eNaira makes up less than 1% of currency in circulation as of March 2024
Nigeria’s Central Bank Digital Currency (CBDC), eNaira, makes up less than 1% of the total currency in circulation as of ...
Tag: CBDC
Ghana to become Africa’s first blockchain-powered government -VP Bawumi
Ghana’s Vice President has stated that the next phase of the country’s digitization efforts would be to fully adopt blockchain ...
CBN signs MoU with blockchain firm, Gluwa to boost eNaira adoption
The Central Bank of Nigeria (CBN) has signed a Memorandum of Understanding (MoU) with a blockchain firm, Gluwa to drive ...
eNaira is not a threat to Nigeria’s financial stability – CBN
The Central Bank of Nigeria (CBN) has debunked the claim that the country’s Central Bank Digital Currency (CBDC), the naira, ...
CBN says eNaira will help Nigeria tackle financial crimes if embraced
The apex bank also appealed to Nigerians to embrace digital currency to enhance its cashless policy.
SWIFT to test Central Bank Digital Currencies for international transfers
SWIFT is working to connect CBDCs such as eNaira to one another, as well as to traditional currencies as it ...
As eNaira ranks 1st in ranking globally, app downloads hit 756,000
Africa's first digital currency, eNaira, has been ranked No 1 global retail CBDC, and app downloads have jumped to 756,000 ...
Majority of global central banks are considering projects similar to eNaira
A PwC study has indicated that more than 80% of central banks around the world are interested in launching a ...
Deloitte says governments can create cheaper CBDCs through Bitcoin
Deloitte has emphasized the potential of Bitcoin as a base for creating a cheaper, faster, and more secure ecosystem for ...
Jamaica finalising steps to debut its CBDC
The Jamaican government has stated that it is finalizing preparations for the launch of Jam-Dex, the country's central bank digital ...
