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Category e-naira

MainNewse-naira
Nigerian CBDC Adoption Lags, Makes Up Less Than 1% of Currency in Use

Nigerian CBDC Adoption Lags, Makes Up Less Than 1% of Currency in Use

Nigeria’s central bank digital currency, known as the eNaira, was the first of its kind in Africa. However, it currently represents only about 0.36...
E-naira Not A Threat - Nigeria’s Central Bank Replies to Critics, Highlights Use Cases

E-naira Not A Threat - Nigeria’s Central Bank Replies to Critics, Highlights Use Cases

The e-naira continues to generate controversy on its adoption rate, use cases, and more recently, claims by some observers on the threat it poses t...
Nigerian Central Bank Says Amended CBDC Model to Ensure Increased Volumes and Wallet Activity

Nigerian Central Bank Says Amended CBDC Model to Ensure Increased Volumes and Wallet Activity

The Nigerian central bank has said it is amending the model of its central bank digital currency and is hopeful that such an exercise will result i...