CBN

Setback for eNaira as firm sues CBN alleging trademark infringement

A firm, ENaira Payment Solutions Limited, has filed a suit at a federal high court against the Central Bank of…

3 years ago

CBN Unveils eNaira Website

The Central Bank of Nigeria (CBN) has launched a website for the operationalisation of its electronic currency, eNaira. The website…

3 years ago

Website for eNaira now running ahead of October 1 launch

A website for the operations of eNaira, Nigeria’s first digital currency, has started running, ahead of the launch of the…

3 years ago

Naira will fall from N570/$1 to N400/$1 at black market if… – CBN ex-deputy gov, Moghalu

A former Deputy Governor of the Central Bank of Nigeria, Kingsley Moghalu, says the value of the naira will fall…

3 years ago

Non-performing loans declining but remain above benchmark – CBN

The non-performing loans in the banking sector slightly declined from 5.8 per cent in May to 5.7 per cent in…

3 years ago

CBN: No plan to convert domiciliary accounts into naira

The Central Bank of Nigeria (CBN) has denied a claim that it directed banks to convert all customers’ domiciliary accounts…

3 years ago

Updated: Concern mounts as naira falls to ₦550 per dollar

The naira has continued its free fall against the United States dollar and other major currencies as it traded between…

3 years ago

CBN names foreign firm Bitt as technical partner for eNaira

The Central Bank of Nigeria (CBN) has appointed a global fintech firm, Bitt Inc, as the technical partner for its…

3 years ago

E-Naira: CBN okays N50,000 transfer limit, begins October 1

The Central Bank of Nigeria has fixed October 1, 2021 for the commencement of digital currency (e-naira) and set an…

3 years ago

CBN blocks bank accounts of 18 companies

The Central Bank of Nigeria has ordered banks to place a post-no-debit on the bank accounts of 18 companies. A…

3 years ago