Hello, and welcome to the Business Roundup this week. Here, we bring you highlights of events that happened during the week -from the capital market to...
The Central Bank of Nigeria (CBN) on Monday urged Nigerians to use the eNaira as an alternative to the banknotes. The CBN’s Director of Corporate Communications,...
The Governor of the Central Bank of Nigeria, Godwin Emefiele, said on Tuesday the country’s digital currency, eNaira, has recorded over 700,000 transactions worth N8 billion...
The Central Bank of Nigeria (CBN) has announced that the eNaira platform will be unavailable for a period of time. CBN disclosed this in a series...
The Central Bank of Nigeria (CBN) has approved a reward scheme for users of the eNaira, including merchants. This includes providing merchants with the required promotional...
The Unstructured Supplementary Service Data (USSD) code for the eNaira is *997#, according to the Central Bank of Nigeria (CBN). The USSD code was announced 10...
The Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, said on Thursday the digital currency, eNaira, has recorded N4 billion transactions since its launch...
The Central Bank of Nigeria (CBN) has dismissed report on planned replacement of Naira notes with the country’s digital currency, eNaira. Reports emerged at the weekend...
PricewaterhouseCoopers (PwC) has disclosed that person to business (P2B) dealings accounted for 90 percent of transactions on eNaira platform, as of December 2021, as it topped...
The eNaira will cause money laundering and financing of terrorism, according to the International Monetary Fund (IMF), as the global creditor revealed the digital currency possesses...
The International Monetary Fund (IMF) has declared central bank digital currencies (CBDCs) like eNaira are a better bet than cryptocurrencies. In a new statement, IMF managing...
It’s been about three months since the Central Bank of Nigeria (CBN) launched Africa’s first government-backed digital currency, but the Godwin Emefiele-led team are still struggling...
The Co-founder of FixIt45, an automotive services provider, Abdulazeez Ogunjobi, has attributed the delay in the integration of the country’s digital currency, eNaira, among payment options...
The Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, said on Friday night the country’s digital currency, eNaira, App recorded about 600,000 downloads in...
The International Monetary Fund (IMF) stated that Nigeria needs to unify its multiple exchange rates if its digital currency, eNaira, is to have an impact on...
The Central Bank of Nigeria (CBN) said on Friday the recently launched digital currency, eNaira, wallet has been downloaded 488,000 times in 160 countries across the...
The Central Bank of Nigeria (CBN) has announced that Nigerians exchanged N46.3 million worth of eNaira in the first two weeks after launch. This is according...
The Central Bank of Nigeria (CBN) on Wednesday urged Nigerians to heed its directives and forget about cryptocurrencies in order to avoid further financial losses. The...
The Central Bank of Nigeria (CBN) has warned Nigerians against conversing with a fake eNaira Twitter handle, @enaira_cbdc, stating that the financial regulator is not on...
The digital currency, eNaira’s app is no longer available for download on Google Playstore just 48 hours after the launch of the product. President Muhammadu Buhari...
President Muhammadu Buhari has revealed that the launch of Nigeria’s digital currency, the eNaira, will curb illegal financial transactions while boosting the financial sector. Buhari made...
The Naira remained unchanged against the United States Dollar after Monday trading activities at the Investors and Exporters (I&E) window. Data obtained from FMDQ securities showed...
Nigerians on social media have called on the President Muhammadu Buhari administration to manage the dwindling Naira first before proceeding to digitalize the country’s currency. The...
The Central Bank of Nigeria (CBN) has released N200 million worth of eNaira to banks for use in the country. The CBN Governor, Godwin Emefiele, disclosed...
President Muhammadu Buhari said on Monday the adoption of the digital currency, eNaira would increase Nigeria’s Gross Domestic Product (GDP) by $29 billion over the next...
Four hours after President Muhammadu Buhari launched the digital currency, eNaira App, Nigerians are having problems signing into the Central Bank of Nigeria (CBN) digital currency...
In a bid to curb the growing acceptance of cryptocurrency against fiat, and its influence in the financial asset class, governments are weighing central bank digital...
Nigeria’s central bank digital currency (CBDC) the eNaira, has gone live following an announcement by President Muhammadu Buhari on Monday. The official unveiling of the eNaira...
President Muhammadu Buhari will launch the country’s digital currency, eNaira, at the Presidential Villa, Abuja, on Monday. The Central Bank of Nigeria (CBN) disclosed this in...
The Central Bank of Nigeria (CBN) intends to ease access to the eNaira by allowing individuals without internet-enabled phones to obtain Nigeria’s digital currency when it...
Justice Taiwo Taiwo of the Federal High Court, Abuja, on Thursday urged the Central Bank of Nigeria (CBN) to adequately compensate ENaira Payment Solutions Limited for...
Justice Taiwo Taiwo of the Federal High Court, Abuja, on Thursday gave the Central Bank of Nigeria (CBN) the approval to use the eNaira for its...
The Central Bank of Nigeria (CBN) has denied that the website of eNaira, the country’s digital currency, was down earlier today, same day the CBDC was...
The Central Bank of Nigeria (CBN) has postponed the launch of its digital currency, eNaira. The CBN’s Director of Corporate Communications, Osita Nwanisobi, disclosed this in...
Close to the official launch of Nigeria’s digital currency, eNaira, Ripples Nigeria spoke with Natalie Hartman, Vice President, Marketing, of Bitt Inc, the foreign firm contracted by the...
A cease and desist letter has been sent to the Central Bank of Nigeria (CBN) regarding the use of the name “eNaira for its soon to...
The countdown for the official launch of the Central Bank of Nigeria’s (CBN) digital currency, the eNaira, has started, and we are now less that four...
The Central Bank of Nigeria (CBN) has disclosed that the government will have access to the eNaira transactions done by Nigerians and businesses. In a guideline...
