Despite the apparent slow embrace of the e-naira digital currency by Nigerians, the Central Bank of Nigeria governor has said his institution is targeting a
Read moreNigerian Central Bank Told to Consider Floating the Naira, Recent Interest Rate Hike Slammed
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 Lenders Frustrating CBDC’s Adoption — Central Bank Governor
Apathetic Nigerian lenders are frustrating the e-naira’s adoption because they are worried this could deprive them of a key revenue source, Godwin Emefiele, the Central
Read moreNigerian Central Bank Governor Says Fintechs and Cryptos Change the Way Financial Systems Function
The Nigerian central bank governor and bitcoin critic, Godwin Emefiele, recently remarked that the rise of fintechs and cryptocurrencies among other technologies have forced banks
Read moreReport: Nigerian Central Bank Incentive Scheme Failed to Halt Naira Depreciation
The Central Bank of Nigeria (CBN)’s attempt to incentivize the country’s forex market through the so-called “Naira for Dollar” scheme has failed. This is evidenced
Read moreOrganizer of Binance-Sponsored Crypto Tour Says Campaign Was Successful, Denies Reports of Arrest
A crypto enthusiast and organizer of the Binance-sponsored Blockchain and Cryptocurrency Awareness Tour (BCAT) recently held in Nigeria, has rejected reports he was arrested by
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