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),...

eNaira: We Don't Plan To Steal Your Customers, CBN Tells Banks           The Central Bank of Nigeria (CBN) has told financial institutions in the country that eNaira is not a subtle scheme to take away bank customers. It said the plan is to grant access to more...

It’s Compulsory For Nigerians To Accept e-naira - CBN           The Central Bank of Nigeria says the e-naira which is set to be launched on October 1 is a legal tender equal to the value of the naira and thus must be accepted as a form...

e-Naira Will Strengthen Banking System - CBN       The Central Bank of Nigeria has said e-Naira will strengthen the banking system and make it easier to comply with existing laws such as anti-money laundering, customer protection against fraud and ensuring the safety and stability of the...

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...