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Nigeria

Nigeria central bank freezes 3 accounts over digital currency trading
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12 November, 2021

Nigeria central bank freezes 3 accounts over digital currency trading

The Central Bank of Nigeria froze two bank accounts of individuals and one business account that it claims have been...
After initial glitches, eNaira gains traction in Nigeria
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4 November, 2021

After initial glitches, eNaira gains traction in Nigeria

The eNaira was launched by President Muhammad Buhari, and after a few glitches, it’s starting to gain traction as more...
Nigeria rolls out eNaira digital currency to cultivate economic growth
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30 October, 2021

Nigeria rolls out eNaira digital currency to cultivate economic growth

Plans for the digital currency have been ongoing in the last four years and according to CBN Governor Godwin Emefiele,...
Nigeria central bank wins court battle over ‘eNaira’ trademark infringement claims
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6 October, 2021

Nigeria central bank wins court battle over ‘eNaira’ trademark infringement claims

A fintech firm went to court to sue the Central Bank of Nigeria for trademark infringement over use of eNaira,...
Nigeria CBDC website goes live as October launch draws near
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29 September, 2021

Nigeria CBDC website goes live as October launch draws near

The website for the eNaira has launched, introducing the public to the CBDC and touting its benefits, as the official...
Africa’s digital currency market grew by 1200% in the past year: Chainalysis
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20 September, 2021

Africa’s digital currency market grew by 1200% in the past year: Chainalysis

Africa has seen massive growth since June last year, with the need for cheap remittances, rise of P2P platforms, and...
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