eNaira Adoption Grows Amid Nigeria’s Cash Shortages
Nigeria's central bank launched its own digital currency, the eNaira, in 2021, and nearly 18 months later, the CBDC is seeing increased adoption in the country. The acute cash shortage…
BLOCKCHAIN TECHNOLOGY
BOLA TINUBU
CENTRAL BANK DIGITAL CURRENCY
CRYPTOCURRENCIES
Digital Assets
ECONOMIC GROWTH
ENAIRA
NEWS
Nigeria
SEC REGULATIONS
Nigerian President-elect’s Manifesto Includes Blockchain and Crypto Regulations
Nigeria is one of the countries where cryptocurrency adoption is on the rise. In recent years, the country has seen a surge in crypto trading and the use of cryptocurrencies…
Nigeria’s eNaira Records 200,000 Transactions Worth Over $10 Million Since October
Godwin Emefiele, the Governor of the Nigerian Central Bank, said on Thursday that the eNaira, Nigeria’s Central Bank Digital Currency (CBDC), is expected to enter the second phase of its…
Nigerian Government Enhances eNAIRA to Draw Financial Inclusion
The Central Bank of Nigeria (CBN) has announced the upgrade to its Central Bank Digital Currency (CBDC) dubbed the eNAIRA. Bariboloka Koyor, a Branch Controller of the apex bank confirmed…
35% of Nigerians Have Entered the Crypto Market in the Last 6 Months, Study Shows
Nigerians are entering the crypto space because of the lack of affordable financial services and high inflation rates, given that 35% of them were engaged in this sector in the…
Nigeria's E-Naira Gains Momentum, Tackles Influence of Volatile Cryptos
Nigeria's further efforts to curb the influence of cryptocurrencies have begun to bear fruits, as its introduction of a centralised digital currency eNaira has lured about half a million users…
eNaira: Nigeria Rolls Out Africa’s First Central Bank Digital Currency
Nigeria has become the first African country to officially roll out a CBDC. Nigeria’s CBCD (Central Bank Digital Currency) is now live following the announcement made by Nigeria’s President Muhammadu Buhari…