e-naira

Nigerian CBDC Adoption Lags, Makes Up Less Than 1% of Currency in Use

Nigeria’s central bank digital currency, known as the eNaira,… More…

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Nigerian Central Bank Says Amended CBDC Model to Ensure Increased Volumes and Wallet Activity

The Nigerian central bank has said it is amending the model of its central… More…

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Report: Nigeria to Stop Cash Withdrawals From Government Accounts

From the start of March, Nigerian public officials will be barred … More…

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Nigerian Central Bank Increases Cash Withdrawal Limits After Receiving ‘Feedback From Stakeholders’

Barely a month after announcing the restricting of cash withdrawals… More…

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Nigeria set to pass bill recognizing Bitcoin and cryptocurrencies

The slated law comes as Nigeria’s eNaira has only managed to obtain… More…

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‘Cryptocurrencies Like Bitcoin Make Global Commerce Easy’ — Founder of Nigerian Crypto Exchange

Despite the Central Bank of Nigeria (CBN)’s Feb. 5, 2021 directive… More…

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Nigeria’s Rising Inflation and Foreign Exchange Shortages Fueling Devaluation Speculation — IMF Mission

According to the International Monetary Fund (IMF)’s mission… More…

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