Nigerian Banks Can Now Issue National Identity Card Enabled ATM Cards.
The federal government says Nigerians can now request their commercial banks to issue them with a debit card which doubles as their National Identity Card at no extra cost. The Minister of Communications and Digital Economy, Isa Pantami, who disclosed…
Central Bank of Nigeria Raises Interest Rate To 18.5 Percent.
The policy-setting committee of the Central Bank of Nigeria (CBN) on Wednesday raised the monetary policy rate (MPR), which measures interest rate, from 18 percent to 18.5 percent. Last week, Nigeria’s inflation rate rose to 22.22 percent amid the surge…
Crypto Market Rate Update For Thursday, 25th May 2023: Naira to USD (USDT).
Opening prices for Thursday, 25th May, 2023, updated rates on USD – USDT and other most popular cryptocurrencies on DiutoCoinNews. Quotations are expressed in Naira. Look for the virtual currency of your choice and check its average rate, market value…
eNaira: 98.5% Of Wallet Unused, IMF Says Adoption Is Low
The International Monetary Fund (IMF) says 98.5 percent of eNaira wallets have not been used even once, it described the public adoption of the eNaira as “disappointingly low”. In its recently released working paper titled ‘Nigeria’s eNaira, One Year After’,…
Crypto Market Rate Update For Wednesday, 24th May 2023: Naira to USD (USDT).
Opening prices for Wednesday, 24th May, 2023, updated rates on USD – USDT and other most popular cryptocurrencies on DiutoCoinNews. Quotations are expressed in Naira. Look for the virtual currency of your choice and check its average rate, market value…
OKX Wallet Enables BRC-20 Trading on its Ordinals Marketplace, Launches Bitcoin Cross-Chain Swap.
OKX Wallet has announced that BRC-20 trading is now live on its Ordinals Marketplace, making it the first and only multi-chain wallet to support the trading of BRC-20 tokens on mobile. Support for BRC-20 token trading on the web version…
Crypto Market Rate Update For Tuesday, 23rd May 2023: Naira to USD (USDT).
Opening prices for Tuesday, 23rd May, 2023, updated rates on USD – USDT and other most popular cryptocurrencies on DiutoCoinNews. Quotations are expressed in Naira. Look for the virtual currency of your choice and check its average rate, market value…
40% Of African Banks And Telecoms Are Threatened By The Growth Of Fintechs: Report.
In the latest African Banker annual report, of the 153 banks that were surveyed about 40% said they “regard fintechs and telcos as high threats.” The survey study also found that some 69% of the surveyed banks view artificial intelligence…
Hotbit Crypto Exchange Stops Operation, Asks Users To Withdraw Funds, As Users Complain Of Inability To Withdraw.
Crypto exchange trading platform Hotbit has announced that it would be halting operations as of May 22. The exchange asked its users to withdraw funds before June 21, at 4:00 am UTC. In a message sent out to the public,…
Crypto Market Rate Update For Monday, 22nd May 2023: Naira to USD (USDT).
Opening prices for Monday, 22nd May, 2023, updated rates on USD – USDT and other most popular cryptocurrencies on DiutoCoinNews. Quotations are expressed in Naira. Look for the virtual currency of your choice and check its average rate, market value…