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FACAN Set To Onboard 50 Million Members On eNaira Platform

FACAN Set To Onboard 50 Million Members On eNaira Platform The Federation of Agricultural Commodity Association of Nigeria (FACAN) the apex umbrella body for Agricultural Commodity Associations in the country has concluded a plan to register and onboard all its associations and members on the...

CBN Launches e-Naira Code in Kano

CBN Launches e-Naira Code in Kano The Central Bank of Nigeria (CBN) has launched the *997# USSD code in Kano to reduce the use of cash in commercial activities. In the event which took place today, the Deputy Governor Operations of the CBN, Mr. Foladun Shinobi...

eNaira: Central Bank Targets 85% Financial Inclusion On Nigeria’s Payment System

eNaira: Central Bank Targets 85% Financial Inclusion On Nigeria’s Payment System Governor of the Central of Nigeria (CBN) Mr Godwin Emefiele says the introduction of eNaira, the central bank's digital currency, is an evidence to the fact that Nigeria’s payment system has been deepened under...

CBN Set To Upgrade eNaira With Bills Payment

CBN Set To Upgrade eNaira With Bills Payment The Central Bank of Nigeria (CBN) has stepped up the campaign on its digital currency, eNaira, even as it said, it will, before the end of this month, introduce payment of bills on the wallets. Speaking at a...

Four Months After Launch, Major Vendors Shun eNaira

Four Months After Launch, Major Vendors Shun eNaira   Despite the high expectations and hype around the Central Bank of Nigeria’s digital currency- the eNaira- major retailers and vendors in the country are yet to adopt it over four months after launch. Following months of publicity by...

Nigerians Should Embrace eNaira – CBN

Nigerians Should Embrace eNaira - CBN The Central Bank of Nigeria (CBN), on Thursday, said that the introduction of eNaira in the financial system is to, among others, improve the effectiveness of monetary policy in managing inflation as well as in driving economic growth in...