Report: Nigerian Central Bank Targets Tenfold Increase in Number of CBDC Users, Governor Says Use of Cash Will ‘Dissipate to Zero’
Despite the obvious sluggish embrace of the e-naira digital foreign money by Nigerians, the Central Bank of Nigeria governor has stated his establishment is concentrating...
Nigerian Lenders Frustrating CBDC’s Adoption — Central Bank Governor
Apathetic Nigerian lenders are irritating the e-naira’s adoption as a result of they’re fearful this might deprive them of a key income supply, Godwin Emefiele,...
CBDC Ensures Nigeria Remains Competitive in Increasingly Digital World — Central Bank Governor
The governor of the Central Bank of Nigeria (CBN) has insisted the just lately launched e-naira digital foreign money can probably enhance commerce and funding...
Report: Nigerian CBDC Wallet Update to Enable Utility Payments, USSD Functionality to Be Added
The Nigerian central financial institution digital forex (CBDC) pockets app is about for an replace that may see customers given the flexibility to pay for...
Yellow Card Announces It’s Resuming Deposits and Withdrawals by way of the Naira
Yellow Card has introduced the resumption of naira deposits and withdrawals in Nigeria by way of an announcement from the cryptocurrency change platform. The transfer...
Nigerian Experts: CBDC Still Unattractive to Users Despite Claim of ‘Excellent’ Adoption Rate
Nigerian blockchain and cryptocurrency specialists have advised that many potential customers will solely take into account adopting the e-naira as soon as the central financial...
Nigerian Central Bank Wants Financial Institutions to Develop Products Based on Its CBDC
The Central Bank of Nigeria has stated it needs gamers within the nation’s cost trade to develop and assist introduce merchandise primarily based on its...
Kenya Central Bank Governor on CBDC: It’s About Getting It Right Rather Than Being First
The Central Bank of Kenya (CBK) governor, Patrick Njoroge, has said his institution is currently exploring the use of central bank digital currencies (CBDC) to...
IMF Says Nigerian CBDC Drawing Global Interest, Warns of Associated Risks
The International Monetary Fund (IMF) has acknowledged that the recently launched Nigerian central bank digital currency (CBDC) is attracting interest from many institutions globally, including...
Nearly 500,000 Nigerian CBDC Wallets Downloaded Since Launch
Nearly half a million e-naira wallets have been downloaded a few weeks after the central bank digital currency (CBDC) was officially launched by Nigerian President...