24 results
- 1 Oct 2021
Visa Mulls Central Blockchain System for Digital Currencies
Visa has said it is working on an interoperability system that would work across different blockchain networks and connect different Central Bank Digital Currency networks across the world. According…
- 1 Feb 2021
Some Africa’s Central Banks Consider Exploring Digital Currencies
Three African countries participated for the first time in a Bank for International Settlements (BIS) survey that shows about a fifth of the world’s central banks are likely to issue their own…
- 10 Aug 2021
e-Naira: CBN to Fortify Nigeria’s Digital Currency
Central Bank of Nigeria (CBN) has described the e-Naira, Nigeria’s proposed digital currency as a critical national infrastructure, a term used by governments to describe assets that are essential…
- 23 Jul 2021
CBN to Launch Pilot Digital Currency on October 1
Central Bank of Nigeria (CBN), will launch the pilot scheme of its digital currency by October 1 this year, according to Rakiya Mohammed, director, information technology director, CBN. Mohammed who…
- 22 Sept 2021
Why We are Introducing e-Naira – CBN
Central Bank of Nigeria (CBN) on Wednesday gave further information on its to launch the Central Bank Digital Currency (CBDC) on October project which is set for launch on October 1. Speaking in a…
- 30 Sept 2021
CBN Postpones Launch of eNaira
Central Bank of Nigeria (CBN), has postponed its Central Bank Digital Currency (CBDC), known as eNaira, due for today, the country’s 61st independence anniversary, according to Mr. Osita Nwanisobi,…
- 25 Oct 2021
CBN’s eNaira to Grow Nigeria’s GDP by $29bn in 10yrs — Buhari
President Muhammadu Buhari has said that the adoption of Central Bank Digital Currency (CBDC) can increase Nigeria’s Gross Domestic Product (GDP) by 29 billion dollars over the next 10 years. Buhari…
- 9 Aug 2026
Interswitch, Temenos Commit to Advancing Nigeria’s Digital Banking Technology
Interswitch Group, an integrated digital payments and commerce company, together with global banking software provider, Temenos have reassured the Central Bank of Nigeria (CBN) of their commitment to…
- 20 Apr 2021
Cryptocurrency: UK Mulls 'Britcoin' Digital Currency
The UK government is exploring the possibility of creating a new digital currency that could be known as 'Britcoin'. The Bank of England and the Treasury said on Monday, April 19, that they will work…
- 12 Jun 2022
CBN to Introduce USSD Code to Improve eNaira
The Central Bank of Nigeria (CBN), says it is set to introduce the Unstructured Supplementary (USSD) code as part of steps to improve the Central Bank Digital Currency (CBDC). Kingsley Obiora, deputy…
- 15 Aug 2021
EMTECH, Global InfoSwift Partner to Provide Capacity Building on Regulatory Sandbox, Others for Nigerian Financial Sector
EMTECH, a Fintech for Central Banks and GIC announce its partnership to deliver capacity building in three core and interrelated areas: Central Bank Digital Currency, Regulatory Sandbox Framework,…
- 25 Oct 2021
Bitt Claims Credit for Developing eNaira
Bitt, the global financial technology company that provides digital currency and stablecoin solutions to central banks, financial institutions and ecosystem participants worldwide has claimed credit…
- 24 Feb 2023
CBN to Add More Telcos on eNaira
The Central Bank of Nigeria (CBN) has announced that it is in talks to include other telcos on the Central Bank Digital Currency (CBDC) eNaira platform to widen its adoption and acceptance…
- 27 Oct 2021
CBN Alerts Public of Fake e-Naira Twitter Handle
The Central Bank of Nigeria (CBN) has warned Nigerians to beware of fake social media handles of eNaira. President Muhammadu Buhari, launched the central bank digital currency, called eNaira, on…
- 12 Dec 2021
Technext Rallies Blockchain Stakeholders on the Future of Digital Currencies @ Africa's Largest Cryptocurrency Gathering in Lagos
Technology news platform, Technext, held the maiden edition of its Technext coinference on Thursday, December 9th at the Pistis Conference Center in Lekki, Lagos. During a Panel session themed "…
- 19 Sept 2022
Clickatell Helps Nigerians Access eNaira Services, Boosting Financial Inclusion
Clickatell, a CPaaS innovator and Chat Commerce leader, has partnered with the Central Bank of Nigeria (CBN) to deliver fast, simple, and cost effective eNaira banking services to all Nigerians using…
- 9 Dec 2021
Championing Financial Literacy in the Digital Economy
Digital technology has made financial services borderless and allowed access to other countries' financial products and services. Financial markets have become more digitized, and new currencies have…
- 30 Aug 2021
CBN Pegs Transfer Limits as e-Naira Takes off October 1
Central Bank of Nigeria (CBN) has set an initial transaction limit of N50,000 for non-account preparatory to the take-off of its digital currency set for October 1. In a guide released by the apex…
- 29 May 2023
CBN Vows to Promote Adoption of e-Naira
The Central Bank of Nigeria (CBN) has taken the sensitisation drive of e-Naira to women during the Law Ladies Day programme at the University of Lagos (UNILAG), Yaba Lagos. The move according to the…
- 23 Feb 2022
EMTECH, Global InfoSwift Consulting (GIC) Launch ‘FINREG Learn’ for Financial Services Providers
EMTECH, a fintech for central banks and regulators, and Global Infoswift Consulting (GIC) has unveiled FINREG Learn (finreglearn.org), a capacity-building event in three core and interrelated areas:…
- 23 Nov 2021
eNaira: CBN Rallies PSPs, Fintechs to Deepen Adoption
The Central Bank of Nigeria (CBN) yesterday said it was working with key stakeholders in the payment system ecosystem to boost the adoption of its digital currency known as the eNaira. The…
- 14 Jun 2026
CBN to Expand eNaira for Salaries, Pensions and Welfare Payments
Central Bank of Nigeria (CBN) is outlining plans to process salaries, pensions, and social welfare benefits through the eNaira. The proposal is outlined in the Nigeria Payments System Vision 2028…
- 7 Mar 2024
CBN Inks MoU with Gluwa, a Blockchain Firm to Boost eNaira Adoption
Central Bank of Nigeria has signed a Memorandum of Understanding with blockchain firm, Gluwa, to accelerate the adoption of eNaira, Nigeria’s digital currency. In an announcement made on Thursday,…
- 18 Oct 2021
CBN Adds Feature to Make eNaira available without Internet-Enabled Phones
Central Bank of Nigeria (CBN) has announced that the yet-to-be-launched eNaira will have a new add-on that will enable users to complete transactions with mobile phones without Internet capability.…