Tag: eNaira
Nigerian president-elect aims to use blockchain technology in the banking sector
Nigerian President-elect Bola Tinubu has recently released a manifesto that, if implemented, would enable the use of blockchain technology and cryptocurrencies in the nation’s...
PRESS REMARKS BY GOVERNOR GODWIN EMEFIELE ON ISSUANCE OF NEW NAIRA BANKNOTES
Good afternoon Ladies and Gentlemen, and welcome to this special press briefing of the Bank. We have called this gathering to inform relevant stakeholders...
eNaira, others may drop remitting cost to Nigeria, others —IMF
By Temitayo Jaiyeola and Edidiong IkpotoThe International Monetary Fund has disclosed that central bank digital currencies could drop the cost of sending and...
What is eNaira?
eNaira is a Central Bank Digital Currency (CBDC) issued by the Central Bank of Nigeria as a legal tender. It is the digital form...
BLOCKCHAIN: What are the differences between a digital currency and a cryptocurrency?
The FG recently launched e-Naira in Nigeria. It becomes necessary to clarify the difference between a Digitak Currency and Cryptocurrency. We reproduced below article...
CBN eNaira to Solve Economic Crisis
By: Muhammad L Yakubu, Ph.D.
The Central Bank of Nigeria (CBN) announced the selection of Technical Partner for Digital Currency Project via a Press Release...