Tag: enaira

May 10 2022

Nigeria To Upgrade CBDC For Wider Use As Crypto Restrictions Cripple Fintech Sector

Africa's largest economy and most populous country "Nigeria," launched the continent's first digital currency, the...

Jan 26 2022

Dead On Arrival? How The Nigerian eNaira Has Fared Since Launch

The Nigerian eNaira was launched to much fanfare after delays had rocked the project. Upon launch, it made the West African nation one of the very first countries to issue its very own central bank digital currency (CBDC). Residents rushed to explore this new legal tender, at one point overwhelming the website with traffic. Now, a couple of months after the launch of...

Nov 22 2021

Nigeria’s eNaira stablecoin becomes focus of new IMF report

Nov 22 2021 Published at CryptoSlate under tags  enaira imf nigeria stablecoins

Nigeria’s central bank digital currency project, eNaira, is drawing attention and interest of leading financial institutions and it also gaining traction amongst other country’s central banks looking to initiate a similar project according to a...

Nov 13 2021

Oct 25 2021

Crypto-loving Nigeria to launch eNaira stablecoin today

Oct 25 2021 Published at CryptoSlate under tags  adoption cbdcs cbn enaira nigeria

Weeks after its postponement, President Muhammad Buhari will officially launch the Nigerian Central Bank Digital Currency, eNaira, at the State House, Abuja, today. At last, Nigeria to launch eNaira today Fresh news broke on Saturday from the apex bank through its spokesperson,...

Breaking: Nigeria Becomes First African Nation to Launch a CBDC

Oct 25 2021 Published at Coingape under tags  cbdc enaira ltcbch ltcbnb ltcbrl

Nigeria has become the first nation in Africa to launch a soverign digital currency called eNaira. The central bank had earlier delayed the launch by a month but now seems everything has been put in place for the official launch. The Nigerian Central Bank also claimed that their emphasis was more on launching a complete The post Breaking: Nigeria Becomes First African Nation...

Oct 24 2021

Nigeria Prepares To Launch Digital Currency eNaira On Monday

The President of Nigeria, Muhammadu Buhari, will formally unveil the much anticipated Central Bank Digital Currency (CBDC), known as the eNaira, on Monday 25th, October 2021, at the State House in Abuja. Related Reading | New Convert: Anti-Crypto Central Bank Of Nigeria Set To Launch Digital...

Sep 02 2021

Crypto-loving Nigeria begins eNaira CBDC project

Sep 02 2021 Published at CryptoSlate under tags  adoption cbdc cbdcs enaira nigeria

Nigeria has upped the ante on its quest for a national digital currency as the Central bank of the African country has revealed that it will be partnering with Bitt Inc as a technical partner for the actualization of the “eNaira” project. According...

Sep 01 2021

Nigeria Partners With FinTech Company To Launch CBDC

Sep 01 2021 Published at Bitcoinist.com under tags  cbdc cbdcs enaira nigeria nigeria crypto

Nigeria had earlier in the year announced it planned to launch its own CBDC. The eNaira was announced after the government had banned banks and financial institutions from facilitating crypto transactions in the country. The timeline for the launch of the eNaira has been put at sometime before the end of the year. Citizens of the country would then be able to operate...

Know a good blog/source that is not listed? Contact us or fill the form below to add one: