China’s CBDC nearly completes in a single day eNaira’s 3month’s worth of transaction

China’s CBDC nearly completes in a single day eNaira’s 3month’s worth of transaction

As eNaira struggles to complete N188 million transactions in 3months, China’s e-CNY has outpaced it by completing 2 million yuan (approximately $315,761 or N131.35 million) in a single day. China’s new Central Bank Digital Currency…

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Is eNaira dead? – Bestnaija

Is eNaira dead? – Bestnaija

Report this post Quote 4 minutes ago With alot of noise that surrounded the launch of e-naira, I am yet to see anyone that make use of it as a channel of transaction. Is e-naira…

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IMF reveals steps it can take to help with success of eNaira

IMF reveals steps it can take to help with success of eNaira

The International Monetary Fund (IMF) has revealed steps that it would take to assist Nigeria with the successful operation of the newly launched digital currency, the eNaira. The Bretton wood institution said that it will…

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CBN Encourages Nigerians To Embrace eNaira

CBN Encourages Nigerians To Embrace eNaira

CBN Encourages Nigerians To Embrace eNaira The Central Bank of Nigeria (CBN) has encouraged Nigerians to embrace e-naira, the nation’s digital currency. The Director of Corporate Communications Department, CBN, Osita Nwanisobi, made this call at the CBN…

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68% of Nigerians don’t trust the CBN to safeguard their e-Naira » YNaija

68% of Nigerians don’t trust the CBN to safeguard their e-Naira » YNaija

The Issue On Monday, October 25, 2021, the Nigerian government unveiled the first digital currency on the African continent – the e-Naira. The project, which has been in development for 3 years, was unveiled at…

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eNaira Nigeria’s Official Digital Currency backed by the Naira

eNaira Nigeria’s Official Digital Currency backed by the Naira

eNaira is more or less like a digital version of the physical Naira. It is a Central Bank Digital Currency (CBDC) issued by the Central Bank of Nigeria (CBN) and will exchange 1:1 to the…

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Cryptocurrency: Why foreign investors won’t be interested in e-Naira – Reno Omokri

Cryptocurrency: Why foreign investors won’t be interested in e-Naira – Reno Omokri

A socio-political activist, Reno Omokri has expressed pessimism that President Muhammadu Buhari’s call for foreign investors to invest in th… A socio-political activist, Reno Omokri has expressed pessimism that President Muhammadu Buhari’s call for foreign…

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What Is eNaira Sef? | Zikoko!

Let’s start with this tweet.  No, sis. That’s E-Money. So, why are we talking about eNaira? Don’t quote me on this, but this is my theory. See, Meffy decided that he doesn’t want to ban…

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eNaira App Down 48 Hours After Launch

eNaira App Down 48 Hours After Launch

eNaira App Down 48 Hours After Launch The Central Bank of Nigeria has said it will not bear any liability for any interruption, loss of revenue, or loss of services arising from the use of…

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E-Naira: Everything You Need to know

E-Naira: Everything You Need to know

On Monday, October 25, 2021, Nigerian President Mohammadu Buhari unveiled the Nigerian form of Central Bank Digital Currency called the eNaira. The CBN launched the project called “project giant” to produce and issue a government-controlled…

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eNaira App Removed From Google Play Store After Series Of Complaints, Poor Rating

eNaira App Removed From Google Play Store After Series Of Complaints, Poor Rating

The recently launched eNaira Wallet application has been removed from Google Play Store barely 36 hours after it was launched by the Central Bank of Nigeria, SaharaReporters has gathered.   However, the app is currently…

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eNaira Wallet App Angrily Removed From Play Store, After too Many Negative Reviews

eNaira Wallet App Angrily Removed From Play Store, After too Many Negative Reviews

Earlier today, we reported that there were too many negative reviews about the newly launched eNaira wallet app on play store, barely 36 hours after it was launched by the CBN Nigeria. However, the app…

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CBN Disclaims Fake eNaira Social Media Handle

CBN Disclaims Fake eNaira Social Media Handle

The Central Bank of Nigeria (CBN) has declaimed a certain social media handle used by suspected fraudulent persons posing to be acting on behalf of the apex bank. Following the formal launch of the eNafra…

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The eNaira and its value proposition, By Center for Fiscal Transparency & Integrity Watch

The eNaira and its value proposition, By Center for Fiscal Transparency & Integrity Watch

…the distinguishing feature of the eNaira as a simultaneous medium of exchange and store of value brings more challenges than the non-conversant eye can see. The paradox here is that any commodity that stores value…

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Nigeria Launches eNaira Digital Currency, Mint 500 Million

Nigeria Launches eNaira Digital Currency, Mint 500 Million

Nigeria central bank digital currency (CBDC), the eNaira, has been officially launched today by President Muhammadu Buhari. Buhari launched the eNaira at the State House in Nigeria’s capital Abuja after a previous plan to unveil…

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