CBN: Embracing the Evolution of Nigeria's Digital Currency Landscape, by Abdulrahman Abdulraheem   The fact that change is the only constant thing in life is a time-tested fact which has passed through generation after generation and no one has been able to dispute it. Almost all individuals,...

What Is Central Bank Digital Currency (CBDC)?   CBDCs are digital currencies issued by central banks. Their value is linked to the issuing country’s official currency. When was the last time you paid for something with cold, hard cash? While physical currency is still widely used all...

SEC Pegs Amount To Be Raised From Digital Currency Offers At N10bn   The Securities and Exchange Commission (SEC) has pegged the maximum amount to be raised from Digital Assets Offering within 12 months at N10 billion. The limit is contained in the Commission’s New Rules on...

E-Naira: X-raying Nigeria's First Digital Currency by Mujidah Yahaya       As Nigeria celebrates another year of being independent and as with every celebration, new changes are expected and such an example of a change, which was revealed to Nigerians is the Central Bank Digital Currency (CBDC),...

Digital Currency Would Be Critical National Infrastructure, Says CBN       The Central Bank of Nigeria (CBN) has said its proposed digital currency, known as e-Naira, will be treated as a critical national infrastructure to protect it from operational and cyber-security risks. In a document obtained by The...

CBN Sets October For Digital Currency Launch       The Central Bank of Nigeria (CBN) yesterday disclosed that its much-anticipated digital currency will be launched on October 1. CBN Director, IT Department, Mrs. Rakiya Mohammed, revealed this during a private webinar, explaining that the banking sector regulator had...