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Knowledge Innovations > Nigeria

Cash crisis worsens as CBN extends deadline

  • February 2, 2023
  • Theodora Kwening
  • FinTech News
After insisting a week ago that the January 31 deadline was irreversible, Central Bank Governor Godwin Emefiele, announced the extension of the currency exchange deadline yesterday. Nigerians now have...
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CBN Central Bank of Nigeria

Nigerian Bar Calls For Review Of CBN Demonetisation Policy

  • January 31, 2023
  • Kwami Ahiabenu
  • FinTech Services
The Nigerian Bar Association (NBA) Saturday called for a review of the Central Bank of Nigeria’s (CBN) demonetisation policy, adding that the law allows Nigerians to demand CBN to...
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Bitcoin Nigeria

Nigerian cash limits see Bitcoin 61% above spot prices

  • January 31, 2023
  • Kwami Ahiabenu
  • Cryptocurrency
The demand for Bitcoin (BTC) in Nigeria has skyrocketed in the wake of a collapse in the value of the naira (NGN), the country’s fiat currency, and limitations placed...
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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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EMERGING TECH TRENDS – ETT December 10, 2022 : Insights into technologies shaping the future

  • December 10, 2022
  • Theodora Kwening
  • Uncategorized
Curated by www.knowledgeinnovations.com – Your authoritative knowledge source mapping FinTech, Innovations, Artificial Intelligence, Blockchain, Big Data, Machine Learning Subscribe to ETT December 10, 2022 Welcome to Emerging Tech Trends...
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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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Nigerian startups dominate 2022 Techstars Toronto Winter Cohort

  • November 2, 2022
  • Theodora Kwening
  • FinTech Services
Out of the 12 startups selected for the Techstars Toronto 2022 Winter cohort, eight are Nigerian tech startups, according to the global accelerator’s directory. Aside from these startups, there...
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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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Africa Unicorn -Flutterwave yes Nasdaq IPO Despite Regulatory Challenges

  • August 31, 2022
  • Kwami Ahiabenu
  • Uncategorized
According to Bloomberg, Flutterwave Inc., an Africa-focused financial technology firm, is preparing for an initial public offering on the Nasdaq stock exchange, even as it deals with regulatory hurdles...
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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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