Godwin Emefiele News

22.03 / 19:23

Provident Digital CBDC adoption grows in Nigeria amidst cash crisis

Nigeria is witnessing an increased Central Bank Digital Currency [CBDC] adoption nearly 18 months after launching as national fiat reserves face shortage.

17.11 / 23:06

Provident FIVE economy awards President country Former Nigerian central bank chief arraigned and remanded in prison for alleged fraud

The former governor of the Central Bank of Nigeria has been charged with procurement fraud

16.08 / 17:29

UPS Nigeria's suspended cenbank governor to face fraud charges on Thursday

By Camillus Eboh

15.08 / 13:01

COST Lowe's Digital Action reform Nigeria inflation rises to 18-year high in July as reform effects linger

By Elisha Bala-Gbogbo

30.07 / 21:33

COST show country letter Nigeria's Tinubu appoints investigator to probe central bank - letter

ABUJA (Reuters) — Nigeria's President Bola Tinubu has appointed a financial watchdog to investigate the central bank, weeks after he suspended its governor, a copy of a letter from the president showed on Sunday.

25.07 / 21:16

show country Nigeria's suspended Central Bank governor appears in court more than a month after his arrest

Nigeria's suspended Central Bank governor has appeared in court in the economic hub of Lagoon on charges of illegal possession of a firearm and live ammunition

22.03 / 11:37

Blockchain Adoption Central Bank Cash Nigeria CBDC adoption spikes as fiat currency shortage grip the nation

Nearly 18 months after launching its in-house central bank digital currency (CBDC), eNaira, Nigeria witnessed its massive adoption as national fiat reverses face severe shortages.

18.08 / 22:01

CBDC Adoption Features enaira Nigeria aims for millions of new eNaira users as it increases features, targets unbanked

The eNaira, Nigeria’s central bank digital currency (CBDC), will enter the second phase of its expansion with new technology to beef up its user base, Nigerian Central Bank governor Godwin Emefiele said Thursday, speaking at the 2022 eNaira Hackathon in Abuja. The eNaira, Africa’s first CBDC, was launched in October 2021.

19.11 / 01:19

UPS Digital Gap Nigeria: CBN Governor alleges ‘high-level illegality’ in crypto-firms

Many countries have been changing their perspective with regards to cryptocurrencies, of late. In that context, India, recently, softened its approach to digital assets. However, Nigeria, having the highest grassroots crypto adoption has raised the fences.

02.11 / 00:31

business Blockchain Technology Adoption enaira eNaira slowly gains traction post-launch amidst glitches

The rollout of the world's second central bank digital currency, or CBDC, is off to a rocky start. Last week, Nigeria rolled out its eNaira CBDC after the Bahamas became the first country in the world to launch theirs, known as The Sand Dollar, the year prior.

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