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Tag: Central Bank of Nigeria

Nigeria’s Central Bank: The eNaira poses no risk to the country’s financial stability

The Central Bank of Nigeria has issued an official statement in response to reports circulating on various media platforms. These reports suggested that the...

Which Countries Does Fintech Trend The Highest? – Fintech Singapore

Singapore, Nigeria and Hong Kong are the three locations in the world where people are searching for the term “fintech” the most, a finding...

Finovate Global Nigeria: Trust and the Challenge of Digital Transformation in Banking – Finovate

Formerly known as TeamApt, Moniepoint is the largest business payments platform in Nigeria. The company processes $170 billion in annualized total payments volume...

Nigerian central bank adds NFC upgrade to eNaira for contactless payments

Despite the former governor’s ousting nearly two months ago, the Central Bank of Nigeria (CBN) continues to be committed to its central bank digital...

Nigeria’s CBN enhances eNaira with NFC upgrade for contactless payments

Despite the former governor's ousting nearly two months ago, the Central Bank of Nigeria (CBN) continues to display a commitment to its central bank...

IMF Reportedly Working on Global CBDC Platform to Boost Interoperability

3 hours ago | 2 mins read Altcoin News The platform will facilitate...

Nigerian Naira Hits All-time Low Against the U.S Dollar

43 mins ago | 2 mins read Bitcoin News The decision to allow...

CBDC rollouts will require central banks to ski off-piste

There’s no rulebook for how a central bank should set up its own digital currency. It’s trial and error. So far, it’s been mostly...

Nigeria regulator halts Binance operations: Report

It has been a tough week for cryptocurrency exchange Binance. On June 9, Nigeria's securities authority reportedly deemed the exchange illegal, just days after...

Nigeria to tax crypto, digital assets 10% on capital gains — Experts react

On the eve of his departure from office on May 28, former Nigerian President Muhammadu Buhari signed the Finance Act, 2023, into law. The act...

Nigerian Crypto Firm Patricia Halts Withdrawal Post Exploit

6 hours ago | 2 mins read Bitcoin News The platform has temporarily...

How Bitcoin is Regulated Around the World

Bitcoin, the world’s first decentralized digital currency, has been around for over a decade now. Since its inception, Bitcoin has seen tremendous growth,...

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