Bank customers displayed massive interest in the Central Bank of Nigeria’s (CBN) eNaira initiative downloading over 100,000 wallets in seven days. President Muhammadu Buhari had launched the eNaira on Monday the 25th of October 2021, making Nigeria the first African…
Dr Biodun Adedipe, Chief Consultant, B. Adedipe Associates Ltd., said the e-Naira introduced by the Central Bank of Nigeria (CBN) would not affect deposits of commercial banks. Adedipe said this at the National Business Extra fourth anniversary lecture/awards, on Thursday…
…As CBN releases guidelines for eNaira …Aggressive awareness required to achieve projection — Experts By Ariemu ogaga, Abuja President Muhammadu Buhari said on Monday that Nigeria’s new digital currency, eNaira, will increase the country’s Gross Domestic Product (GDP) by $29billion over…
President Muhammadu Buhari has launched the country’s digital currency, eNaira. The event was held on Monday at the State House in Abuja, with the Vice President, Yemi Osinbajo; governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, and other…
Following the launch of the enaira by President Muhamadu Buhari, the application for the digital currency introduced by the CBN has become available for download, with more than 5000 downloads within hours of the launch. This is as the apex…
By Kayode Tokede President Muhammadu Buhari is scheduled to formally unveil the Central Bank’s Digital Currency (CBDC), known as the eNaira, on Monday in Abuja. The Director, Corporate Communications, Central Bank of Nigeria (CBN), Osita Nwanisobi in a statement on…
The Central Bank of Nigeria (CBN) has stated that the eNaira can serve as a medium for the government to send direct payments to citizens eligible for specific welfare programs. The apex bank in a document titled, “Design Paper for…
By Kayode Tokede The Central Bank of Nigeria (CBN) has stated that the eNaira is expected to boost diaspora remittance inflow to the country. The apex bank in a document titled, “Design paper for the eNaira”, said the eNaira is…
The Central Bank of Nigeria on Thursday announced the postponement of the planned unveiling of the country’s digital currency, e-Naira. The Spokesman of the CBN, Mr Osita Nwanisobi, announced this in a statement on Thursday titled ‘CBN defers eNaira launch…
Kayode Tokede with NAN A Some Financial Experts have urged the Central Bank of Nigeria (CBN) to take cognizance of the impact its proposed digital currency (eNaira) might have on the country’s financial sector. The experts spoke in separate interviews…
