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Central Bank of Nigeria
Nigeria SEC publishes digital asset regulations amid central bank crackdown
The securities regulator has issued policies for ICO issuers, digital asset exchanges, custodians, VASPs, and when assets qualify as securities,...
Nigeria upgrades eNaira to widen payments scope
The Central Bank of Nigeria said the upgrade makes onboarding easier, makes the wallet faster, and allows users to create...
IMF: Nigeria’s eNaira could be used for terrorism financing, money laundering
The IMF says that eNaira could raise financial inclusion to meet the ambitious target of 95%, but says Nigeria must...
Nigeria’s eNaira mobile app sees 500,000 downloads weeks after launch
The Central Bank of Nigeria further said that $150,000 had been transacted on its app, with 78,000 merchants from 160...
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...
Nigeria’s central bank reveals CBDC guidelines and plans to launch digital wallet
The Central Bank of Nigeria plans to mint and issue the CBDC while commercial banks will be in charge of...
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