Tag: eNaira

What exactly will eNaira achieve?, By Abimbola Adelakun

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Months after the Nigerian digital currency, the eNaira, was announced, they still have not told us what exactly it can achieve that is not already possible. From everything they have said so far, eNaira seems like a duplication of existing efforts in the electronic banking sector. After an initial false start and several technological hitches, […]

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CBN warns Nigerians over fake eNaira social media accounts

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Central Bank of Nigeria has warned Nigerians to beware of fake social media handles of the newly launched digital currency, the eNaira. Nigerian President, Muhammadu Buhari, launched the central bank digital currency, called eNaira, on Monday. To access the eNaira, users have to download the ‘speed wallet’, which allows users to conduct transactions with speed […]

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Launching of eNaira postponed by the CBN

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Central Bank of Nigeria (CBN) has announced the postponement of the launching of its Central Bank Digital Currency (CBDC), known as eNaira originally planned to be launched on October 1, Nigeria’s independence day. Speaking with newsmen in Abuja on Thursday, September 30, the Central bank of Nigeria (CBN) spokesman, Osita Nwanisobi, explained that the CBN […]

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