The Central Bank of Nigeria (CBN) has said that it will include bills payment in the upgraded version of its Central Bank Digital Currency (CBDC), eNaira. The CBN said that this is part of measures to increase use of the digital currency, including sensitisation campaigns in major markets across the country. CBN Branch Controller, Lagos, … [Read more…]
The Central Bank of Nigeria has said its newly launched e-Naira project is secure and dependable. The Director of Corporate Communications, Mr Osita Nwanisobi, stated this while speaking at the ongoing CBN-Fair in Abakaliki on Thursday. According to the apex bank, the security and dependability of the e-Naira stem from the fact … [Read more…]
President Muhammadu Buhari has expressed hope that the recently launched eNaira would buoy and reposition Nigeria’s economy to attract investors. He also said the Treasury Single Account (TSA), Bank Verification Number (BVN), and National Identification Number (NIN) initiatives have reinforced his administration’s efforts in tackling corruption. Speaking at the fifth edition of … [Read more…]