Naira Appreciates to ₦358 In The Parallel Market

By Diutocoinnews

The Dollar To Naira Exchange Market For Investors And Exports Appreciates. Data from FMDQ showed that the naira to dollar exchange rate for the Investors And Exports window dropped to N361.72 per dollar yesterday from N362.58 per dollar on Friday resulting to 86 kobo appreciation of the naira. The appreciation been the result of 21…

ECOWAS To Launch A Unified Currency For The Region In 2020.

By Diutocoinnews

From the information gathered at the ECOWAS headquarters in Abuja. Every details for the launch of the unified currency for the region by the sub-regional body’s Macroeconomic Policy and Economic Research Department is being strengthened. Under the current arrangement, all monetary authorities in West Africa are to be unified by an economic convergence plan with…

The State Of Cryptocurrency Regulations In African Countries And The World.

By Diutocoinnews

  REGULATED IN SOUTH AFRICA. South Africa, the second largest economy in Africa previously in 2015 released straight no statement on Cryptocurrency activities in the country. But as of Jan 2019, the Intergovernmental Fintech Working Group comprised of members from the Treasury and the South Africa Reserve Bank (SARB) released the country’s consultation papers on the regulatory…

Why Blockchain Adoption May Literally Fail In Nigeria, Africa.

By Diutocoinnews

Many cryptocurrency activities have been evolving around Nigeria. Many individuals seem to be reluctant to the new technology and means of exchange which can help reduce the rate of poverty in the country. Nigeria has a very big population that can put it through the Cryptocurrency Market towards a better live for her citizens. It’s…