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eNaira

Nigeria Digital Currency, eNaira Safer Than Privately Issued Cryptocurrencies : CBN

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Central Bank of Nigeria deputy governor, Folashodun Shonubi has claimed that the country’s upcoming central bank digital currency (CBDC) will be a “safer option from privately issued cryptocurrency.” He made the assertion at a virtual event organized by the Chartered…

Will Nigerian Banks Survive eNaira ?

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The much anticipated unveil­ing of digital currency by the Central Bank of  Nigeria (CBN), also known as e-naira, according to analysts, is a major step in digital banking that will benefit consumers but not good for the banks. ­In this…