eNaira

Fresh revelation has shown that the eNaira, the digital currency of the Central Bank of Nigeria (CBN) that was launched in 2021 may have been registered under deceptive circumstances. The new revelation about the eNaira, which is…

Nigeria’s Payments System trajectory started with Payments System Vision 2020 (PSV 2020) in 2007 to make Nigeria’s Payments System internationally recognised and nationally utilised. The transformation no doubt has been phenomenal. The…

In what may pass for a remarkable improvement and wider adoption of Nigeria’s digital currency, the value of transactions on eNaira hit N22 billion indicating a 68 per cent increase since the beginning of this year, 2023. With over…

Tech experts said 700,000 downloads and 2.9 star ratings have been recorded on the eNaira App, puncturing claims by the Central Bank of Nigeria (CBN) that the digital currency is an instant success. Central Bank of Nigeria (CBN) on…

Beginning next week, Nigerians will start using the USSD Code For eNaira Transactions to improve the acceptability of the digital currency. "I am pleased and indeed delighted to inform you all today that by next week, Nigerians both…

The Governor of Central Bank of Nigeria (CBN), Godwin Emefiele has emphasized the commitment of the apex bank to ensuring that more people in the country are financially included to get into the digital financial architecture popularly…

Total customer deposits in 11 Nigerian banks rose to N41.18 trillion at the end of the first quarter of this year from N39.48 trillion in December 2021, their unaudited financial statements have shown. The increase represents 4.31 per…

The Central Bank of Nigeria (CBN) says it has upgraded its eNaira speed wallet application to adopt, USSD (Unstructured Supplementary Service Data) tool - which allows users to pay for DStv and buy recharge cards amongst other…