria  rose from 33.88% in October to 34.60% in November 2024, according…
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Cryptocurrency Adoption in Nigeria and South Africa
Posted inBanking Blockchain Crypto Economy Regulations Technology

Cryptocurrency Adoption in Nigeria and South Africa

Posted by By Akachukwu Chukwuma 13/12/2024
A recent research by ConsenSys and YouGov reveals the behavior, adoption patterns, and hurdles surrounding…
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Tax Reforms In Nigeria
Posted inBanking Economy General News NEWS Regulations Top News

Tax Reforms In Nigeria

Posted by By Akachukwu Chukwuma 12/12/2024
SBM Intelligence’s recent survey reveals mixed feelings among Nigerians about the proposed tax reform bills.While…
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NGX Targets Gen Z and Millennials with Asset Tokenization
Posted inBlockchain Economy Exchange NEWS Technology Trading

NGX Targets Gen Z and Millennials with Asset Tokenization

Posted by By Akachukwu Chukwuma 12/12/2024
Speaking at the 2024 Investor Summit & Awards Dinner, NGX CEO Jude Chiemeka emphasized the…
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Microsoft shareholders vote ‘no’ to Bitcoin reserve
Posted inBitcoin Crypto DeFi Economy Events Regulations Technology Top News

Microsoft shareholders vote ‘no’ to Bitcoin reserve

Posted by By Akachukwu Chukwuma 11/12/2024
Microsoft shareholders made a decision not to approve the suggestion to add Bitcoin to the…
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Hong Kong Considers Bill to Regulate Stablecoins
Posted inBlockchain Crypto Economy Exchange Politics Regulations Stablecoins Technology WEB 3.0

Hong Kong Considers Bill to Regulate Stablecoins

Posted by By Akachukwu Chukwuma 09/12/2024
Hong Kong plans to introduce new rules to regulate stablecoins (a type of cryptocurrency tied…
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Naira Gains Against Euro Amid Market Reforms
Posted inEconomy Exchange General News NAIRA RATE Price Analysis

Naira Gains Against Euro Amid Market Reforms

Posted by By Akachukwu Chukwuma 09/12/2024
Driven by reforms in Nigeria’s forex market and political instability in Europe,the Nigerian naira strengthened…
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Naira Strengthens Amid New CBN FX Platform Launch
Posted inEconomy Exchange NAIRA RATE NEWS Opinion Price Analysis Stocks Top News

Naira Strengthens Amid New CBN FX Platform Launch

Posted by By Akachukwu Chukwuma 08/12/2024
Following the launch of the Electronic Foreign Exchange Matching System (EFEMS) by the Central Bank…
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Naira Trades Below ₦2000
Posted inEconomy Exchange NAIRA RATE NEWS Top News WEB 3.0

Naira Trades Below ₦2000

Posted by By Akachukwu Chukwuma 07/12/2024
For the first time in five months, the Nigerian naira improved significantly in the currency…
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Nigeria Advances Toward Same-Day (T+0) Settlement as SEC Confirms Technology Readiness
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DCI Kenya Confirms Surge in Crypto-Related Crime as Regional Investigators Complete Specialized Training
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Kenya Raises KSh 47.11 Billion in December Bond Reopening as Investors Favor Long-Term FXD
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IMF Warns Stablecoin Growth Could Threaten Monetary Stability as African Usage Rises to 1.5%
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World Bank Warns: Nigeria Among Top Three IDA Borrowers as Debt Pressures Intensify
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