eNaira

August 18, (THEWILL) - The Governor, Central Bank of Nigeria (CBN), Godwin Emefiele, has said Nigerians can now subscribe to the digital currency using short codes. Emefiele, who revealed this on Thursday during the eNaira Hackathon grand finale in Abuja,...

May 10, (THEWILL) - Governor of the Central of Nigeria (CBN), Godwin Emefiele, has said the introduction of the Central Bank Digital Currency, eNaira, is one piece of evidence to the fact that Nigeria’s payment system has been deepened...

November 26, (THEWILL) - The Central Bank Digital Currency (CBDC), eNaira, has recorded 600,000 downloads on its application (App) four weeks after it was launched on October 25, 2021. It also disclosed that efforts are ongoing to encourage faster adoption...

The Central Bank of Nigeria (CBN) officially launched the “ eNaira”—a central bank digital currency (CBDC)—on October 25, 2021. This is the second CBDC fully open to the public after the Bahamas. Other countries and regions, such as China and...

November 07, (THEWILL) - Notwithstanding the massive response to the recently unveiled Central Bank Digital Currency (CBDC), eNaira, which about 367,000 consumer wallets and over 58,600 merchant wallets have been downloaded in the first week, findings have shown that about...

November 03, (THEWILL) - The digital currency of the Central Bank of Nigeria (CBN), eNaira has shown good prospects for increased transborder trade. President Muhammadu Buhari launched the eNaira on Monday the 25th of October 2021, making Nigeria the first African...

October 27, (THEWILL) - The eNaira speed wallet application has suffered a technical outage, 48 hours after the digital currency was launched on Monday. eNaira is a digital currency issued by CBN. It’s a digital form of the naira that is...

October 25, (THEWILL) - President Muhammadu Buhari on Monday said the adoption of the Central Bank Digital Currency (CBDC) and its underlying technology, called block chain, can increase Nigeria’s GDP by $29billion over the next 10 years, He also declared...

October 25, (THEWILL) - The Central Bank of Nigeria (CBN) has unveiled a new financial instrument to be known as “The 100 for 100 Policy on Production and Productivity” to boost production and productivity in various sectors of the economy. The...

October 23, (THEWILL) - President Muhammadu Buhari will on Monday formally unveil the country’s first digital currency, eNaira, at State House, Abuja. The Central Bank of Nigeria (CBN) in a statement issued on Saturday by its director, corporate communications, Osita Nwanisobi,...