The volume of naira notes and coins in circulation declined by 14 per cent to N2.65trillion in August 2023, according to the Central Bank of Nigeria...
The Central Bank of Nigeria (CBN) has insisted that the adoption of eNaira is not and never a threat to financial stability in the country. The...
The International Monetary Fund (IMF) has disclosed that 98.5 percent of eNaira wallets have not been used once. In its recently released working paper titled ‘Nigeria’s...
BY EEKA EJERE In a bid to ensure the Nigerian economy reaps the full benefits of Africa’s first digital currency, eNaira, the Central Bank of Nigeria...
BY EMEKA EJERE Despite massive interest in the eNaira initiative in which over 100,000 wallets were downloaded in 24 hours, the first week of the process...
By AYOOLA OLAOLUWA A series of polls and surveys conducted by Business Hallmark point to the conclusion that Nigerians still share robust confidence in the Central...
Nigeria’s president, Muhammadu Buhari, will on Monday, tomorrow, formally unveil the country’s first digital currency, eNaira. Spokesperson for Central Bank of Nigeria (CBN), Mr. Osita Nwasinobi,...
Nigeria’s apex bank, the Central Bank of Nigeria (CBN), has said the eNaira can serve as a medium for the government to send direct payments to...
The Central Bank of Nigeria (CBN), has said Nigerians will be able to use e-naira without Internet-enabled phones. The apex bank which disclosed this in a...