The e-Naira introduced by the Central Bank of Nigeria (CBN) as digital currency will reduce the cost of annual diaspora remittances to Nigeria, the International Monetary Fund (IMF) has said.

In February, the central bank told banks and financial institutions that “facilitating payments for cryptocurrency exchanges is prohibited”. The bank moved to introduce the e-naira, which will count ...

Amid pomp and celebration, President Muhammadu Buhari last week launched Africa’s first digital currency, the e-Naira. With its jerky start, LUCAS AJANAKU writes on the need to urgently fix the ...

According to reports, the digital currency platform has been sluggish as less than 0.5 per cent of Nigerians are using it after a year of its launch, despite discounts to encourage its adoption. But ...

Activist-cum-politician, Omoyele Sowore, on Friday, accused former President Muhammadu Buhari of heading an administration of scammers. Sowore was reacting to the disappearance of E-Naira which was ...

The Central Bank of Nigeria (CBN’s) strategy of an efficient payment system through the introduction and implementation of the e-Naira is a laudable effort that is contributing to the success of our ...

This digital currency was introduced by former President Muhammadu Buhari and Godwin Emefiele, the immediate past Governor of the Central Bank of Nigeria. Omoyele Sowore, the convener of ...

The Federal High Court in Abuja has dismissed the request to stop the Central Bank of Nigeria (CBN) from using the e-naira trade mark . Justice James Kolawole Omotosho refused to grant the request put ...

The Central Bank of Nigeria (CBN) has issued preliminary guidelines for its proposed e-naira digital currency. In a sensitization document sent to commercial banks in the country, the CBN outlined ...