30 results
- 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…
- 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…
- 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…
- 7 Oct 2021
CBN to Launch Digital Currency within Days- Emefiele
Central Bank of Nigeria (CBN) will launch the eNaira, its digital currency, in a couple of days from now, governor Godwin Emefiele told a conference on Thursday. He said this would make Nigeria "one…
- 26 Nov 2017
FG Lists Dangers of Digital Currencies as Bitcoin Hits $8,000
Nigerian Deposit Insurance Corporation (NDIC), the country’s financial sector insurance regulator, has again warned Nigerians against the risk of trading with digital currencies not issued by the…
- 10 Jun 2021
CBN may Launch Digital Currency End of 2021 – Official
Central Bank of Nigeria (CBN) on Thursday in Lagos said that its digital currency might be launched by the end of 2021. Pix credit....Makemoney.ng Mrs Rakiya Mohammed, an Information Technology…
- 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 Nov 2014
CBN Unveils Digital Currency to Mark Nigeria’s Centenary
Central Bank of Nigeria (CBN) yesterday unveiled a digital N100 paper note, first of its kind, to commemorate Nigeria's centenary. Godwin Emefiele, apex bank’s governor, during the launch at the…
- 13 Jan 2017
How Digital Fiat Currency Will Drive Financial Inclusion- eCurrency
Currency as a store of value, unit of account, and medium of exchange has accompanied society since the dawn of civilization and commerce. Fiat currency issued by the central bank under the law and…
- 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
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…
- 18 Jan 2017
CBN Bars Banks from Bitcoins, Other Virtual Currencies
Central Bank of Nigeria (CBN), yesterday, banned banks from any transactions in virtual currencies, saying that the move was necessitated by money laundering and terrorism financing risks inherent in…
- 22 Mar 2026
CBN Wins Central Bank of the Year Title @13th Global Awards
Central Bank of Nigeria (CBN) has been named Central Bank of the Year 2026 by an awards committee in London. The award recognises the bank’s major reforms that helped stabilise Nigeria’s economy and…
- 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,…
- 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…
- 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…
- 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…
- 16 Dec 2016
NDIC, CBN Mull Digital Currency to Battle MMM
Alhaji Umaru Ibrahim, Managing Director, Nigeria Deposit Insurance Commission (NDIC), yesterday said the commission and Central Bank of Nigeria (CBN) had set up a committee to look into the trending…
- 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…
- 27 Sept 2021
eNaira Official Platform Records 1m Hits Hours after Going Live
The official website of the Central Bank of Nigeria’s (CBN) digital currency, the eNaira, has gone live, days to the planned launch of the initiative. The eNaira is a digital currency that will be…
- 15 Oct 2017
NITRA: Okere Advocates for Improved FinTech Innovations
As “money is going digital” around the world, with central banks from England to China publicly floating the notion of issuing their own national digital currencies, it has become imperative for…
- 7 Nov 2021
Nigerians Cautious over CBN’s eNaira
Hundreds of thousands of Nigerians have opened digital wallets to hold the eNaira, Africa’s first digital currency, but sceptics warn that broad mistrust of the government could hurt its adoption.…
- 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 "…
- 9 Feb 2021
UN Fingers North Korea in $281m Digital Currency Heist
A preliminary United Nations inquiry into the theft of $281 million worth of assets from a cryptocurrency exchange last September “strongly suggests” links to North Korea. According to industry…
- 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…
- 13 Jun 2021
Jack Dorsey Tweets Support for Nigerian Digital Currency
Jack Dorsey, CEO of Twitter, has been signaling his support for Nigerian bitcoin adoption through a series of tweets over the weekend. Dorse is one of the big celebrity names in the crypto community.…
- 22 May 2023
CBN Wants School Fees Paid through e-Naira
Central Bank of Nigeria (CBN) has introduced a digital currency called e-Naira to Nigerian tertiary institutions to enable members of the academic environment to offer better payment prospects in…
- 8 Oct 2021
Citi Bank Launches New Report on Holistic Digital Policy
Citi bank has launched its latest Global Perspectives & Solutions (Citi GPS) report titled, “Holistc Digital,” in its bid to assist policy makers on the process of moving to a more digital…