The digital currency, the eNaira, will be launched on Monday. This is coming many months after the Central Bank of Nigeria (CBN) barred banks and financial institutions from dealing in or facilitating transactions in cryptocurrencies. The digital currency will be launched by the Nigerian President, Muhammadu Buhari at State House, Abuja. Central Bank of Nigeria Read More…
Independence Day, 1st October 2021, is the day that the Central Bank of Nigeria (CBN) has set aside as the day the new digital currency will be rolled out. According to the Director of Information Technology, Central Bank of Nigeria (CBN), Rukiya Mohammed, the apex bank has concluded plans to launch the Central Bank Digital Read More…
If all plans go as intended, the Central Bank of Nigeria (CBN) will be launching its own digital currency by the end of the year. According to an official of the nation’s premier bank, Central Bank Director of Information Technology, Rakiya Mohammed, the project to create some form of digital currency had been in the Read More…