eTranzact To Utilize Blockchain Technology To Improve Banking Services.

By Tony Diuto

eTranzact International Plc, seeks to utilize Blockchain Technology to reduce customer cost and improve data security for its customers. eTranzact is a pioneer company in money transfer operating in Nigeria, Ghana, Kenya, Zimbabwe, Cote d’Ivoire, and UK. According to the Guardian Newspaper reports, the Deputy Managing Director, eTranzact, Hakeem Adeniji-Adele, said the company is already…

What Is The Facebook’s New Cryptocurrency Called Libra Cryptocurrency.

By Tony Diuto

Libra cryptocurrency is the new Facebook digital money dubbed Libra which was announced on Tuesday June 18 by Facebook. The Facebook new cryptocurrency ‘Libra’ was created to “enable a single global currency and financial infrastructure that empowers billions of people”. It will help users send and receive money on WhatsApp, Facebook Messenger and Instagram. The…

10 Days To The BlockTech Women Conference To Be Held In Lagos Nigeria.

By Tony Diuto

The Blockchain and Cryptocurrency Industry in Nigeria is gaining more adoption and growth. Many cryptocurrency activities geared towards empowering more user base is at its pick in the region. Different organizations and groups, organise programs to help in a positive adoption of cryptocurrency. Blockchain African Ladies is a prominent non-profit organisation that helps in supporting…

Ruling Party Of Russia Federation, United Russia To Use Blockchain Technology For Elections.

By Tony Diuto

The ruling party of the Russian Federation. The United Russia Party has reportedly updated their website with e-voting functionality for the party’s election primaries. The United Russia party will be using the e-voting functionality integrated with Blockchain Technology to foster transparency and fraud free elections primaries said Vyacheslav Sateyev. Vyacheslav Sateyev the head of IT…

Beware Of Fake Emails; Central Bank Of Nigeria Warns The Public.

By Tony Diuto

The Deputy Governor Central Bank Of Nigeria Mr Lametek Adamu has called on the attention of the public regarding issues arising from fake email addresses sending out mail and requesting deals in the name of the Deputy Governor. According to the report issued by the nation’s bank through Mr Isaac Okorafor, Director Corporate Affairs. The…

Naira Appreciates to ₦358 In The Parallel Market

By Tony Diuto

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 Tony Diuto

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…