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Nigeria

Zambia exploring CBDC, but warns against digital currencies: report
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13 February, 2022

Zambia exploring CBDC, but warns against digital currencies: report

The Zambian central bank has been conducting research on a central bank digital currency, an executive told Bloomberg, weeks after...
2021 year in review: Bitcoin comes of age in Africa
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31 December, 2021

2021 year in review: Bitcoin comes of age in Africa

2021 had it all in Africa for digital currencies—adoption soared by 1,200% as Kenya led global P2P trades, but there...
Nigeria’s eNaira mobile app sees 500,000 downloads weeks after launch
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19 November, 2021

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
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12 November, 2021

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...
After initial glitches, eNaira gains traction in Nigeria
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4 November, 2021

After initial glitches, eNaira gains traction in Nigeria

The eNaira was launched by President Muhammad Buhari, and after a few glitches, it’s starting to gain traction as more...
Nigeria rolls out eNaira digital currency to cultivate economic growth
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30 October, 2021

Nigeria rolls out eNaira digital currency to cultivate economic growth

Plans for the digital currency have been ongoing in the last four years and according to CBN Governor Godwin Emefiele,...
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