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Following Monday’s launch of the eNaira by President Muhammadu Buhari, the application for the digital currency introduced by the CBN is available for download. CBN...
The Central Bank Digital Currency (CBDC) eNaira was launched on Monday with over N500m of the currency minted so far. According to the Central Bank...
President Muhammadu Buhari will on Monday formally unveil the Nigerian Central Bank Digital Currency, known as the eNaira, on Monday, at the State House, Abuja....
The Central Bank of Nigeria (CBN) is working with the police and other relevant agencies to arrest and prosecute abusers of the nation’s currency, the...
The depreciation in the value of the Naira has been attributed to the effects of the COVID-19 pandemic on the economy. The deputy governor, Corporate...
Central Bank Governor Godwin Emefiele has disclosed that the apex bank will not renew the operating licences of Bureaux de Change (BDCs). Emefiele, who spoke...
State governments will begin the repayment of the $2.1 billion Budget Support Facility granted to them by the Federal Government this month. This was announced...
Nigeria’s Apex bank, the Central Bank of Nigeria, has condemned the rate at which Nigerians mutilate, deface, squeeze and even spray and sell the naira...
Nigeria will soon create its digital currency, the Central Bank of Nigeria said as the bank continues to face questions over its ban on cryptocurrency...
The Central Bank of Nigeria has adopted the Nafex rate as the government’s official exchange rate for the naira, effectively devaluing the currency by 7.6 per...
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