Digital Currency

Nigeria's President Muhammadu Buhari is scheduled to formally unveil the Nigerian Central Bank Digital Currency (CBDC), known as the eNaira, on Monday 25 October 2021, at the State House, Abuja. The launch of the eNaira is a…

The Central Bank of Nigeria (CBN), the country's apex bank, says Nigerians without internet-enabled phones will be able to use the eNaira, the new digital currency. The CBN revealed this in a document titled “Design paper for…

The Central Bank of Nigeria (CBN) has appointed an international fintech firm, Bitt Inc., as the Technical Partner for its digital currency, dubbed eNaira, which would be presented later this year. This was disclosed on the…