DiutoCoinNews

Reporting on Fintech, Bitcoin, Ethereum, Blockchain and Cryptocurrency News in Nigeria

naira

Nigeria Rejects Naira Exchange Rate Unification Call From IMF 

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President Muhammadu Buhari has said his administration cannot unify the naira exchange rates because the local unit is still “susceptible to external shocks” that can affect Nigerians. The president said this in a written response to Bloomberg when asked why…

CBN Goes on e-Naira Local Markets Awareness Program Around the Country.

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The Central Bank of Nigeria has said that paper currency will soon be out of circulation, urging market men and women to sign into the e-Naira. The Delta State Branch Controller of CBN, Mr Godwin Okafor, stated this on Friday…

Analysts Predict Naira to Drop to Over N600/$1 at Parallel Market By End of 2022

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The analysts see significant depreciation across major foreign exchange windows with the official interbank window, the Investor and Exporters (I&E) window FX rate at N482/$1 before end of 2022. This development would also be replayed in the parallel market where…

Nigeria Crypto Traders : Luno Resumes Naira Deposit and Withdrawal.

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Nigerians trading cryptocurrency on Luno will be able to deposit and withdraw in local currency from November, the trading platform said on Monday. “We’re thrilled to announce that deposits and withdrawals in Naira will resume on the Luno platform in…

Future of Fiat Money With the Rapid Adoption of Cryptocurrency 

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Fiat money is a government issued currency that is not backed by a physical commodity but rather by the government that issued it. Most modern paper currencies are fiat currencies, including the U.S. dollar, the Euro, Naira and other global…

Naira Woes Continues. Hits All Time Low

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Naira declined against the U.S. dollar at the official market Friday, reaching its lowest rate in that market, even as foreign exchange supply rose marginally. Data from the FMDQ securities exchange window where forex is officially traded, showed that naira closed at…

Top List of Freelance Websites to Get You a Pay in Bitcoin in 2021

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This is a list of the top freelance website that can pay you in Bitcoin for job in 2020. These are websites which allow you to register either as an employer looking for a freelancer, or a freelancer looking to be employed.

President of Stakeholders in Blockchain Association in Nigeria (SIBAN) Endorses eNaira.

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Senator Ihenyen president of SIBAN said that the adoption of eNaira is a welcome push to the on going campaign to reduce the number of Nigerians that are financially excluded. The success of eNaira he stated will be on it’s…

OKEx Adds Support for NGN and Bank Transfer Payment Method on OKEx P2P Nigeria

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OKEx has added support for Nigerian Naira (NGN) and bank transfer payment method on OKEx P2P Nigeria OKEx P2P platform recently announced the addition of Nigerian NAIRA to its P2P platform to enable Nigerians, make easy deposits and withdrawals. The…

The Easiest Way to Own Foreign Account for Receiving Foreign Currency and Redeem to Naira Instantly.

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This is the easiest way to own Foreign Account and receive dollar, euros and other foreign currencies in Nigeria and redeem to Naira bank account.