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Nigeria’s Central Bank Partners with Gluwa to Boost eNaira Amid Global Regulation Changes

7.3.2024
The Nigerian Central Bank has partnered with the blockchain-based financial platform Gluwa Nigeria to increase the adoption of its digital currency, the eNaira. This move seeks to address financial inclusion challenges and provide credit access to unbanked individuals. The post Nigeria’s...

Nigeria's Central Bank Enlists Gluwa Nigeria to Boost eNaira Systems, Adoption

7.3.2024
Adoption of the central bank digital currency pales in comparison to the use of cash in the country

Crypto Ban in Nigeria Stalls eNaira Adoption Despite Global Recognition

29.12.2023
Source: AdobeStock Chinedu Albert, a legal expert specializing in Nigerian tech and innovation, has attributed the challenges facing the adoption of the eNaira, the Central Bank of Nigeria’s digital currency (CBDC), to a previous crypto ban. In an exclusive interview with Cointelegraph...

Central Bank of Nigeria: eNaira no threat to financial stability

11.10.2023
Nigeria's central bank issued a press release in response to “news items on some media platforms,” suggesting that the eNaira threatens Nigeria’s financial stability

Nigeria Is Altering eNaira Model to Promote Use of the Digital Currency: Central Bank

26.7.2023
For many citizens, the central bank digital currency isn't easy to use

Nigerian Central Bank Introduces NFC Technology to Boost eNaira Adoption

24.7.2023
The Central Bank of Nigeria (CBN) remains committed to the central bank digital currency (CBDC) project, despite the recent ousting of the former governor. In a bid to further encourage the adoption of the eNaira and enhance the CBDC mobile app, the central bank has incorporated Near Field...

Nigeria's CBN enhances eNaira with NFC upgrade for contactless payments

23.7.2023
The CBN reportedly emphasizes that the latest addition of NFC technology will play a crucial role in boosting the adoption rates for the CBDC

IMF sees room for eNaira improvement in first year assessment

19.5.2023
The world’s second-ever CBDC has yet to reach 1% of Nigeria’s population, according to the IMF assessment

Nigeria's eNaira Wallet Use, Transactions Climb Amid Cash Shortages: Bloomberg

22.3.2023
The number of eNaira wallets has jumped more than 12-fold to 13 million since October

Why Nigerians Aren't Turning to the eNaira Despite Crippling Cash Shortages

24.2.2023
A lack of infrastructure, merchants and interest may all be contributing factors to Nigeria’s low eNaira pickup – despite its recent cash issues

eNaira is 'crippled': Nigeria in talks with NY-based company for revamp

21.2.2023
After multiple attempts to create an efficient digital currency, the Central Bank of Nigeria is turning to a New York tech firm to revamp the underlying technology

Nigeria's Central Bank in Talks With Blockchain Platform R3 for CBDC Revamp: Bloomberg

21.2.2023
The central bank wants full control of eNaira, and is in early talks with blockchain platform R3 to develop the technology, according to the report

Nigeria revisits its payments landscape amid sluggish eNaira adoption

12.1.2023
The Nigerian central bank has outlined key focus areas for its national payments system in a two-year roadmap leading up to 2025

Nigeria bans ATM cash withdrawals over $225 a week to force use of CBDC

7.12.2022
The limits set by the Central Bank of Nigeria are part of a broader push to encourage digital financial transactions

Nigerians' passion for crypto is stopping short at the eNaira

26.10.2022
With less than 0.5% adoption, the central bank of Nigeria is struggling to push its eNaira CBDC to its citizens

Think tank launches ‘technical sandbox’ exploring United States CBDCs

2.9.2022
The Digital Dollar Project's Technical Sandbox Program is set to begin in October aiming to provide a clearer understanding of the ramifications of a United States CBDC

Hodlnaut & Swyftx Lay Off Staff, USD 9M Carried Out in eNaira, MTV's 'Best Metaverse Performance', Crypto Green and Red Regulatory Lights + More News

19.8.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. __________... Read More: Hodlnaut & Swyftx Lay Off Staff, USD 9M Carried Out in eNaira, MTV's 'Best Metaverse Performance', Crypto Green and...