30 results
- 22 May 2026
Court Affirms CBN’s Exclusive Ownership of eNaira Trademark
A Federal High Court in Abuja has affirmed the Central Bank of Nigeria’s (CBN) exclusive ownership of the “eNaira” digital currency platform and trademark. eNaira Justice James Omotosho, in a…
- 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…
- 28 Sept 2021
CBN Dismisses Plans to Steal Bank Customers with eNaira
Central Bank of Nigeria (CBN), has said that the eNaira is not a subtle scheme to take away bank customers. CBN in allaying the fears said the the plan is to grant access to more financially excluded…
- 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…
- 25 Oct 2021
CBN Releases Regulatory Guidelines for eNaira
Following the launch of the enaira by the President, Muhamadu Buhari the application for the digital currency introduced by the CBN has become available for download, with more than 5,000 downloads…
- 18 Jun 2023
CBN Approves eNaira as Payment Option for Diaspora Remittance
The Central Bank of Nigeria (CBN) has announced the introduction of its digital currency known as the eNaira as a payment option to recipients of diaspora remittance. The apex bank said the move was…
- 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…
- 13 Feb 2024
eNaira Adoption Surges as Value in Circulation Rises to N10bn
The value of eNaira in circulation rose by 302 per cent in nine months to N10.26 billion at the end of September reflecting increased adoption of Africa’s Central Bank Digital currency. It was also…
- 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,…
- 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…
- 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…
- 24 Oct 2021
Buhari to Float eNaira Today
President Muhammadu Buhari will today (Monday) formally unveil the country’s first digital currency, eNaira, at State House, Abuja. Central Bank of Nigeria (CBN) in a statement issued at the weekend…
- 2 Nov 2022
eNaira Transactions Hit 700,000 @ Value of N8bn
Godwin Emefiele, the Governor of the Central Bank of Nigeria, says the eNaira has recorded 700,000 transactions valued at N8 billion since its inauguration on Oct. 25, 2021. Emefiele said this…
- 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…
- 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.…
- 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,…
- 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.…
- 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…
- 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…
- 17 Sept 2021
eNaira: CBN to Own Major Stake in Bitt Inc- Emefiele
Godwin Emefiele, governor of the Central Bank of Nigeria (CBN), says the apex monetary authority will own a majority stake in Bitt Inc., its technical partner for digital currency, eNaira. Emefiele…
- 26 Oct 2021
CBN Says Transactions on eNaira Platform Free for 90 Days
The Central Bank of Nigeria has said that all transactions conducted on the newly launched digital currency platform, eNaira will be free for 90 days. The bank, however, stated that it will revert to…
- 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…
- 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…
- 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…
- 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…
- 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…
- 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…
- 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…
- 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…
- 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…