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Central Bank of Nigeria

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...

eNaira faces uncertain future after ousting of Nigeria’s central bank governor

Steve Kaaru

21 June, 2023

eNaira faces uncertain future after ousting of Nigeria’s central bank governor

Godwin Emefiele was dismissed by the new president 10 days after his administration took over and has been held by...

IMF lauds eNaira in its 1-year assessment but cautions against intermediation

Business

Steve Kaaru

25 May, 2023

IMF lauds eNaira in its 1-year assessment but cautions against intermediation

The International Monetary Fund says the eNaira has proven that a CBDC can work, but it says Nigeria has room...

Cash shortage sparks 63% spike in eNaira transactions

Business

Steve Kaaru

26 March, 2023

Cash shortage sparks 63% spike in eNaira transactions

Nigeria’s cash shortage amid the botched note replacement program has been a big win for eNaira, with e-wallets now at...

Nigeria’s president-elect pledges to champion blockchain in revenue collection, banking

Business

Steve Kaaru

15 March, 2023

Nigeria’s president-elect pledges to champion blockchain in revenue collection, banking

Bola Tinubu takes over from Muhammad Buhari who banned banks from servicing VASPs, and says he’ll do better and push...

FATF adds Nigeria, South Africa to dirty money grey list

Business

Steve Kaaru

2 March, 2023

FATF adds Nigeria, South Africa to dirty money grey list

FATF says Africa’s two largest economies must do better to fight money laundering, with both countries decrying the listing as...

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Steve Kaaru

31 Oct 2025

Central Bank of Nigeria

Central Bank of Nigeria greenlights use of CBDC for international remittances

eNaira faces uncertain future after ousting of Nigeria’s central bank governor

IMF lauds eNaira in its 1-year assessment but cautions against intermediation

Cash shortage sparks 63% spike in eNaira transactions

Nigeria’s president-elect pledges to champion blockchain in revenue collection, banking

FATF adds Nigeria, South Africa to dirty money grey list

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