Monthly Archives: October 2021

Zimbabwe government to provide local currency fuel to motorists

The Zimbabwean government will implement a fuel supply program that can be purchased with local currency, relieving many motorists who cannot purchase fuel which must be paid for in foreign currency, as has been the case in almost all gas stations in the country. Zimbabwe’s Energy Regulatory Authority (ZERA) announced …

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How Gibraltar Became a Hotspot for Gaming and Cryptocurrency

From the port economy to the international financial hub: the overseas territory showing the way. Gibraltar is a British Overseas Territory located at the southern end of the Iberian Peninsula, jutting out into the entrance to the Mediterranean Sea. There are 14 British Overseas Territories, including Bermuda and the Falkland …

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E-Naira Won’t Affect Commercial Bank Deposits – Consultant

He spoke on the topic: “Cryptocurrency Vs E-Naira: Issues, Prospects And Challenges In The Nigerian Economy. ” Adedipus, who was the guest speaker, said e-Naira cannot replace deposits or reduce the ability of banks to create loans. “It has limits on the amount that can be easily carried in a …

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Top 10 Leading Companies in Currency Counting Machine Market –

Currency counter The currency counting machine market was recently added by Qurate Research to its extensive repository. This intelligence report includes investigations based on current scenarios, historical records and future forecasts. The report provides crucial statistics on the market status of the major players in the Currency Counting Machine market …

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MFIs want commercial bank status

ISLAMABAD: Micro Finance Institutions (MFIs) urged the government to give them the status of banks, aiming at the availability of credit at the same rates as those offered to commercial banks. This request was submitted to the Sub-Committee of the Special Committee on Agricultural Products chaired by Dr Aisha Ghaus …

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Afghan dispatches: “Commercial banks are unable to preserve their liquidity and this is leading them to bankruptcy. – LEGAL OFFICER – News

EXCLUSIVE JURIST – Law students and lawyers in Afghanistan file reports with JURIST on the situation there after the Taliban takeover. Here, a JURIST correspondent in Kabul comments on the current state of the struggling Afghan banking system under the Taliban. For reasons of confidentiality and security, we retain his …

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The first digital currency backed by the central bank

In the digital age, popular trends have spread like wildfire and the blockchain-enabled digital currency mania appears to be reaching critical mass. In the near future, the People’s Republic of China (PBOC) will launch a new “digital yuan,” essentially an online version of its existing currency (i.e., Chinese yuan, renminbi, …

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Nigeria’s new digital currency was developed by a subsidiary of Overstock.com

Sarah Tew / CNET The Central Bank of Nigeria on Monday launched a digital currency designed for use with its physical currency. ENaira’s release was officially announced via a Press release issued by the Central Bank of Nigeria. A central bank digital currency is a type of cryptocurrency controlled by …

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BUDGET 2022: Borrowing from commercial banks to finance the budget deficit is a recipe for disaster in an economy trapped by liquidity

BUDGET 2022: Take loans Of Commercial banks to finance the budget deficit is a recipe Disaster in an economy trapped in money LOAN D2.46 BILLION IN THE COUNTRY FINANCING THE DEFICIT WILL HAVE Catastrophic consequences for our fragile economy The approved draft estimate of revenues, recurring expenses and projected development …

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