Tag: eNaira

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…