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eNaira

Nigeria eyes national Nigerium blockchain for data sovereignty
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15 July, 2024

Nigeria eyes national Nigerium blockchain for data sovereignty

A local university proposed Nigerium to NITDA, with some initial use cases including land registration, certificate verification and digital identity.
China’s CBDC recipients sell it quickly; Nigeria plots ways to boost eNaira use
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14 May, 2024

China’s CBDC recipients sell it quickly; Nigeria plots ways to boost eNaira use

Chinese authorities insist that monitoring is only a concern with large transactions, as the digital yuan can be used for...
Nigeria’s central bank partners with blockchain firm to spark eNaira adoption
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14 March, 2024

Nigeria’s central bank partners with blockchain firm to spark eNaira adoption

The Central Bank of Nigeria has signed an MoU with Gluwa to integrate the startup’s blockchain-powered credit technology into the...
Stablecoins, enterprise adoption, regulations: Blockchain trends in Nigeria in 2024
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15 January, 2024

Stablecoins, enterprise adoption, regulations: Blockchain trends in Nigeria in 2024

Nigeria’s blockchain adoption will continue this year, with enterprise solutions taking center stage as blockchain goes beyond hype into the...
Nigeria cNGN stablecoin won’t launch in February after all
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9 January, 2024

Nigeria cNGN stablecoin won’t launch in February after all

The African Stablecoin Consortium has clarified that media reports of a February 27 launch are misinterpreted and are still in...
Nigerian banks to launch naira-pegged stablecoin cNGN in February
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8 January, 2024

Nigerian banks to launch naira-pegged stablecoin cNGN in February

The new stablecoin will be overseen by the Africa Stablecoin Consortium, which includes leading commercial banks, the central bank, and...
eNaira low adoption pushes Nigerian banks to develop stablecoin
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3 January, 2024

eNaira low adoption pushes Nigerian banks to develop stablecoin

The cNGN stablecoin will not be a substitute to eNaira, which recorded dismal adoption figures since its inception, but would...
Africa’s 2023 in review: Adoption soars, regulators catch up, and Bitcoin moves beyond speculation
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26 December, 2023

Africa’s 2023 in review: Adoption soars, regulators catch up, and Bitcoin moves beyond speculation

Digital assets came of age in 2023, moving beyond speculation and impacting remittances and payments as regulators started getting a...
Lorien Gamaroff at Digital Nigeria: Potential of blockchain in emerging economy
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31 October, 2023

Lorien Gamaroff at Digital Nigeria: Potential of blockchain in emerging economy

Centbee Founder and CEO Lorien Gamaroff talked about what should guide our decision-making, what blockchain needs to succeed in emerging...
eNaira doesn’t threaten financial stability: Nigeria’s central bank
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14 October, 2023

eNaira doesn’t threaten financial stability: Nigeria’s central bank

The Central Bank of Nigeria says that a paper it published two weeks ago has been misrepresented by news outlets...
Nigeria revising CBDC model to boost eNaira adoption
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5 August, 2023

Nigeria revising CBDC model to boost eNaira adoption

The central bank didn’t reveal details on how it would amend Africa’s first CBDC but says the goal is to...
Nigeria’s central bank upgrades eNaira with NFC, programmability features
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22 July, 2023

Nigeria’s central bank upgrades eNaira with NFC, programmability features

Joseph Angaye, deputy director of the Central Bank of Nigeria’s risk management department, disclosed that the CBN will continue to...