All You Need to Know About Nigeria New Naira Note Redesign and 2000 and 5000 Notes
President Muhammadu Buhari has approved the redesigning of Naira notes with 200, 500, 1000 still retained as highest denominations. Governor of the Central…
Category: BUSINESS NEWS
Everything You Need To Know About Nigeria eNaira & Guide On How It Works
1. What is eNaira? The eNaira is simply a digital form of the Naira which also serves as a legal tender issued by…
How Nigeria’s digital currency, eNaira, will work and How to use the App
On Friday, October 1, 2021, the Central Bank of Nigeria (CBN) will launch a centralised and regulated digital currency called the eNaira Ahead…
CBN Announces Plan To Launch E-Naira Wallet, Reveals CBDC Guidelines
The Central Bank of Nigeria (CBN) has revealed plan to introduce e-Naira, according to a report by Financial Watch. The apex bank also…
e-Naira: CBN sets N50,000 maximum transfer limits for non-account holders
The detailed presentation sent to Nigerian banks on the e-Naira project mentioned that it will have a transaction limit for customers, non-interest-bearing CBDC…
CBN states transfer limits as E-Naira begins Oct 1
Governor of Central Bank of Nigeria, Godwin Emefiele The Central Bank of Nigeria has announced the formal engagement of the global Fintech Company,…
Banks, others may create e-wallets after e-Naira deadline – CBN
The Central Bank has said after the launch of the eNaira project, banks and other licensed operators may provide their own wallets since…
Latest updates on Ibadan Gas Tanker Accident: At Least Five Killed In Ibadan Bode Market Gas Tanker Accident
At least five persons have been killed and several others, injured following an accident involving a gas truck in Ibadan, the Oyo State…
Bitcoin: 6 Questions To Understand How The Most Used Cryptocurrency Works And Why It is Risky
The price of Bitcoin fell below $34,000 for the first time in three months, following new cryptocurrency restrictions imposed by China. Beijing on…