eNaira

2 Minutes

National

Breaking: CBN marks 1st anniversary of eNaira

Akanji Philip October 22, 2022 0 Comment

The Central Bank of Nigeria (CBN), has unveiled activities to mark the first anniversary of its digital currency, the eNaira. The eNaira, which is Africa’s first Central Bank Digital Currency (CBDC), was formally...

Business -2 Minutes

eNaira downloaded over 566,000 times from 160 countries – CBN reveals

Olorungbotemi November 13, 2021 0 Comment

The Central Bank of Nigeria said on Friday that the eNaira wallet has been downloaded over 488,000 times from over 160 countries. The CBN said in a statement, “So far, we have...

Business -1 Minute

CBN: eNaira more reliable than cryptocurrency

Olorungbotemi November 3, 2021 0 Comment

The Central Bank of Nigeria has said that the eNaira is more reliable than cryptocurrencies. The CBN Director of Corporate Communications, Nnamdi Okwuosa, said this at the CBN Fair to sensitise stakeholders...

Technology -3 Minutes

CBN: We expect minor challenges — but eNaira is secure, dependable, and restored

Olorungbotemi October 29, 2021 0 Comment

The Central Bank of Nigeria (CBN) has assured Nigerians that its newly launched digital currency, eNaira, is secure and dependable despite challenges. Osita Nwanisobi, spokesperson of the apex bank, gave the assurance...

Technology -7 Minutes

What exactly will eNaira achieve, question addressed

Olorungbotemi October 28, 2021 0 Comment

Months after the Nigerian digital currency, the eNaira, was announced, they still have not told us what exactly it can achieve that is not already possible. From everything they have said so far, eNaira...

Economy -4 Minutes

eNaira: PMB predicts Increase in Nigeria’s GDP By $29bn, give reasons

Olorungbotemi October 26, 2021 0 Comment

President Muhammadu Buhari has said Nigeria’s new digital currency, eNaira, will increase the country’s Gross Domestic Product by $29 billion over the next 10 years. The President said this on Monday at...

Technology -9 Minutes

Nigeria makes history in Africa as eNaira kicks off

Olorungbotemi October 25, 2021 0 Comment

Nigeria makes history today as it becomes the first African country to digitise its currency, an exercise the Central Bank of Nigeria (CBN) has described as “one of the milestones of a long journey.”...

National Technology -2 Minutes

CBN: FG to unveil eNaira on Monday

Olorungbotemi October 24, 2021 0 Comment

The President, Major General Muhammadu Buhari (retd.), will formally unveil the Nigerian Central Bank Digital Currency, known as the eNaira, on Monday, at the State House, Abuja. The Director, Corporate Communications, CBN,...

1 Minute

Business National

CBN says eNaira will be unveiled on Monday

VAM News October 24, 2021 0 Comment

The Central Bank of Nigeria (CBN) has announced that Federal Government will on Monday, October 25, 2021, unveil its digital currency, known as the eNaira. The apex bank made this known in a statement...