A firm, ENaira Payment Solutions Limited, has filed a suit at a federal high court against the Central Bank of Nigeria accusing the apex bank of...
The Central Bank of Nigeria (CBN) has launched a website for the operationalisation of its electronic currency, eNaira. The website was launched yesterday as part of...
A website for the operations of eNaira, Nigeria’s first digital currency, has started running, ahead of the launch of the system on October 1. The website,...
A former Deputy Governor of the Central Bank of Nigeria, Kingsley Moghalu, says the value of the naira will fall from N570/$1 to N400/$1 at the...
The non-performing loans in the banking sector slightly declined from 5.8 per cent in May to 5.7 per cent in June, showing more resilience in the...
The Central Bank of Nigeria (CBN) has denied a claim that it directed banks to convert all customers’ domiciliary accounts meant for dollar and other hard...
The naira has continued its free fall against the United States dollar and other major currencies as it traded between N540 and N550 to one dollar...
The Central Bank of Nigeria (CBN) has appointed a global fintech firm, Bitt Inc, as the technical partner for its digital currency, eNaira. The eNaira is...
The Central Bank of Nigeria has fixed October 1, 2021 for the commencement of digital currency (e-naira) and set an initial transaction limit of N50,000 for...
The Central Bank of Nigeria has ordered banks to place a post-no-debit on the bank accounts of 18 companies. A post-no-debit means that all debit transactions,...
