economy Archives | DiutoCoinNews

Nigeria To Convert It’s N20 Trillion Central Bank Loan Into Bond

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Economy / FINTECH
21/10/2022

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The Nigerian government is to restructure its record N20 trillion debt to the central bank to bonds repayable in 40 years with interest rate of 9%,...

Crypto Classified As Financial Product, In South Africa’s Latest Adoption Move.

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Economy / NEWS / REGULATIONS
19/10/2022

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All Crypto assets henceforth will be identified as financial products in South Africa, to make it easier for regulators to monitor the market and help to...

Ghana Cedi Falls Like Luna and Worst Performing Currency Against USD

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Economy / FUNDING / NEWS
18/10/2022

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The Ghanaian cedi incessant falls, has made it to become the worst performing currency in the world after it lost 45.1 percent of its value to...

EU MiCA Laws Set To Checkmate Volatile Crypto Ecosystem and Protect Investors; A Call For African To Set Up Harmonized Regulatory Laws.

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Economy / NEWS / REGULATIONS
09/10/2022

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The European Union’s Markets in Crypto Assets Regulation (MiCA) a twenty seven (27) nation organization has resolved to offer a single, clear rulebook that would require...

Nigeria Executes First Pan African Payment and Settlement System Transaction In Africa.

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Economy / FINTECH / NEWS
09/10/2022

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Nigeria becomes the first country in Africa to record the first successful transaction through the Pan-African Payment and Settlement System (PAPSS). This comes after the payment...

Six African Fintech Start-ups Made The Top Global Promising Fintechs 2022.

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Economy / FINTECH / NEWS
06/10/2022

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Market intelligence platform, CB Insights has unveiled the winners of the fifth annual Fintech 250 — a list of the 250 most promising private fintech companies...

Kenya’s Central Bank Increases Key Interest Rate To Curb Inflation.

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Economy / NEWS
03/10/2022

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Kenya central bank monetary policy committee in the past week announced an increase to the central bank rate by 75 basis points from 7.5% to 8.25%....

Mara Wallet, Black Stars of Ghana Brand Sponsor Is Not Licensed; Bank Of Ghana.

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Economy / REGULATIONS / TRADING
30/09/2022

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Black Stars of Ghana’s latest sponsor, Mara, a non-bank financial institution has not been licensed by the Bank of Ghana or the Security and Exchange Commission...

Snapshot On 14 African Economies During The Week.

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Economy / NEWS
16/09/2022

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Nigeria According to the Organisation of Petroleum Exporting Countries (OPEC), Nigeria’s crude oil production plunged by 10.3% to 972,000bpd in Aug-2022 from 1,083,899bpd in Jul-2022. Thus,...

Nigeria on Economic Collapse; External Reserve Down to $15b, Experts Predict Sri Lanka Situation

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Economy / NEWS
04/08/2022

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Nigeria Nears Economic Collapse; External Reserve Down to $15b Contrary to CBN’s $36b Claim With Nigeria spending N5.9 trillion on imports in the first quarter, irrespective...