eNaira

Court Voids eNaira Ltd’s Trademark Claim, Orders Name Change, Awards CBN ₦10m

May 22, (THEWILL) — A Federal High Court in Abuja has dismissed a suit filed by eNaira Payment Solutions Ltd against the Central Bank of Nigeria (CBN), the Corporate Affairs Commission (CAC), and the Registrar of Trademarks over ownership...

eNaira Not Threat To Financial Stability – CBN

October 09, (THEWILL) - The Central Bank of Nigeria (CBN) has refuted reports that the country's Central Bank Digital Currency (CBDC), the eNaira, is a threat to the nation's financial stability. A statement signed on Monday, by the bank's Director,...

First Naira Denominated Infrastructure Fund Lists On NGX

October 05, (THEWILL) - The first local currency-denominated infrastructure investment trust fund in Nigeria and Sub-Saharan Africa, Nigeria Infrastructure Debt Fund (NIBF) has been listed on Nigerian Exchange Limited (NGX). The listing, which took place on Thursday 5 October, was...

e-Naira: CBN Seeks Partnership With UniUyo

June 09, (THEWILL) - The Central Bank of Nigeria (CBN) has called on the Management of the University of Uyo to partner with the apex bank in the sensitisation of its staff and students on the use of e-Naira...

eNaira Transactions Hit N8bn – CBN

December 08, (THEWILL) – The Central Bank of Nigeria (CBN) has said its eNaira application has so far recorded a total digital transaction valued at about N8 billion, as at the end of October, 2022. Recall that the eNaira...

Naira Redesign: CBN Announces New Cash Withdrawal Limits

December 06, (THEWILL) - The Central Bank of Nigeria (CBN) has announced a new cash withdrawal limit. The apex bank announced the new regulation in a letter to all Deposit Money Banks (DMBs) and other Financial Institutions, including Payment Service...

eNaira Receiving Global Accolades As Transactions Hit N8bn – Emefiele

November 02, (THEWILL) - eNaira has recorded 700,000 transactions valued at N8 billion since its inauguration on October 25, 2021, Central Bank of Nigeria governor, Godwin Emefiele, said on Wednesday. Emefiele spoke at the 28th edition of the apex bank’s...

eNaira Records N8bn Transactions on First Anniversary – Emefiele

October 25, (THEWILL) - Nigeria’s Central Bank Digital Currency (CBDC), eNaira, recorded N8 billion in over 700,000 transactions one year after its launch. Thirty-three banks are also fully integrated and live on the platform with about one million...

CBN Marks First Anniversary Of eNaira

October 21, (THEWILL) - The Central Bank of Nigeria (CBN) has unveiled a programme of events to commemorate the first anniversary of the launch of Africa’s First Central Bank Digital Currency (CBDC), the “eNaira”. The eNaira was formally launched on...

Flutterwave Enables eNaira Collections For Businesses In Nigeria

September 14, (THEWILL) – Payments technology company, Flutterwave, has announced that merchants can now accept eNaira payments from their customers on their platform. This is an addition to other existing payment methods on Flutterwave including cards, bank transfer, Barter by...
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