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CBN to Introduce e-Naira Product on Health Insurance

CBN to Introduce e-Naira Product on Health Insurance   The Central Bank of Nigeria (CBN) is working on a product on its e-Naira platform to help poor Nigerians access quality health services without paying through their noses. This is part of measures meant to drive home the...

EXCLUSIVE: Amidst New Naira Note Chaos, e-Naira Onboarding Reaches 3m

EXCLUSIVE: Amidst New Naira Note Chaos, e-Naira Onboarding Reaches 3m   Nigerians captured on the Central Bank of Nigeria (CBN)'s e-Naira platform have increased to three million from the previous figure of just over one million. In the wake of series of policies like naira redesign and...

How CBN’s Cash Withdrawal Limit Policy is Promoting Acceptance of e-Naira

At the launch of the e-Naira, a lot of Nigerians were not enthusiastic about the innovation as they were skeptical about its workability in the country.

eNaira Transactions Now N8bn – CBN

eNaira Transactions Now N8bn – CBN   The Central Bank of Nigeria (CBN) has revealed that the 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 was launched on the...

CBN Targets Stronger Digital Economy as eNaira Records 190% Growth

CBN Targets Stronger Digital Economy as eNaira Records 190% Growth The Central Bank of Nigeria has advocated for a stronger digital economy to support the growth of the financial systems. The apex bank said that the growth of eNaira will strengthen the transmission mechanism of monetary...

CBN Recorded N8bn Transaction On eNaira Platform In One Year

CBN Recorded N8bn Transaction On eNaira Platform In One Year   The Governor, Central Bank of Nigeria, Godwin Emefiele, said the digital currency, eNaira, has recorded N8bn transactions in its one year of introduction. He disclosed this while delivering his speech at the ‘eNaira 1-year anniversary’ event...