
eNaira
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30 October, 2022
Nigeria resorts to auto rickshaws to drive eNaira adoption
The lack of clarity on CBDCs and virtual currencies among Nigerians led to a slump in eNaira adoption rates, forcing...
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4 September, 2022
Nigeria slashes eNaira’s merchant service charge by 50% to spur adoption
Since its launch in October 2021, the eNaira has seen lackluster uptake, and the Central Bank of Nigeria is seeking...
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24 August, 2022
eNaira hits $10M in transactions as Nigeria central bank targets 10-fold growth
The eNaira adoption has been lackluster, with the total transaction volume over the past year being just a fraction of...
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19 June, 2022
Nigeria’s eNaira now available via USSD to boost adoption and financial inclusion
The central bank believes that making the eNaira available to feature phone users will boost uptake, although some are skeptical...
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20 May, 2022
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,...
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13 May, 2022
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...