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  • Market Cap: $2,408,449,762,823.73
  • 24h Vol: $56,225,852,663.18
  • BTC Dominance: 56.52%

e-naira

nigerian-cbdc-adoption-lags,-makes-up-less-than-1%-of-currency-in-use

Nigerian CBDC Adoption Lags, Makes Up Less Than 1% of Currency in Use

Leave a Comment / Africa, Bitcoin, CBDC, central bank digital currency, Crypto Hacked, Cryptocurrency, Digital Assets, e-naira, Ethereum, IMF, Nigeria CBDC, Stablecoins / / / , , , , , , , ,

Nigeria’s central bank digital currency, known as the eNaira, was the first of its kind in Africa. However, it currently represents only about 0.36% of the total currency in circulation. Nigerian experts attribute the slow adoption of the e-naira to its perceived lack of significant benefits compared to the traditional naira. E-Naira Adoption Lags Despite […]

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nigerian-central-bank-seeks-new-cbdc-tech-partner-—-bank-urged-to-improve-e-naira-user-experience

Nigerian Central Bank Seeks New CBDC Tech Partner — Bank Urged to Improve E-Naira User Experience

Leave a Comment / Africa, Afrigo, Bitcoin, Bitt Inc, central bank digital currency, Central Bank of Nigeria, Crypto Hacked, Cryptocurrency, e-naira, Ethereum, Lucky Uwakwe / / / , , , , , ,

More than a year after it launched its central bank digital currency with partner Bitt Inc, the Central Bank of Nigeria is reportedly seeking a new technology partner. The new partner is expected to help the central bank implement a system which gives it greater control of the digital currency. One expert said the central

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report:-nigeria-to-stop-cash-withdrawals-from-government-accounts

Report: Nigeria to Stop Cash Withdrawals From Government Accounts

Leave a Comment / Bitcoin, CBDC, central bank digital currency, Central Bank of Nigeria (CBN), Crypto Hacked, Cryptocurrency, e-naira, Economics, Ethereum, Modibbo R. Hamman Tukur, Money Laundering, Nigeria Payments System Vision 2025, Nigerian Financial Intelligence Unit (NFIU) / / / , , , , , , , ,

From the start of March, Nigerian public officials will be barred from withdrawing cash from government bank accounts, the head of the Nigerian Financial Intelligence Unit reportedly said. Public officials that want to be exempted from this new regulation will have to obtain a waiver from the Nigerian Presidency. Government Workers Vulnerable to Money Laundering

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