eTranzact To Utilize Blockchain Technology To Improve Banking Services.

By Diutocoinnews

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…

Central Bank Of Egypt Set To Ban Cryptocurrency And Encrypted Currency Trading Without Legal License

By Ogbuowelu Uchechukwu

Central Bank of Egypt (CBE) creates a new law banning the promotion or operation of platforms for issuing or trading encrypted currency or cryptocurrency without obtaining the needed legal licenses from authorities, reported Egypt Independent. The draft bills grants the CBE to issue guidelines governing the trading and dealing on encrypted currency and cryptocurrency according…

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

By Diutocoinnews

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 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…

Interswitch To Partner With Microsoft Azure Blockchain Services To Offer Interswitch Blockchain Services.

By Diutocoinnews

The Interswitch Blockchain Service (Supply Chain Finance Module), built and hosted using the Microsoft Azure Blockchain technology, provides a proven security, compliance and scalable cloud platform that accelerates and supports the next generation of blockchain applications. Group Managing Director and Chief Executive Officer, Interswitch, Mitchell Elegbe, said, “In our 15 years of operation, we have…