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BusinessNews

CBDC: Nigeria’s Central Bank targets 85% financial inclusion target

By Chioma Obinagwam The Governor, Nigeria’s apex monetary authority, Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, has expressed optimism that the Bank...

BusinessNews

Cryptocurrency: CBN fines 3 Nigerian banks N514m

Nigeria’s apex monetary authority, the Central Bank of Nigeria (CBN) has fined First City Monument Bank (FCMB), Fidelity Bank Plc and Wema Bank...

BusinessNews

CBN, PSPs, others partner to deepen adoption of eNaira

By Chioma Obinagwam Nigeria’s apex bank, the Central Bank of Nigeria (CBN) and key stakeholders in the payments system ecosystem, particularly Payment Service...

BusinessNews

CBN’s eNaira gains patronage, records 488,000 subscribers in 2 weeks

The Central Bank Digital Currency (CBDC) platform known as the eNaira appears to be gaining momentum as 488,000 consumer from over 160 countries through...

BusinessNews

‘Be wary of fake eNaira website,’ CBN warns

Nigeria’s apex bank,  the Central Bank of Nigeria (CBN) has advised Nigerians to be wary of fraudsters who have been posting fraudulent messages...

BusinessNews

Why CBN deferred launch of eNaira

By Chioma Obinagwam Ahead of the anticipated launch of Nigeria’s Central Bank Digital Currency (CBDC), known as eNaira, the Spokesman of the Central...

BusinessNews

Cybersecurity: CBN to treat e-Naira as critical national infrastructure

Nigeria’s apex bank, the Central Bank of Nigeria (CBN) has said its proposed digital currency, known as e-Naira, will be treated as a...

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