eNaira
10 Oct
The Central Bank of Nigeria (CBN) has insisted that the adoption of the eNaira is not and never a threat to financial stability in the country. The apex bank said contrary insinuations that the adoption of the eNaira portends danger to financial inclusion; it explained that the country’s Central Bank Digital Currency (CBDC), the eNaira,…
9 Oct
The Central Bank of Nigeria (CBN) on Monday said that the eNaira is not a threat to financial stability in the country.
27 May
The Central Bank of Nigeria (CBN) has taken the sensitisation drive of eNaira to women in the University of Lagos (UNILAG) during the recent Law Ladies Day programme of the institution.
18 May
Central Bank of Nigeria (CBN), yesterday, urged Nigerians to embrace eNaira, saying it is like the physical currency and also a legal tender of the Federal Republic of Nigeria. The apex bank noted that eNaira is under its direct liability.
27 Apr
Central Bank of Nigeria (CBN), in collaboration with a technical partner, Project GIANT, on Thursday in Kaduna, called on traders of Kawo and Sheik Gumi markets to embrace eNaira as an alternative means of financial transactions. The News Agency of Nigeria (NAN) reports that this was part of the efforts by the apex bank to…
1 Apr
The Central Bank of Nigeria (CBN) has said that the Nigerian payment system infrastructure is robust enough to handle the growing surge in online transactions. It therefore urged Nigerians to embrace alternative payment channels such as eNaira..
27 Feb
Nigeria’s Central Bank digital currency (CBDC) has been extended to feature phone users with the unveiling of the USSD channel of eNaira.
30 Jan
Like e-commerce, digital banking has exploded globally since the pandemic. So much so that experts project digital banking users to reach over 3.6 billion globally by 2024. In the United States, for instance, 203 million Americans used online banking services in 2022, according to bankrate.com, while 93% of users in Great Britain prefer digital banking,…
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The governor of Niger, Ahmadu Umaru Fintiri, on Tuesday increased the monthly allowance of National Youth Service Corps (NYSC) members in the state with ₦10,000 (ten thousand naira).
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Benin's President Patrice Talon this week held his first talks with predecessor and rival Thomas Boni Yayi for two years, but opposition parties condemned the lack of progress on freeing jailed colleagues.
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The France Ambassador to Nigeria, Emmanuelle Blatmann, has called for concerted efforts aimed at tackling the menace of gender-based violence in the country.
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To raise awareness about Special Education Needs and Disabilities (SEND), the British Council Nigeria has rallied stakeholders to chart a path for the inclusion of children with disabilities and gender in education.
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The curtains fell on the grand spectacle that was AmuwoGames 2023, leaving a legacy of triumphs, unity, and community excellence. The closing ceremony, hosted in Ward B of Amuwo-Odofin, was a culmination of a month-long celebration of sportsmanship, resilience, and the indomitable spirit of the Amuwo-Odofin community. The founder, Oluwaseun Ayeni, expressed gratitude to all…
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President Bola Ahmed Tinubu has asked the Senate to give him the authorization to borrow $8,699,168,559 and €100 million to carry out critical projects across the country. The president's request was contained in a letter read at the commencement of plenary on Tuesday by Senate President Godswill Akpabio. Tinubu, in the letter, explained that the…
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A Federal Capital Territory High Court in Abuja has adjourned the trial of former Central Bank of Nigeria (CBN) Governor Godwin Emefiele to Thursday and Friday, January 18 and 19, 2024. Emefiele is facing a six-count amended charge bordering on alleged procurement fraud to the tune of N1.6 billion. Emefiele pleaded not guilty to the…
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On May 29, 2023, amidst great anticipation, Bola Ahmed Tinubu was sworn in as President of the Federal Republic of Nigeria whilst twenty-eight other elected officials across Nigeria were sworn in as governors. All eyes were focused on President Bola Ahmed Tinubu and Vice President Kashim Shettima as they took their oath of office in Abuja, the Federal Capital Territory.
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The Commissioner of Police in Imo State Command, CP Aboki Danjuma has ordered the immediate redeployment of Orji Divisional Police Officer (DPO), CSP Udom Godwin to the Command headquarters, Owerri over the escape of a suspected serial rapist. The spokesperson of the Imo state Police Command, Henry Okoye in a statement confirmed that DPO Godwin…