CBN Defends eNaira, Emphasizes Role In Financial Inclusion
CBN has pushed back against claims in some quarters that its digital currency, the eNaira, poses a threat to the nation's financial stability.
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IMF Says CBN’s eNaira Have Unknown Consequences
The Managing Director of the International Monetary Fund (IMF), Kristalina Georgieva, has warned that the eNaira and other retail Central Bank Digital Currencies (CBDC) have unknown consequences. CBDC is a government-controlled digital currency that is split into two types; retail and wholesale
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![Worshippers stand inside the Menjar Shenkora Arerti Mariam Church under construction that collapsed in Arerti, Amhara region of northern Ethiopia, on Wednesday, October 1, 2025 [Samuel Getachew/AP Photo]](https://www.primebusiness.africa/wp-content/uploads/2025/10/Ethiopian-church-collapse-480x384.webp)
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Naira Firms Across FX Markets, Trades at ₦1,470.52 to Dollar
The naira continued to show resilience in foreign exchange markets
Investors Brush Off US Government Shutdown, Weak Hiring
All three major US indexes closed at record highs, with
US Nonfarm Payrolls Report Delayed on Government Shutdown
Gold remained close to record highs on Thursday, supported by
Retail Trading Data Show Heavy Buying in Gold, Rising Optimism Across US Indices
S&P 500: Long positions climbed to 73%, up from 67%
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