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Tag "CBN enaira"

IMF: Using eNaira for cross-border payments may boost money laundering, terrorism financing

    IMF: Using eNaira for cross-border payments may boost money laundering, terrorism financing

The International Monetary Fund (IMF) says the expansion of eNaira for cross-border transfers and agency banking may boost money-laundering/financing of terrorism. The Bretton Woods institution said this in its recently

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eNaira speed wallet app records over 360,000 downloads — 10 days after launch

    eNaira speed wallet app records over 360,000 downloads — 10 days after launch

eNaira speed wallet app, Africa’s first digital currency, has recorded over 360,000 downloads from 160 countries in the world — ten days after release.  The Central Bank of Nigeria (CBN)

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eNaira: CBN is liable

    eNaira: CBN is liable

BY OPATOLA VICTOR The Central Bank of Nigeria (CBN) owes a high duty of care to each and every holder of the E-wallet account and has a fiduciary duty to

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CBN: Transactions on eNaira platform free for first 90 days

    CBN: Transactions on eNaira platform free for first 90 days

The Central Bank of Nigeria (CBN) says transactions on the eNaira platform will be free for the first 90 days, commencing from October 25, 2021. The apex bank made this

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CBN launches website for eNaira, Nigeria’s first digital currency

  CBN launches website for eNaira, Nigeria’s first digital currency

The Central Bank of Nigeria (CBN) has launched a website for the operations of eNaira, the country’s first digital currency.

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