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Central Bank of Nigeria

Stablecoins, enterprise adoption, regulations: Blockchain trends in Nigeria in 2024

Steve Kaaru

15 January, 2024

Stablecoins, enterprise adoption, regulations: Blockchain trends in Nigeria in 2024

Nigeria’s blockchain adoption will continue this year, with enterprise solutions taking center stage as blockchain goes beyond hype into the...

Central Bank of Nigeria reverses ban on digital currency transactions

Business

Wahid Pessarlay

2 January, 2024

Central Bank of Nigeria reverses ban on digital currency transactions

With the evolving trends globally, Nigeria has decided to loosen its grip on the digital asset class under its latest...

eNaira doesn’t threaten financial stability: Nigeria’s central bank

Business

Steve Kaaru

14 October, 2023

eNaira doesn’t threaten financial stability: Nigeria’s central bank

The Central Bank of Nigeria says that a paper it published two weeks ago has been misrepresented by news outlets...

Nigeria’s central bank upgrades eNaira with NFC, programmability features

Business

Wahid Pessarlay

22 July, 2023

Nigeria’s central bank upgrades eNaira with NFC, programmability features

Joseph Angaye, deputy director of the Central Bank of Nigeria’s risk management department, disclosed that the CBN will continue to...

Nigeria ends 3-year ban on naira payments for remittances

Business

Steve Kaaru

20 July, 2023

Nigeria ends 3-year ban on naira payments for remittances

Nigeria has now lifted a ban that it placed in 2020 allowing remittance payments only in the USD—experts say the...

Central Bank of Nigeria greenlights use of CBDC for international remittances

Business

Wahid Pessarlay

27 June, 2023

Central Bank of Nigeria greenlights use of CBDC for international remittances

International money transfer operators are expected to apply for a one-time license to pay out funds in the eNaira, with...

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James Field

24 Jun 2025

Central Bank of Nigeria

Stablecoins, enterprise adoption, regulations: Blockchain trends in Nigeria in 2024

Central Bank of Nigeria reverses ban on digital currency transactions

eNaira doesn’t threaten financial stability: Nigeria’s central bank

Nigeria’s central bank upgrades eNaira with NFC, programmability features

Nigeria ends 3-year ban on naira payments for remittances

Central Bank of Nigeria greenlights use of CBDC for international remittances

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