Weekly Newsletter
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CBDC
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...
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...
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...
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...
‘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...
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...
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...
Don't Miss
Moniepoint hits ₦1trn milestone in SME Loans, marks 10 years of empowering small businesses
By Chioma Obinagwam Moniepoint Inc., Nigeria’s definitive platform for small businesses and Africa’s all-in-one financial ecosystem, today released its 2025 Year in Review,...
Why Nigeria’s Banks Still on Shaky Ground with Big Profits, Weak Capital
By Blaise UdunzeDespite the fragile 2024 economy grappling with inflation, currency volatility, and weak growth, Nigeria’s banking industry was widely portrayed as successful...