30 results
- 10 May 2022
CBN Asks Nigerians to Embrace e-Naira to Curb Fake Alerts
Central Bank of Nigeria (CBN) has charged the banking public to key into its e-Naira platform to avoid fake mobile money transfers. Mr Godfrey Boyor, Lagos branch Controller, stated this during the…
- 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…
- 2 May 2025
Court Rejects Bid to Stop CBN from Using e-Naira Trademark
Federal High Court in Abuja has rejected the request to stop the Central Bank of Nigeria (CBN) from using the e-naira trademark for the growth of the country’s economy. Justice James Omotosho refused…
- 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…
- 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…
- 20 May 2022
e-Naira: Paper Notes to be out of Circulation Soon – CBN
Mr Godwin Okafor, an official of the Central Bank of Nigeria (CBN), has urged traders to embrace the e-naira, noting that paper naira notes will soon be out of circulation. Okafor, controller, Delta…
- 16 Nov 2021
IMF Warns CBN Over e-Naira Risks
The International Monetary Fund (IMF) has said that the recently launched e-Naira has the potentials for Financial Inclusion and boost Diaspora remittances but could pose risks to Nigeria’s financial…
- 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…
- 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…
- 6 May 2022
CBN to Upgrade eNaira with Bills Payment
Central Bank of Nigeria (CBN) said, it will, before the end of this month, introduce payment of bills on eNaira, Nigeria’s digital currency. This is in a move to step up the campaign on its digital…
- 3 Dec 2021
CBN Guarding eNaira against Hackers, Fraudsters – Spokesman
Central Bank of Nigeria (CBN) has assured that it has put in place effective mechanisms to insulate the e-Naira from hackers and fraudsters. Mr Osita Nwanisobi, director, Corporate Communications…
- 18 Aug 2022
eNaira Transactions Hit N4bn
Transactions on the Central Bank of Nigeria (CBN) digital currency, the e-Naira, platform has hit N4 billion, since its launch in October, last year. Mr. Godwin Emefiele, the CBN Governor, gave the…
- 28 Oct 2021
CBN, Security Agencies Crackdown on Ponzi Scheme Operators
Central Bank of Nigeria (CBN) is collaborating with security agencies in the country to fish out and prosecute ponzi scheme operators who specialise in defrauding innocent Nigerians of their money,…
- 4 Jul 2022
Remita Introduces eNaira on Payment Platform
Remita, Africa’s leading electronic payment brand, has introduced e-Naira, the digital currency of the Central Bank of Nigeria (CBN), as an additional payment option across all its touch points. With…
- 2 Dec 2021
CBN Frowns at Banks Apathy to eNaira
The Central Bank of Nigeria (CBN) has knocked commercial banks across the country for not promoting the e-Naira launched with fanfare by the President Muhammadu Buhari, in October, 2021. The apex…
- 21 Dec 2021
CeBIH Seeks Collaboration to Fix Challenges Facing e-Business Industry
Adeyemi Atanda, the Chairman of the Committee of E-Business Industry Heads (CeBIH), has stated that the challenges facing the e-business industry in Nigeria could be fixed if more collaboration is…
- 28 Nov 2021
eNaira Downloads Almost 600,000 in Less than 4 weeks – Emefiele
Godwin Emefiele, Governor of the Central Bank of Nigeria, has said that in less than four weeks, the eNaira app had witnessed almost 600,000 downloads since its launch in October. Emefiele disclosed…
- 29 Oct 2021
eNaira Facing Minor Challenges, But is Secure – CBN
Central Bank of Nigeria (CBN) has said that the said the security and dependability of the eNaira stems from the fact that it uses cryptographic technologies encrypted with two factors for…
- 22 May 2022
CBN Dismisses Report on Planned Replacement of Naira Notes with eNaira
Central Bank of Nigeria (CBN) has dismissed report on planned replacement of Naira notes with the country’s digital currency, eNaira. Reports emerged at the weekend that the apex bank will phase out…
- 13 Jul 2023
CBN Directs Banks to Pay Diaspora Remittances to Beneficiaries in Naira
Central Bank of Nigeria (CBN) has directed International Money Transfer Operators (IMTOs) to commence remittances pay-out in both Naira and foreign exchange to beneficiaries, according to Vanguard…
- 28 Jul 2021
CBN Says eNaira Will Make Transactions Cheaper
Central Bank of Nigeria (CBN) has said that transactions will be cheaper to conduct with eNaira, Nigeria’s digital currency. Godwin Emefiele, governor, who spoke in Abuja at the end of the bi-monthly…
- 19 Dec 2021
CITN Clarifies Nexus Between eNaira and Taxation
The Chartered Institute of Taxation of Nigeria, CITN has shed more light on transactions effected via eNaira and how they are affected by taxation. The institute gave the clarification at a business…
- 19 Jan 2024
Go Beyond Banking, Do Everything and More with the AccessMore app
The last time a family member of mine booked a plane ticket they had to go to the airport to do it. Imagine if you could book international flights from the comfort of your hands. Imagine being able…
- 17 Mar 2022
CBN Says Banks Refunded over N95Bn to Customers in 2021
Central Bank of Nigeria (CBN) has said that cumulative refund by banks to customers as at December ending 2021 stood at N95.2 billion. This is contained in data released by the bank at the opening…
- 22 Feb 2022
NCC Reaffirms Commitment to Tackling Telecom Infrastructure Deficit
The Nigerian Communications Commission (NCC) has reiterated its commitment towards the implementation of various regulatory initiatives and programmes, in collaboration with all stakeholders in the…
- 24 Nov 2023
Blockchain Policy Adoption will Enhance Secured, Transparent Government Processes – DG NITDA
Kashifu Inuwa, Director General, National Information Technology Development Agency, (NITDA) has stated that with the increased distrust in governance in Nigerian with the manipulation government…
- 22 Dec 2023
Emefiele Operates 593 Illegal Bank Accounts in US, UK, China – CBN Investigator
Godwin Emefiele, former Central Bank of Nigeria (CBN) Governor, has been allegedly accused of financial misconduct, including the operation of 593 illegal bank accounts in the United States, United…
- 6 Mar 2024
Reps Consider Law to Regulate Crypto Transactions
The House of Representatives, through a motion, resolved to investigate the national security implications of cryptocurrency, and other digital asset transactions. The House is also to investigate…
- 2 May 2022
AfDB Mulls Partnership with MFBs to Boost MSMEs
African Development Bank has said that it will work with microfinance banks to expand support for micro small, medium enterprises, MSMEs and deepen financial inclusion in Nigeria through increased…