Tag: e-Naira

Yellow Card Crypto Exchange Is Seeking Licensing In Nigeria

Blockchain December 25, 2023

Shortly after the Central Bank of Nigeria (CBN) made a reversal of the cryptocurrency transaction ban for banks, Yellow Card...

IMF Reportedly Working on Global CBDC Platform to Boost Interoperability

Blockchain June 19, 2023

CBDC rollouts will require central banks to ski off-piste

Fintech June 13, 2023

Are CBDCs a Threat to Monetary Policy? Possibly, Says IMF

Fintech March 22, 2023

As Monetary Policies Grow Complex, Nigeria Turns to Bitcoin

BlockchainFebruary 6, 2023

Advertisement &nbsp &nbsp More Nigerians than ever are picking up interest in Bitcoin, according to trend results on Google. The most populous black nation...

Bitcoin Soars in Nigeria as Government Promotes Digital Cash

BlockchainJanuary 31, 2023

Bitcoin (BTC) has seen an exponential improve in demand in Nigeria because the nation’s central financial institution encourages the inhabitants to modify to digital...

Government Employees of Nigeria Barred From Cash Withdrawals

BlockchainJanuary 9, 2023

15 mins ago | 2 mins read Bitcoin News The new law applies to officials at all levels of government. It will...

Less than 0.5% Nigerians have used the country’s CBDC e-Naira a year after its launch

BlockchainDecember 27, 2022

Nigeria’s Central Bank Digital Currency (CBDC) e-Naira is failing because of low adoption rates while the government is trying to drive...

‘Cryptocurrencies Like Bitcoin Make Global Commerce Easy’ — Founder of Nigerian Crypto Exchange

BlockchainNovember 26, 2022

Despite the Central Bank of Nigeria (CBN)’s Feb. 5, 2021 directive that instructed banks to block crypto entities from the financial system, the demand...

Nigeria’s Rising Inflation and Foreign Exchange Shortages Fueling Devaluation Speculation — IMF Mission

BlockchainNovember 20, 2022

According to the International Monetary Fund (IMF)’s mission concluding statement, Nigeria’s rising inflation rate as well as the continuing shortage of foreign currency are...

Nigeria Upgrades e-Naira CBDC, Bid to Abolish Crypto

BlockchainMay 10, 2022

CBN upgrades its CBDC, e-Naira. Urges the usage of e-Naira over fiat currency.All financial assistance from the Nigerian government to be in e-Naira. The play of...