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Tag "eNaira"

ICYMI: eNaira ranked first on PwC global index of top retail CBDC projects

    ICYMI: eNaira ranked first on PwC global index of top retail CBDC projects

PricewaterhouseCoopers (PwC) says the Central Bank of Nigeria’s (CBN) eNaira, and the Sand Dollar, issued by the Central Bank of the Bahama, topped retail central bank digital currency (CBDCs) projects

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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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‘589k wallets, GTB leads adoption’ — how eNaira performed in its first month

    ‘589k wallets, GTB leads adoption’ — how eNaira performed in its first month

In October, The Central Bank of Nigeria (CBN) unveiled the very first Central Bank Digital Currency (CBDC) in Africa with a lot of national and international interest on how well

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Crypto ban, halt in FX sale to BDCs… 5 CBN policies that impacted Nigerians in 2021

    Crypto ban, halt in FX sale to BDCs… 5 CBN policies that impacted Nigerians in 2021

Throughout 2021, the Central Bank of Nigeria (CBN) implemented various reforms and policies to ensure economic and financial stability. While it received kudos for some of its policies, the apex

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eNaira app recorded 600,000 downloads in less than a month, says Emefiele

  eNaira app recorded 600,000 downloads in less than a month, says Emefiele

Godwin Emefiele, governor of the Central Bank of Nigeria (CBN), says the eNaira application has registered almost 600,000 downloads since

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CBN: eNaira will work with other countries’ digital currencies

  CBN: eNaira will work with other countries’ digital currencies

The Central Bank of Nigeria (CBN) says eNaira, its digital currency, will be interoperable with other central bank digital currencies

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IMF: CBN needs to manage cyber security, operational risks of eNaira

  IMF: CBN needs to manage cyber security, operational risks of eNaira

The International Monetary Fund (IMF) says there is a need to manage cyber security and operational risks associated with the

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Is the eNaira the key to unlocking financial inclusion in Nigeria?

  Is the eNaira the key to unlocking financial inclusion in Nigeria?

BY FAIDAT ABDULLAHI On October 25, 2021, President Muhammadu Buhari officially launched Nigeria’s central bank digital currency (CBDC) called the

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CBN to roll out eNaira app for persons without bank accounts, says Bitt CEO

  CBN to roll out eNaira app for persons without bank accounts, says Bitt CEO

The Central Bank of Nigeria (CBN) will soon roll out an eNaira application for persons without bank accounts to boost

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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

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