eNaira

eNaira Sees Surge In Transaction Volume, Yet Adoption Lags Behind

The Central Bank of Nigeria (CBN) has revealed 284.6% increase in eNaira transaction volume for August 2023, reaching N9.78 billion, as reported in its Monthly Economic Report. Despite this spike, eNaira’s ratio

Emmanuel Ochayi

December 28, 2023

Business·News

e-Naira: CBN Tasks Tertiary Institutions To Deploy For Tuition, Salaries

Students and management of tertiary institutions in Nigeria have been urged to embrace the e-Naira for payment of school fees and salaries. The Central Bank of Nigeria on Thursday made the call

Ifeanyi Ibeand

Admin

June 22, 2023

Business

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

Fakoyejo Olalekan

May 5, 2023

Business

Over 620,000 eNaira Accounts Inactive, More Than Active Users

The Central Bank of Nigeria (CBN) has released new details about the adoption of eNaira in the country, disclosing that the total app downloads have risen to 905,588. Prime Business Africa understands

Fakoyejo Olalekan

September 28, 2022

News

No Plan To Phase Out Naira Notes, CBN Debunks

The Central Bank of Nigeria (CBN) has debunked the viral report that the apex bank had planned to phase out the circulation of the conventional Naira notes and replace it with digital

Queen Nwabueze

May 23, 2022

Business

eNaira: CBN Gives Update On Nigeria’s Digital Currency

The Central Bank of Nigeria (CBN) has provided updates on eNaira, saying the Nigeria’s digital currency is easy to access and gives no room for fraud or counterfeiting. The CBN, however, asked

PBA Reporter

May 6, 2022

Business·Top Stories

eNaira Ranks First On PwC Global Index Of Top Retail CBDC Projects

eNaira, the Nigerian digital currency, has been ranked first on PricewaterhouseCoopers (PwC) Global Index of top retail Central Bank Digital Currencies (CBDCs). Retail CBDC projects are digital currencies designed for public use.

PBA Reporter

April 11, 2022

Finance & Economy

CBN Considers Adoption Of eNaira As Payment Gateway

The Central Bank of Nigeria (CBN) is considering a series of options to push the adoption of the eNaira, including the possibility of making it a payment gateway. Prime Business Africa is

PBA Reporter

December 9, 2021

eNaira: Secure, Dependable In Spite Of Challenges – CBN

Central Bank of Nigeria, CBN, has said that though the eNaira may currently have some challenges, it remains secure and dependable. Director of Corporate Communications, Osita Nwanisobi, made this known while speaking

Kayode Shopekan

October 30, 2021

Currency·News·Top Stories

eNaira Speed Wallet Restored To Google Playstore

NIGERIA'S Central Bank digital currency, eNaira which was removed from Google Playstore on Wednesday has been restored.

Victor Ezeja

October 29, 2021

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eNaira Sees Surge In Transaction Volume, Yet Adoption Lags Behind

e-Naira: CBN Tasks Tertiary Institutions To Deploy For Tuition, Salaries

IMF Says CBN’s eNaira Have Unknown Consequences

Over 620,000 eNaira Accounts Inactive, More Than Active Users

No Plan To Phase Out Naira Notes, CBN Debunks

eNaira: CBN Gives Update On Nigeria’s Digital Currency

eNaira Ranks First On PwC Global Index Of Top Retail CBDC Projects

CBN Considers Adoption Of eNaira As Payment Gateway

eNaira: Secure, Dependable In Spite Of Challenges – CBN

eNaira Speed Wallet Restored To Google Playstore

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