Reporting on Fintech, Bitcoin, Ethereum, Blockchain and Cryptocurrency News in Nigeria

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CBN Goes on e-Naira Local Markets Awareness Program Around the Country.

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The Central Bank of Nigeria has said that paper currency will soon be out of circulation, urging market men and women to sign into the e-Naira. The Delta State Branch Controller of CBN, Mr Godwin Okafor, stated this on Friday…

Company Sues CBN For ENaira Trademark Infringement.

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The name of the soon to be launched central bank of Nigeria’s digital currency, eNaira is under contest by a company claiming registered trademark for the name of the digital currency. A cease and desist letter was served to the…

eNaira, Nigeria’s Digital Currency Website Goes Live. Over 1 Million Visits Recorded. Launch Date Rescheduled.

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The official platform of the soon to be launched Central Bank of Nigeria’s (CBN) digital currency, the eNaira, has been hosted live, a week to the planned launch of the Central Bank Digital Currency (CBDC). The website has already recorded…

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…