The CBN is committed to revitalizing the eNaira project and enhancing financial inclusion through innovative digital payment ...

The Central Bank of Nigeria (CBN) is making efforts to revive its digital currency, the eNaira, to improve trust and increase access to digital financial services across the country.The eNaira was ...

Nigeria's foray into Central Bank Digital Currency (CBDC) with the eNaira launch in October 2021 marked a significant ...

Africa-focused fintech firm Flutterwave said on Wednesday it has added Nigeria's eNaira as a payment option for merchants, a move that could help boost adoption of the digital currency.

By last August, the eNaira was used to carry out transactions worth 4 billion naira ($9.3 million). Comparatively, in 2020, Nigerians conducted $26 billion worth of ATM transactions.

“eNaira offers local and international Non-Governmental Organizations and Religious Institutions money transaction solutions that ensure that, at the end of the day, their focus is trained more ...

The eNaira - like the physical Naira - is a legal tender in Nigeria and a liability of the CBN. The eNaira and Naira will have the same value and will always be exchanged at 1 naira to 1 eNaira." ...

eNaira is old news in the world of Central Bank Digital Currencies and crypto-currencies. The eNaira announcement is a few months old. In the fast moving world of crypto-news it has already been ...

Africa’s first digital currency, eNaira, issued by the Central Bank of Nigeria (CBN), as part of its central bank digital currency (CBCD) programme, is projected to be running on about 10,000 ...

As of December 2021, the eNaira consumer wallet recorded over 583,000 downloads while the merchant wallet was downloaded 83,000 times, with downloads occurring in over 160 countries. The CBN also ...