Tag: eNaira
Nigeria’s e-Naira fails as Ghana sees promise for e-Cedi
The International Monetary Fund (IMF) has revealed that 98.5% of Nigeria's Central Bank Digital Currency, e-naira wallets have not been used even once, two...
Nigeria Central Bank turns to taxi drivers to boost eNaira adoption
A year after launching Africa’s first digital currency, Nigeria’s central bank is turning to the nation’s three-wheeler taxi operators to speed the adoption of the...
Nigeria to introduce new Naira notes by end of year
Nigerian Central Bank governor Godwin Emefiele in a press briefing on Wednesday stated that the apex bank would redesign the country’s currency.The redesign will...
Clickatell enables access to eNaira without mobile data
Chat commerce platform Clickatell has partnered with the Central Bank of Nigeria (CBN) to launch a USSD channel for the eNaira to enable Nigerians to...
Flutterwave enables eNaira collections for 1 million merchants
Flutterwave, Africa’s leading payments technology company, today announced that over 1,000,000 merchants can now accept eNaira payments from their customers on their platform.This...
eNaira records 694,000 downloads, 95 days after its launch
eNaira, the digital currency issued by the Central Bank of Nigeria (CBN), has had 694,000 downloads in the 95 days since it was launched.This...
Blockchain to facilitate US$10-billion savings globally in cross-border payments – Report
A new report from Juniper Research has found that the deployment of blockchain for cross-border settlement will drive increasingly significant cost savings for banks; rising from...
eCedi won’t compete with mobile money – BoG source
Contrary to assertions that Ghana's yet to be launched digital currency, eCedi will bring competition to mobile money, a reliable source at the Bank...
Nigeria launches eNaira as Ghana pilots eCedi
The Central Bank of Nigeria joined a growing list of emerging markets betting on government-backed digital money to cut transaction costs and boost participation...