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Central Bank of Nigeria

Knowledge Innovations > Central Bank of Nigeria
Central Bank Digital Currency (CBDC)

Inside Nigeria’s Ambitious Push of Cashless Society, eNaira CBDC

  • December 19, 2022
  • Knowledge Innovations
  • Digital Currency
Nigeria is capping cash withdrawals in order to drive adoption of its CBDC the eNaira—but will people embrace the central bank’s vision? Nigeria’s push to adopt digital currency and...
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Nigeria caps Cash Withdrawals to $45 per day in CBDC Push

  • December 8, 2022
  • Theodora Kwening
  • Digital Currency
Nigeria has imposed limits on cash withdrawals in a move to push consumers towards alternatives, including its own Central Bank Digital Currency (CBDC), the eNaira. In a letter to...
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Central Bank of Nigeria (CBN) governor, Godwin Emefiele,

CBN eyes stronger digital economy, eNaira grows 190%

  • November 3, 2022
  • Kwami Ahiabenu
  • Digital Currency
The Central Bank of Nigeria is targeting a stronger digital economy to support the growth of the financial systems according to Punch. This is even as the digital currency,...
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Nigeria Fintech Flutterwave Secures Switching and Processing License

  • September 1, 2022
  • Kwami Ahiabenu
  • FinTech Services
Flutterwave, Africa’s leading payments technology company has been granted a Switching and Processing License by the Central Bank of Nigeria (CBN)—widely regarded as CBN’s most valuable payments processing license....
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Central Bank of Nigeria (CBN) governor, Godwin Emefiele,

Nigerian Central Bank Digital Currency (CBDC) eNaira struggles with uptake

  • August 22, 2022
  • Kwami Ahiabenu
  • Digital Currency
Nigeria was the first African country and a significant economy to launch Central Bank Digital Currency – eNaira on Oct. 25, 2021, currently it is the largest economy in...
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Central Bank Digital Currency (CBDC)

New Study : A Comparative Study of the Design Frameworks of the Ghanaian and Nigerian Central Banks’ Digital Currencies (CBDC)

  • August 19, 2022
  • Kwami Ahiabenu
  • Digital Currency
This paper discusses critical considerations in the design of central bank digital currency (CBDC) in West Africa through a comparative case study of Ghana’s (eCedi) and Nigeria’s (eNaira) design...
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CBN Central Bank of Nigeria

Nigeria : Financial Inclusion: Experts Identify Gaps in Achieving CBN Target

  • June 19, 2022
  • Kwami Ahiabenu
  • FinTech Services, Uncategorized
Experts in the Nigeria’s financial sector have identified gaps in the set objectives by the Central Bank of Nigeria (CBN) to significantly reduce the number and percentage of adult...
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Nigeria’s paper currency to be out of circulation soon due to Central Bank Digital Currency (eNaira)

  • May 22, 2022
  • Kwami Ahiabenu
  • Digital Currency
The Central Bank of Nigeria has said that paper currency will soon be out of circulation, urging market men and women to sign into the e-Naira according the Punch....
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CBN Central Bank of Nigeria

Central Bank of Nigeria (CBN) issues guidelines for Open Banking

  • May 19, 2022
  • Kwami Ahiabenu
  • FinTech Technologies, Uncategorized
The Central Bank of Nigeria, in exercising its  mandate to ensure the stability of the financial system and pursuant to its role in deepening the financial system, developed a...
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Latest Posts

MultiChoice launches Moment to expand payment infrastructure May 31, 2023
Bitcoin.com
Norway to tighten rules on Digital Currency despite solid local Regulation May 31, 2023
Binance Australia customers sell bitcoin at discount to rival exchanges May 30, 2023

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