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),…
Tag: eNaira
eNaira downloaded over 566,000 times from 160 countries – CBN reveals
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,…
CBN: eNaira more reliable than cryptocurrency
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…
CBN: We expect minor challenges — but eNaira is secure, dependable, and restored
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…
What exactly will eNaira achieve, question addressed
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…
ENaira: CBN Alerts Nigerians Over Fake Social Media Handles
The CBN has alerted Nigerians to beware of fake social media handles of eNaira. VAM News reports that the Central Bank of Nigeria has alerted Nigerians to beware of fake social media…
eNaira: PMB predicts Increase in Nigeria’s GDP By $29bn, give reasons
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…
Nigeria makes history in Africa as eNaira kicks off
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…
CBN: FG to unveil eNaira on Monday
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…
CBN says eNaira will be unveiled on Monday
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…