eNaira Archives

eNaira hits $10M in transactions as Nigeria central bank targets 10-fold growth

-

24 August, 2022

eNaira hits $10M in transactions as Nigeria central bank targets 10-fold growth

The eNaira adoption has been lackluster, with the total transaction volume over the past year being just a fraction of...

Nigeria’s eNaira now available via USSD to boost adoption and financial inclusion

Business

Steve Kaaru

-

19 June, 2022

Nigeria’s eNaira now available via USSD to boost adoption and financial inclusion

The central bank believes that making the eNaira available to feature phone users will boost uptake, although some are skeptical...

Nigeria SEC publishes digital asset regulations amid central bank crackdown

Business

Steve Kaaru

-

20 May, 2022

Nigeria SEC publishes digital asset regulations amid central bank crackdown

The securities regulator has issued policies for ICO issuers, digital asset exchanges, custodians, VASPs, and when assets qualify as securities,...

Nigeria upgrades eNaira to widen payments scope

Business

Steve Kaaru

-

13 May, 2022

Nigeria upgrades eNaira to widen payments scope

The Central Bank of Nigeria said the upgrade makes onboarding easier, makes the wallet faster, and allows users to create...

PwC: More than 80% of central banks have considered launching CBDC

Business

Steve Kaaru

-

9 April, 2022

PwC: More than 80% of central banks have considered launching CBDC

The PwC Global CBDC Index placed Nigeria and the Bahamas at the top of the retail CBDC developments, with Thailand...

IMF: Nigeria’s eNaira could be used for terrorism financing, money laundering

Business

Steve Kaaru

-

28 February, 2022

IMF: Nigeria’s eNaira could be used for terrorism financing, money laundering

The IMF says that eNaira could raise financial inclusion to meet the ambitious target of 95%, but says Nigeria must...

Tanzania central bank wants to develop own digital currency

Business

David Abel

-

4 December, 2021

Tanzania central bank wants to develop own digital currency

The Bank of Tanzania is looking to expand its digital currency research and development team capacity, following the footsteps of...

Nigeria’s eNaira mobile app sees 500,000 downloads weeks after launch

Business

Steve Kaaru

-

19 November, 2021

Nigeria’s eNaira mobile app sees 500,000 downloads weeks after launch

The Central Bank of Nigeria further said that $150,000 had been transacted on its app, with 78,000 merchants from 160...

After initial glitches, eNaira gains traction in Nigeria

Business

Steve Kaaru

-

4 November, 2021

After initial glitches, eNaira gains traction in Nigeria

The eNaira was launched by President Muhammad Buhari, and after a few glitches, it’s starting to gain traction as more...

Nigeria rolls out eNaira digital currency to cultivate economic growth

Business

David Abel

-

30 October, 2021

Nigeria rolls out eNaira digital currency to cultivate economic growth

Plans for the digital currency have been ongoing in the last four years and according to CBN Governor Godwin Emefiele,...

Nigeria central bank wins court battle over ‘eNaira’ trademark infringement claims

Business

Steve Kaaru

-

6 October, 2021

Nigeria central bank wins court battle over ‘eNaira’ trademark infringement claims

A fintech firm went to court to sue the Central Bank of Nigeria for trademark infringement over use of eNaira,...

Nigeria CBDC website goes live as October launch draws near

Business

Steve Kaaru

-

29 September, 2021

Nigeria CBDC website goes live as October launch draws near

The website for the eNaira has launched, introducing the public to the CBDC and touting its benefits, as the official...

eNaira

Recent

Trending

Most Views