Tag: eNaira

CBN To Roll Out eNaira App For Persons Without Bank Accounts – Bitt CEO

Brian Popelka, chief executive officer (CEO) of Bitt Inc., has disclosed that the Central Bank of Nigeria (CBN) will soon roll out an eNaira application for persons without bank accounts…

CBN Needs To Manage Cyber Security, Operational Risks of eNaira – IMF

The International Monetary Fund (IMF) has charged Central Bank of Nigeria, CBN to manage cyber security and operational risks associated with the newly launched eNaira. An economist at the IMF’s…

Why We Introduced eNaira — CBN

The Central Bank of Nigeria explained that the Central Bank Digital Currency (CBDC) otherwise called eNaira was aimed at decreasing the use of physical cash in transactions. Its acting manager…

eNaira Will Boost Cross-Border Trade – CBN

Rakiya Mohammed, CBN director of information technology has explained the economic implications and importance of a centralised and regulated digital currency in the country. Last month, the CBN said it…

eNaira: All You Need to Know About Nigeria’s Digital Currency

What makes eNaira different from money in your bank account The Central Bank of Nigeria’s eNaira website has gone live ahead of the October 1 official launch. According to the…

Daily Report

Company Drags CBN To Court Over ‘eNaira’ Usage

A company known as ENAIRA PAYMENT SOLUTIONS LIMITED has sent a cease and desist notification to the Central Bank of Nigeria (CBN) with regards to the name “eNaira.” This is…

Daily Report

Buhari To Unveil eNaira on Monday

Osita Nwasinobi, spokesperson of the Central Bank of Nigeria, CBN says President Muhammadu Buhari will, on Monday, formally launch the country’s first digital currency, eNaira. Nwasinobi, who disclosed this in…

CBN Launches eNaira App, Merchant Wallet

The Central Bank of Nigeria on Monday, unveiled the Central Bank Digital Currency, eNaira. The eNaira, which was earlier scheduled to unveiled on October 1, 2021, was shifted to a…

Daily Report

eNaira: Digital Currency Will Boost GDP By $29bn in 10 Years – Buhari

President Muhammadu Buhari has said digital currency can increase the country’s GDP by $29 billion over the next 10 years. The president stated this while unveiling eNaira on Monday in…

‘Beware of Fake eNaira Social Media Accounts’ — CBN

The Central Bank of Nigeria (CBN) has advised Nigerians to be wary of fake social media handles of eNaira. Osita Nwanisobi, director, corporate communications at CBN, raised the alert in…