The Central Bank of Nigeria should be discontinuing the fixed exchange rate system and let the naira freely float against the major currencies, Alhaji Aminu
Read moreNigerian Currency Plunges to New All Time Low — Central Bank Blames Speculators
The Nigerian central bank has accused currency speculators of being behind the local currency’s recent plunge to a new all-time low of N710 against the
Read moreCBDC Ensures Nigeria Remains Competitive in Increasingly Digital World — Central Bank Governor
The governor of the Central Bank of Nigeria (CBN) has insisted the recently introduced e-naira digital currency can potentially boost trade and investment activities in
Read moreReport: Nigerian CBDC Wallet Update to Enable Utility Payments, USSD Functionality to Be Added
The Nigerian central bank digital currency (CBDC) wallet app is set for an update that will see users given the ability to pay for utilities
Read moreNigeria upgrades CBDC as crypto restrictions cripple fintech industry
Nigeria’s central bank has upgraded its eNaira to steer the country away from crypto even after a UN report stated that restrictions on digital currencies
Read moreStudy Finds 33.4 Million Nigerian Adults Hold or Have Traded Crypto in Last 6 Months
According to a new report, approximately 33.4 million Nigerians, or 35% of the country’s adult population, are holders of cryptocurrencies or have traded them in
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