Posted inNEWS Regulations
CBN Crypto Regulations: A Crypto Trader Claims GTBank Threatened to Arrest him.
Crypto Trader on Twitter claims that Guarantee Trust Bank has threatened to arrest him after…
Posted inNEWS Regulations
We have engaged with the CBN and agreed to work together to further analyze Crypto securities Says SEC Nigeria
SEC PRESS RELEASE: “We have engaged with the CBN and agreed to work together to…
Posted inNEWS
Mastercard Launches Testing Platform for Central Bank Digital Currencies.
Mastercard has launched a central bank digital currency testing platform for Central Banks to enable them conduct pilot tests for Central Bank Digital Currencies.
Posted inNEWS
How Crypto Savings Account Interest Beats the New CBN Policy on Bank Savings Account Interest.
Crypto Savings Account yields more interest now compared with Banking Savings Account interest.
Posted inFintech
CBN Releases Draft Framework for Regulatory Sandbox Operations on Emerging Technologies in the Payments Space.
CBN has released a new Draft Framework for Regulatory Sandbox Operations focused on emerging technologies in the payments space.
Bitcoin Stands Out as the Best Investment Against Nigeria Naira Over 50 Years Ago.
Bitcoin still stands out as the best investment of all time against the Nigerian Naira for over 50 years ago. The outstanding performance of the world's biggest cryptocurrency over the years sets it apart from other world’s fiat currencies including Nigeria Naira.
Posted inNEWS
CBN Debunks the Rumors of N2000 and N5000 Naira Banknotes Making Rounds Online.
CBN debunks the rumors making rounds online on the existence of N2000 and N5000 Naira Banknotes.
Why Nigeria Banks Should Collaborate With Fintech Including Blockchain Powered Fintech to Revive the Economy.
PwC List Ways for Banks to Collaborate With Fintechs Including Blockchain Powered Fintech to Revive Nigeria Economy.
Posted inNEWS
Nigerian Naira Gains Against US Dollar After CBN Resumed Dollar Sales.
The Nigeria Naira has gained against the US Dollars following CBN's resumption on US Dollar Sales
Posted inNEWS
IMF Persuades Nigeria to Speed Up Naira Exchange Rate Unification.
The International Monetary Fund (IMF), on Tuesday, April 28, 2020, approved the sum of $3.4 billion, as emergency financial support for Nigeria, as a result of the adverse effects of COVID-19.
Posted inNEWS
Banking Crisis: Nigeria Banks Looking to Increase Earnings From Fintech Following the Increase in Debt Owed by Independent Oil Producing Firms.
Nigeria Banks is looking to increase earnings following the pressure on banks' earning due to the unpaid loans owed by independent oil producing firms.
Posted inNEWS
Federal Government of Nigeria Begins Disbursement of Stimulus Package Using Banks, But Crypto not Welcome.
Following the plans by the government to distribute stimulus package to support businesses, the sharing of the first tranche of the Central Bank of Nigeria N50bn targeted credit facility have started.
Posted inNEWS
Cryptopreneur, Gaius Chibueze Donates 3 Million in Naira to Fight COVID-19 Outbreak.
Many individuals and banks have made donations to financially support individuals during this period of…
Posted inNEWS
Tinubu Tells Federal Government to Print More Naira Notes — “A Call For Digital Naira”
All Progressives Congress National Leader, Asiwaju Bola Tinubu, suggests that government print more naira to…
Posted inNEWS
CBN: Embrace Alternative Means of Payment.
Following the coronavirus virus outbreak in Nigeria with the number of infected persons increasing to…
Posted inNEWS
CBN Highlights Details for Households and SMEs to Access the N50billion Stimulus Package.
The Central Bank of Nigeria states the conditions guiding the distribution of the N50billion COVID-19…
Posted inNEWS
GTBank Now Allowing Nigerians to Make Mobile Money Transfer to All Banks Without Any Fee Charge Till 31st March, 2020.
GTBank, one of the best online banking provider in Nigeria has taken the lead in…
Posted inNEWS
BREAKING: CBN Devalues Naira to N380/$1 Setting Up a Uniform Exchange Rate.
Just in, the Central Bank of Nigeria (CBN) technically devalued the Nigerian Naira exchange rate…
Posted inPolitics
The New Policy Set by the Central Bank of Nigeria to Support the Economy Amidst the Coronavirus Outbreak Does Not Support Digital Money
Following the increased spread of coronavirus, many countries are putting up various economic strategies to…
Posted inPolitics
Central Bank of Nigeria Moves to Sanction Bad Actors Trying to Devalue Naira at Various Markets; a Call for Cryptocurrency Exchange Operators.
The Central Bank of Nigeria (CBN) moves to arrest Bureau De Change (BDC) operators over…
Posted inWeekly Overview
Diutocoinnews Weekly: Announcing Diutocoinnews Magazine, a Weekly Publication to Fight Fake Cryptocurrency News and Scams.
Diutocoinnews Magazine is a weekly publication from Diutocoinnews Media. The main focus of Diutocoinnews Magazine…
Amidst the Growing Number of Cryptocurrency Users in Nigeria, Cashless Policy from the Central Bank of Nigeria Starts From 1st April 2020.
According to the Central Bank of Nigeria (CBN), the cashless policy guidelines will take effect…
CBN Quarterly Economic Report: Currency-in-circulation (CIC) Increases by 9.9 Percent to N2.2 Trillion.
According to the quarterly economic report released by Central Bank of Nigeria (CBN) on Monday,…
Posted inRegulations
The World Economic Forum (WEF) Releases a New Policymaker Toolkit and Framework for Central Bank Digital Currency (CBDC).
The World Economic Forum (WEF) releases a 28 page policymaker toolkit and framework for new…
Posted inBitcoin
Blockchain Startup Bitstop Reveals Plan to Install the First Bitcoin ATM in Nigeria.
Bitstop reveals plan to build the first bitcoin ATM in Nigeria at the International Money…