Enaira Financial News
07.03 / 20:59
enaira
Nigeria’s Central Bank Partners with Gluwa to Boost eNaira Amid Global Regulation Changes
Nigeria’s Central Bank teamed up with the blockchain-powered financial platform Gluwa Nigeria on March 7 to accelerate the use of eNaira, the nation’s central bank digital currency (CBDC).
29.12 / 16:58
Digital
Progressive
love
Experts
exclusive
innovations
enaira
Crypto Ban in Nigeria Stalls eNaira Adoption Despite Global Recognition
Chinedu Albert, a legal expert specializing in Nigerian tech and innovation, has attributed the challenges facing the adoption of the eNaira, the Central Bank of Nigeria’s digital currency (CBDC), to a previous crypto ban.
11.10 / 08:27
CBDC
Adoption
regulation
Threat
financial stability
enaira
Financial
Central Bank of Nigeria: eNaira no threat to financial stability
The Central Bank of Nigeria (CBN) had to publicly insist that their project, one of the world’s first operating central bank digital currencies (CBDC), doesn’t threaten the country's financial stability.
24.07 / 09:31
23.07 / 09:09
Blockchain
CBDC
Adoption
Africa
enaira
Nigerian central bank adds NFC upgrade to eNaira for contactless payments
Despite the former governor’s ousting nearly two months ago, the Central Bank of Nigeria (CBN) continues to be committed to its central bank digital currency (CBDC) project, showing no indications of abandoning it.
18.05 / 22:59
CBDC
Adoption
IMF
enaira
IMF sees room for eNaira improvement in first year assessment
Nigeria’s eNaira central bank digital currency (CBDC) is over a year old, and the International Monetary Fund (IMF) has a late birthday present for it, in the form of a working paper assessing its first year of performance. “Laudable,” said IMF researchers, but there were a few suggestions too.
21.02 / 16:23
CBDC
Adoption
regulation
Africa
Central Bank
enaira
eNaira is 'crippled': Nigeria in talks with NY-based company for revamp
The Central Bank of Nigeria (CBN) continues with its attempts to create its central bank digital currency (CBDC), the eNaira, but this time it’s calling in for backup.
12.01 / 13:51
Adoption
regulation
Central Bank
enaira
Nigeria revisits its payments landscape amid sluggish eNaira adoption
Nigeria’s central bank will explore the adoption of blockchain technology to power a central bank digital currency (CBDC), the potential of stablecoin adoption and regulatory considerations of initial coin offerings (ICOs) over the next two years.
26.10 / 07:51
CBDC
Adoption
enaira
Nigerians' passion for crypto is stopping short at the eNaira
Nigeria’s central bank digital currency (CBDC) is not getting the warm reception expected from its crypto-savvy population.
19.08 / 20:25
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.
20.12 / 22:15
business
Technology
enaira
From eNaira to eHryvnia, a Caribbean fintech develops CBDC around the world
Barbados, a paradise island in the West Indies, is known for its azure beaches, tidal waves, shipwrecks, homegrown grown Barbadian (Bajan) hospitality, and more recently, an influx of remote workers. Now, one can add cryptocurrency innovations to that list as well. Bitt, a Bajan fintech firm developing blockchain technology, has successfully created the eNaira central bank digital currency, or CBDC, for Nigeria and is on the path to creating an electronic Hryvnia for Ukraine.
23.11 / 23:37
MET
FIVE
Digital
Strategy
enaira
‘Full implementation’ of Nigeria’s eNaira to occur in four phases, includes interoperability
Nigeria and its central bank have been making strides in terms of increasing utility of its national digital currency. The Central Bank of Nigeria [CBN] wants to make the e-Naira interoperable with other central bank digital currencies [CBDCs].
18.11 / 05:43
UPS
Mobile
Bitcoin
enaira
IMF release reveals its role in Nigeria’s eNaira project launch
Less than a month after the eNaira’s launch on 25 October, the stats have impressed experts worldwide. According to a Central Bank of Nigeria official who spoke to Bloomberg, there were over 488,000 downloaders. More than 75,000 international merchants have reportedly signed up as well.
10.11 / 02:51
Digital
Coinone
Bitcoin
enaira
A battle of wallets: El Salvador’s Chivo vs. Nigeria’s eNaira CBDC
The eNaira arrived on the world’s nascent CBDC scene after months of hopes, disappointments, a last minute postponement, and a great deal of doubt. However, Nigerians all over the globe have started using the digital currency and user feedback is coming in.
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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