Court grants CBN sole ownership of eNaira platform
The Federal High Court sitting in Abuja, on Friday, granted the Central Bank of Nigeria sole ownership rights to the eNaira digital…
eNaira
eNaira transactions rise 284% in August – CBN
The Central Bank of Nigeria has recorded a 284.6% rise in the transaction volume of its digital currency, eNaira, for August 2023.…
eNaira not a threat to Nigeria’s financial stability – CBN
The Central Bank of Nigeria refutes the assertion that the naira, the country’s Central Bank Digital Currency, poses a risk to the country’s…
eNaira balances hit N2.5bn in 2022
Nigeria’s central bank’s digital currency, the eNaira, saw a significant increase in total balances in 2022, reaching N2.5 billion. According to Nairametrics,…
CBN unveils plan to revamp eNaira
The Central Bank of Nigeria is taking steps to revitalize its digital currency, the eNaira, in a bid to boost adoption and…
CBN orders banks to pay diaspora remittances in naira
The Central Bank of Nigeria has issued a directive to International Money Transfer Operators to pay dollars received through Diaspora remittances to…
CBN approves eNaira as payment option for diaspora remittance
The Central Bank of Nigeria announced that it has given recipients of diaspora remittances the opportunity to make payments using its digital…
Nigerians’ use of eNaira disappointingly low – IMF
The eNaira’s public adoption by the Nigerian populace has been deemed ‘disappointingly low’ by the International Monetary Fund. According to The…
100% cashless economy possible in Nigeria – Emefiele
The Governor of the Central Bank of Nigeria, Godwin Emefiele has said that the goal of the apex bank to make Nigeria…
eNaira records N8bn worth transaction – CBN
The Central Bank of Nigeria has recorded 700,000 eNaira transactions worth N8bn in the last year. According to Channels, this was stated…
eNaira hits 905k downloads
At least 905,588 Nigerians have downloaded the eNaira on the Apple and Google application stores, the Central Bank of Nigeria has said.…
CBN opens eNaira to USSD transaction
Beginning next week, Nigerians will be able to access eNaira through the Unstructured Supplementary Service Data code on their mobile phones, the…