E-Naira: We’re Guarding Against Hackers, Fraudsters – CBN     The Central Bank of Nigeria (CBN) has assured that it has put in place effective mechanisms to insulate the e-Naira from hackers and fraudsters. The Director, Corporate Communications Department of CBN, Mr Osita Nwanisobi, disclosed this at a...

e-Naira is Secure, Dependable, CBN Assures Users   The Central Bank of Nigeria has said its newly launched e-Naira project is secure and dependable. The Director of Corporate Communications, Mr Osita Nwanisobi, stated this while speaking at the ongoing CBN-Fair in Abakaliki on Thursday. According to the apex...

CBN Postphones eNaira Launch, Says No Cause For Alarm           The Central Bank of Nigeria on Thursday announced the postponement of the planned unveiling of the country’s digital currency, e-Naira. The Spokesman of the CBN, Mr Osita Nwanisobi, announced this in a statement on Thursday titled ‘CBN...

Naira Declines Amidst CBN’s Assurance Of Increase In Forex Supply           The naira slide to N575 on Thursday despite assurances by the Central Bank of Nigeria that there is sufficient foreign exchange to meet the legitimate needs of Nigerians. The naira had maintained a downward trend, falling...

CBN Warns Against Speculation, Manipulation Of Forex           The Central Bank of Nigeria has warned Nigerians to be wary of the activities of speculators who sought to manipulate the market for unpatriotic reasons. In a statement by the Spokesman of the Central Bank of Nigeria, Mr Osita...

CBN Appoints Eight New Directors     The Central Bank of Nigeria (CBN) on Wednesday announced the appointment of new directors as the heads of its various departments. In a circular, the apex bank announced Mr Osita Nwanisobi as its Director, Corporate Communications Department, with effect from August...