The Central Bank of Nigeria (CBN) is reportedly in consultation to re-engineer its Central Bank Digital Currency, the eNaira. Per a report by Bloomberg, the Apex...
The Central Bank of Nigeria is set to release a credit card for local transactions. Nigerians will have it as an option alongside Mastercard, Discovery, and...
Big data and artificial intelligence are becoming an integral part of recent developments around the world. The statement, that data is oil, is becoming entrenched in...
In a report, the Nigeria Payments System Vision, 2025, by the Central Bank of Nigeria, the African nation seeks to explore an international Central Bank Digital...
The Central Bank of Nigeria, in a letter to all Deposit Money Banks (DMBs) and financial institutions, gave a new cash withdrawal policy which was stated...
African countries are exploring the virtual form of their currency which can improve their approach to exchanges and cash flow as well as to economic activities...
On the 5th of February, 2021, the Central Bank of Nigeria headed by the Governor, Emefiele Godwin issued a circular prohibiting financial institutions from facilitating cryptocurrency...
Following the continuous aggression towards crypto and crypto businesses by the Central Bank of Nigeria, KurePay has decided to suspend its operations in the country. ...
The eNaira has attracted half a million users and about 780,000 merchants in over 160 countries a few weeks after launch. The Central Bank of...
On today’s session of the #InsideBlockchain, we explore the recent letter issued by the CBN to Financial Institutions mandating them to monitor, restrict and freeze bank...
The Central Bank of Nigeria (CBN) on the 5th of February, 2021, gave a restrictive order to all Local banks and Financial institutions regarding accounts with...
Some months ago, precisely in the month of June, the Central bank of Nigeria) (CBN) announced that the first African Central Bank Digital Currency (CBDC) dubbed...
As the world adopts a new way of financial transactions, Nigeria has embraced this trend by launching its own central bank digital currency or CBDC dubbed...
In this session of the Inside Blockchain Show on the 1st of November 2021, we focus on Nigeria’s Digital Currency, eNaira, as we explore its impact...
The Federal Government of Nigeria has indicated interest to join the Financial Action Task Force (FATF), a global money laundering and terrorist financing watchdog. This was...
The eNaira speed digital wallet is back online on the Google Play App Store with an update. The eNaira Speed wallet was removed from the App...
48 hours after the launch of the Nigeria's Central Bank Digital Currency, eNaira, it goes missing on the Google Play Store after receiving numerous bad reviews.
CBN Freezing Bank Accounts for Crypto Trading is illegal according to a Judge sitting at a Federal High Court in Abuja.
After the long-awaited launch of the Central Bank of Nigeria’s digital currency or CBDC, His Excellency, President Muhammadu Buhari, the President of the Federal Republic of...