CBDC Could Increase Nigeria’s GDP by $29 Billion in 10 Years: President Buhari
The Nigerian president, Muhammadu Buhari, suggested in a recent speech that the new e-naira central bank digital currency (CBDC) could lead to an increase in...
Nigerian President Muhammadu Buhari to Unveil Country’s CBDC
The Nigerian President, Muhammadu Buhari, is expected to formally launch the country’s central bank digital currency (CBDC) on October 25, 2021. High-Level Endorsement of the...
Nigerian Central Bank Says It Is Now Ready to Launch CBDC, Downplays Previous Failure
After failing to roll out its CBDC on October 1, the Central Bank of Nigeria (CBN) has released a document in which it reiterates its...
Nigeria Central Bank Governor Says CBDC Launch Just ‘a Couple of Days’ Away
The governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has confirmed the country’s upcoming digital currency will be launched “in a couple of...
Nigerians Optimistic CBDC Will Improve Payments and Help Promote Cryptocurrencies
Nigerians are hopeful the planned central bank digital currency (CBDC), also known as the e-naira, is going to enhance cross-border payments and make it “easier...
Nigerian Court Paves Way for CBDC Rollout, Suggests ‘Plaintiff May Be Adequately Compensated’
The Nigerian High Court that is presiding over the e-naira trademark infringement case brought against the Central Bank of Nigeria (CBN), has ruled that Central...