Tag: eNaira

How eNaira is doing 3 months on — Emefiele

Mr Godwin Emefiele, Governor, Central Bank of Nigeria (CBN) says Nigerians are gradually adopting the eNaira, launched three months back. Emefiele said this while answering questions from members of the press after presenting the outcome of the two-day Monetary Policy Committee (MPC) meeting on Tuesday in Abuja. The MPC, at[Read More…]

CBN’s eNaira Speed Wallet removed from Google Play Store after negative reviews

The recently launched eNaira Speed Wallet by the Central Bank of Nigeria has been removed from the Google Play Store, a check by NewsWireNGR revealed. The apex bank had launched the Central Bank Digital Coin (CBDC) on Monday after postponing its launch from October 1st. CBN launched two applications, the[Read More…]

eNaira: CBN guidelines for individuals, merchants

Following the launch of the enaira by President Muhamadu Buhari, the application for the digital currency introduced by the CBN has become available for download, with more than 5000 downloads within hours of the launch. This is as the apex bank released regulatory guidelines which stipulate that charges for transactions[Read More…]

CBN’s eNaira to grow Nigeria’s GDP by $29bn in 10yrs — Buhari

President Muhammadu Buhari says the adoption of Central Bank Digital Currency (CBDC) can increase Nigeria’s Gross Domestic Product (GDP) by 29 billion dollars over the next 10 years. Buhari made this submission on Monday while performing the formal Unveiling of Central Bank of Nigeria (CBN) Digital Currency, eNaira at the[Read More…]

FG officially launches eNaira; live on Google Play Store, Apple Store

The Nigerian federal government, eNaira, has officially launched and its applications are available for download on Google Play Store and Apple store. NewsWireNGR recalls the launch of the first digital currency in the country was earlier scheduled for October 1, but was postponed. The apex bank spokesperson, Osita Nwanibosi, had[Read More…]

CBN postpones Oct 1 eNaira launch; no new date announced

The Central Bank of Nigeria (CBN) has cancelled the official launch of its Digital Currency, eNaira, slated for October 1st, Independence Day. Revealing the new development, the apex bank spokesperson, Osita Nwanibosi said the launch date was deferred due to other key activities lined up to commemorate the country’s 61st[Read More…]