eNaira

IMF Gives eNaira Thumbs Up In First Year Report

Nigeria's eNaira central bank digital currency (CBDC) has now been in operation for over a year, and the International Monetary…

1 year ago

Central Bank Of Nigeria Increases CBDC Use By Restricting Cash Withdrawals

Nigeria is pushing hard in the adoption of digital currency and moving towards a cashless society as the country's central…

2 years ago

Nigeria’s ATM Withdrawal Limit Is $45 A Day To Promote The Use Of CBDC

To encourage the usage of the eNaira, Nigeria has dramatically curtailed the amount of currency that people and businesses can…

2 years ago

With The eNaira Application Facing Difficulties, Nigeria Switches To Issuing New Banknotes

Godwin Emefiele, governor of the Central Bank of Nigeria (CBN), has said that his organization would begin issuing freshly designed…

2 years ago

Less Than 0.5% Of Nigeria Population Is Leveraging eNaira

Almost a year after Nigeria became the first country to launch a central bank digital currency (CBDC), fresh data suggest…

2 years ago

Nigeria’s CBDC Project Is Growing Stronger

Godwin Emefiele, governor of the Nigerian Central Bank, told guests at the eNaira Hackathon that technical improvements will increase the…

2 years ago

Digital Currency Get The Backing of Nigeria’s Presidential Candidate

A Nigerian presidential candidate has endorsed digital currencies, expressing faith in their potential and rejecting the notion that they could…

2 years ago

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