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Tag "eNaira"

CBN partners blockchain firm to boost eNaira adoption

    CBN partners blockchain firm to boost eNaira adoption

The Central Bank of Nigeria (CBN) has signed a memorandum of understanding (MoU) with Gluwa, a blockchain firm, to drive the increased adoption of eNaira, Nigeria’s digital currency. On October

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Crypto experts to CBN: Collaborate with fintechs to boost eNaira adoption

    Crypto experts to CBN: Collaborate with fintechs to boost eNaira adoption

Stakeholders have advised the Central Bank of Nigeria (CBN) to collaborate with fintech companies to aid the adoption of eNaira.  The eNaira, a central bank digital currency (CBDC), is an

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Adopt eNaira platforms for collecting fees, CBN tells FUTA

    Adopt eNaira platforms for collecting fees, CBN tells FUTA

The Central Bank of Nigeria (CBN) has called on the Federal University of Technology, Akure (FUTA) to adopt eNaira platforms for collection of tuition and other financial transactions.

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‘98.5% of wallets unused’ — IMF says eNaira adoption disappointingly low

    ‘98.5% of wallets unused’ — IMF says eNaira adoption disappointingly low

The International Monetary Fund (IMF) says 98.5 percent of eNaira wallets have not been used even once. In its recently released working paper titled ‘Nigeria’s eNaira, One Year After’, the

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Retail CBDCs pose unpredictable risks to financial system, says IMF

  Retail CBDCs pose unpredictable risks to financial system, says IMF

Kristalina Georgieva, managing director, International Monetary Fund (IMF), says a myriad of unforeseeable consequences could be brought about by retail

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Over 57m Nigerians have enrolled for BVN, says CBN

  Over 57m Nigerians have enrolled for BVN, says CBN

The Central Bank of Nigeria (CBN) says over 57 million citizens have enrolled for their bank verification numbers (BVN) as

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‘Vouchers to fund wallets’ — CBN introduces new eNaira features amid naira scarcity

  ‘Vouchers to fund wallets’ — CBN introduces new eNaira features amid naira scarcity

The Central Bank of Nigeria (CBN) has announced the development of eNaira enhanced services to address challenges faced by unbanked

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Report: CBN in talks with R3, US-based firm, for tech revamp of eNaira

  Report: CBN in talks with R3, US-based firm, for tech revamp of eNaira

The Central Bank of Nigeria (CBN) is in talks with potential technology partners to develop a new system to run

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CBN to Nigerians: Embrace eNaira, internet banking as alternatives to cash

  CBN to Nigerians: Embrace eNaira, internet banking as alternatives to cash

The Central Bank of Nigeria (CBN) has asked Nigerians to embrace eNaira and internet banking as alternatives to cash transactions.

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eNaira: Our goal is to achieve 100% cashless economy, says Emefiele

  eNaira: Our goal is to achieve 100% cashless economy, says Emefiele

The Central Bank of Nigeria (CBN) says it is making efforts to ensure that Nigeria operates a 100 percent cashless

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