Tag: digital currency

Central Bank of Nigeria launches Digital Currency, the eNaira

Bode DoluLeave a Comment on Central Bank of Nigeria launches Digital Currency, the eNaira

Central Bank of Nigeria (CBN) has eventually launched its Central Bank Digital Currency called eNaira on Monday October 25. The Digital Currency had been scheduled to be launched on October 1, 2021, but was moved to a later date due to a clog of activities billed for Nigeria’s 61st-anniversary celebrations. The Naira digital system has […]

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Naira further devalued, CBN plans digital currency

Bode DoluLeave a Comment on Naira further devalued, CBN plans digital currency

Nigeria’s naira exchanged to the dollar at N490/$ at the parallel market on Thursday. According to naijabdcs.com, the official exchange rate website of the Central Bank of Nigeria for the Bureau de Change operators, the country’s currency was bought and sold at N488/490 to the dollar as of Thursday evening. The naira had earlier exchanged […]

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