The Central Bank of Nigeria has said it wants players in the country’s payment industry to develop and help introduce products based on its central
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Nigeria Central Bank Governor: Cryptocurrency Is a Product ‘Embedded in High Level of Illegality’
The Central Bank of Nigeria (CBN) governor, Godwin Emefiele, has claimed that a majority of cryptocurrency transactions are embedded in illegality. He also asserts that
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Nigeria Central Bank Governor Says CBDC Launch Just ‘a Couple of Days’ Away
The governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has confirmed the country’s upcoming digital currency will be launched “in a couple of
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Nigerian Central Bank Threats Force Parallel Exchange Rate Tracker to Suspend Service
Following threats from the Central Bank of Nigeria (CBN), the management of Abokifx, a website that tracks the Nigerian currency’s black market exchange rates, has
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Nigerian Currency Plunges to New Low of 570 — 10% of Value Lost in Under 30 Days
The Nigerian currency, the naira, plunged to a new all-time low of N570 for every dollar on September 16, 2021. This new exchange rate means
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Central Bank of Nigeria Selects Barbados-Based Fintech Firm as Technical Partner for CBDC Project
The Central Bank of Nigeria (CBN) has named the fintech firm Bitt Inc. as a technical partner for its digital currency project, the e-naira. As
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