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