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