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eNaira
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...
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...
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...
PwC: More than 80% of central banks have considered launching CBDC
The PwC Global CBDC Index placed Nigeria and the Bahamas at the top of the retail CBDC developments, with Thailand...
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...
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