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digital currency

Money market

CBN to upgrade Nigeria’s digital currency

By Uthman Salami The Central Bank of Nigeria (CBN) has disclosed that it would go ahead with plans to upgrade Nigeria’s Digital Currency, otherwise known as Central Bank Digital Currency (CBDC) or the eNaira, noting that this would enable the…

NewsDirect
May 11, 2022

News

As Nigerians await CBN digital currency

On February 5, 2021, the Central Bank of Nigeria (CBN) for the third time in four years, warned against cryptocurrency operation in the country’s financial space, tagging it illegal. It also ordered commercial banks to close any of such account…

NewsDirect
September 9, 2021