Fri, November 22

CBN Ready to Launch CBDC eNaira Despite its Previous Failure

BN is ready to launch eNaira despite its previous failure. CBN has released a document in which it repeats its commitments  CBN mentions eNaira will be available to offline users. Nigeria Central Bank planned to launch its CBDC eNaira on October 1st. But unfortunately, the mission was failed. But now,

October 23, 2021 2 mins read

Nigerian Crypto Exchange-the Actions of the CBN Increased Activity on the Black Market

There have been almost six months since the CBN directed banks to stop serving customers in the bitcoin sector. While the approach appears to have succeeded in removing crypto companies from the banking system, peer-to-peer commerce has increased. Some analysts suggest that Nigeria remains unrivaled as the largest African bitcoin

August 2, 2021 3 mins read

CBN Announces the Launch of Central Bank Digital Currency

CBN announces the Launch of Central Bank Digital Currency  Nigeria is one of the countries still resisting the crypto revolution. CBDC referred to as the pilot program “GIANT”. Central Bank of Nigeria (CBN) on Thursday revealed its launch of highly awaited digital currency. During a private webinar, CBN Director, IT

July 24, 2021 2 mins read