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Economy

diutocoinnews Home / Economy / Page 7
Nigeria’s Fintech Sector Thrives Amid Challenges
Posted inEconomy Fintech Technology

Nigeria’s Fintech Sector Thrives Amid Challenges

Posted by By Akachukwu Chukwuma 07/12/2024
Kenya overtook Nigeria as Africa's top destination for startup funding, attracting $800 million compared to…
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Bitcoin Price Hits $100k For First Time In History
Posted inCrypto DeFi Economy Politics Prediction Markets Price Analysis Regulations Reviews Technology Top News WEB 3.0

Bitcoin Price Hits $100k For First Time In History

Posted by By Akachukwu Chukwuma 05/12/2024
Bitcoin, the most well-known cryptocurrency, reached a price of $100,000 for the first time ever…
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Transforming Financial Inclusion in Africa Via Blockchain Technology
Posted inBanking Blockchain Crypto DeFi Economy General News NEWS Technology WEB 3.0

Transforming Financial Inclusion in Africa Via Blockchain Technology

Posted by By Akachukwu Chukwuma 03/12/2024
Over the past decade, financial inclusion in sub-Saharan Africa has made significant progress as in…
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December 2024 Subscription for FGN Savings Bonds Open
Posted inEconomy General News NAIRA RATE NEWS Stocks

December 2024 Subscription for FGN Savings Bonds Open

Posted by By Akachukwu Chukwuma 02/12/2024
Through the Debt Management Office (DMO), the Federal Government of Nigeria, invites individuals and institutions…
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BRICS and Trump Debate on U.S. Dollar Dominance
Posted inEconomy General News Regulations

BRICS and Trump Debate on U.S. Dollar Dominance

Posted by By Akachukwu Chukwuma 01/12/2024
Formed in 2009 to challenge U.S. global dominance, BRICS expanded in 2023 with six new…
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Hong Kong’s largest digital bank launches retail crypto trading
Posted inBanking Bitcoin Crypto Economy Events Regulations

Hong Kong’s largest digital bank launches retail crypto trading

Posted by By Akachukwu Chukwuma 26/11/2024
Hong Kong’s biggest virtual bank, ZA Bank, has launched a service that lets regular people…
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Bitcoin and Crypto Trading Surge in South Africa After Trump’s Election Victory
Posted inBitcoin Crypto Economy Events Technology Trends

Bitcoin and Crypto Trading Surge in South Africa After Trump’s Election Victory

Posted by By Akachukwu Chukwuma 22/11/2024
Following Donald Trump’s victory in the 2024 U.S. presidential election a product of his promise…
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Crypto Review, Africa
Posted inBitcoin Blockchain Crypto Economy Events

Crypto Review, Africa

Posted by By Akachukwu Chukwuma 17/11/2024
African cryptocurrency space is buzzing with exciting developments from Kenya to Nigeria to South Africa.…
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COULD PRESIDENT TRUMP’S NEW PLAN REVOLUTIONIZE GOVERNANCE
Posted inBanking Blockchain Crypto Economy Exchange Politics Reviews

COULD PRESIDENT TRUMP’S NEW PLAN REVOLUTIONIZE GOVERNANCE

Posted by By Akachukwu Chukwuma 17/11/2024
Donald Trump has announced an ambitious initiative to tackle government inefficiency and wasteful spending involving…
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Nigeria’s Debt-to-GDP Ratio Hits 55% in June 2024
Posted inBanking Economy Technology

Nigeria’s Debt-to-GDP Ratio Hits 55% in June 2024

Posted by By Akachukwu Chukwuma 16/11/2024
Nigeria's debt-to-GDP ratio ramped up to 55% by June 2024, a significant jump from 42.4%…
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Forex Market Hits Record Turnover, CBN Steps In
Posted inBanking Economy Events Exchange Top News Trading

Forex Market Hits Record Turnover, CBN Steps In

Posted by By Akachukwu Chukwuma 09/11/2024
The Central Bank of Nigeria (CBN) has intensified its efforts to stabilize the exchange rate…
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Crypto Whales Bet Big on Trump for the US Election
Posted inCrypto Economy Events General News Regulations Top News Trends

Crypto Whales Bet Big on Trump for the US Election

Posted by By Akachukwu Chukwuma 06/11/2024
As the United States was gearing up for the November 5 presidential election, a significant…
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Amid U.S. Election Frenzy, Bitcoin Reaches New All-Time High
Posted inCrypto Economy Events Prediction Markets Price Analysis Top News Trends

Amid U.S. Election Frenzy, Bitcoin Reaches New All-Time High

Posted by By Akachukwu Chukwuma 06/11/2024
The world’s largest cryptocurrency, Bitcoin, has reached a new all-time high of $75,000 as U.S.…
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Nigerian Government Launches 3M Technical Talent Program
Posted inEconomy NEWS Technology

Nigerian Government Launches 3M Technical Talent Program

Posted by By Akachukwu Chukwuma 03/11/2024
As part of the "Renewed Hope" agenda, The Nigerian government has launched a major program…
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Dangote is now worth $27.8B following the full operation of his refinery — Bloomberg Billionaires Index 
Posted inEconomy NEWS

Dangote is now worth $27.8B following the full operation of his refinery — Bloomberg Billionaires Index 

Posted by By Akachukwu Chukwuma 21/10/2024
Now that his long-awaited oil refinery in Nigeria is finally running, Aliko Dangote, Africa’s richest…
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Inflation rate in Nigeria increases by 0.55% to 32.7% in a month
Posted inEconomy NEWS

Inflation rate in Nigeria increases by 0.55% to 32.7% in a month

Posted by By Akachukwu Chukwuma 16/10/2024
The National Bureau of Statistics (NBS) has published data showing higher transportation costs and food…
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New tax bills mandate finance workers to have tax id to operate bank accounts. 
Posted inBanking Economy NEWS

New tax bills mandate finance workers to have tax id to operate bank accounts. 

Posted by By Eze Chichetaram 15/10/2024
The federal government has proposed a new law that will require individuals in banking, insurance,…
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Startup investors are more interested in detailed performance report — Wimbart Survey 
Posted inEconomy Fundraise NEWS

Startup investors are more interested in detailed performance report — Wimbart Survey 

Posted by By Akachukwu Chukwuma 15/10/2024
The recent survey from Wimbart highlights how investors and startup founders in Africa are focusing…
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Nigeria government begins Naira-for-crude sales with dangote refinery
Posted inEconomy NEWS

Nigeria government begins Naira-for-crude sales with dangote refinery

Posted by By Eze Chichetaram 07/10/2024
Wale Edun, Minister of Finance, reveals that the government has officially started selling crude oil…
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Chainalysis Report: 43% of Sub-Saharan Africa Turns to Stablecoins for Remittance
Posted inCrypto Economy NEWS Stablecoins

Chainalysis Report: 43% of Sub-Saharan Africa Turns to Stablecoins for Remittance

Posted by By Eze Chichetaram 03/10/2024
Like an inverse proportion, Nigeria and Ethiopia are suffering a decrease in the value of…
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Zimbabwe’s Gold-Backed ZiG Faces Continued Decline Following Currency Devaluation 
Posted inBanking Economy NEWS

Zimbabwe’s Gold-Backed ZiG Faces Continued Decline Following Currency Devaluation 

Posted by By Eze Chichetaram 03/10/2024
The Central Bank of Zimbabwe allowed their gold-backed currency, ZiG, to lose about 43% of…
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Naira Gains 2.77% at the Foreign Exchange Market, Weakening at the Parallel Market— DiutoX
Posted inEconomy NAIRA RATE NEWS

Naira Gains 2.77% at the Foreign Exchange Market, Weakening at the Parallel Market— DiutoX

Posted by By Akachukwu Chukwuma 02/10/2024
In September 2024, the Naira showed some positive signs in the official market, but the…
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Bank of Ghana Launches Gold Coin to Discourage Hoarding of Dollars
Posted inBanking Economy NEWS

Bank of Ghana Launches Gold Coin to Discourage Hoarding of Dollars

Posted by By Eze Chichetaram 01/10/2024
The Bank of Ghana has initiated and introduced a gold coin for the purpose of…
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The value of cashless transactions surges by 12% to N89.5T — NIBSS
Posted inEconomy NEWS Top News

The value of cashless transactions surges by 12% to N89.5T — NIBSS

Posted by By Akachukwu Chukwuma 01/10/2024
After a slight dip in June, the rate of electronic transactions in Nigeria bounced back,…
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The MENA Region Contributes 7.5% to Global Crypto Transaction Volume
Posted inEconomy NEWS

The MENA Region Contributes 7.5% to Global Crypto Transaction Volume

Posted by By Akachukwu Chukwuma 30/09/2024
Cryptocurrency is on the rise in the Middle East and North Africa (MENA), even though…
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