Tag: eNaira
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No cause for alarm on eNaira, says CBN
The Central Bank of Nigeria (CBN), has assured Nigerians that its digital currency. eNaira posed no threat to financial stability. The Director, Corporate Communications Department of CBN, Dr Isa AbdulMumin
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No deadline for going cashless – CBN
The Central Bank of Nigeria (CBN) has disclosed there is no deadline for Nigeria to go cashless and that options are just being presented to widen payment platforms and make them available for Nigerians.
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BREAKING: CBN puts restriction on cash withdrawal
The Central Bank of Nigeria (CBN) has announced a new policy that mandates banks and other financial institutions to ensure that over-the-counter cash withdrawals by individuals and corporate entities do not exceed N100,000 and N500,000, respectively, per week.
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Redesign of Naira likely to have positive impact on its value – Emefiele
The Governor of the Central Bank of Nigeria (CBN), Mr Godwin Emefiele, says the proposed redesigning of the Naira could impact positively on its value.
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Return old Naira notes to CBN vault now – Emefiele tells Nigerians
As the Central Bank of Nigeria (CBN) prepares to redesign the 200, 500 and 1000 Naira notes, the apex bank has asked Nigerians to return the old Naira notes to the bank’s vault.
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CBN launches second phase of eNaira
Close to one year after the launch of the eNaira project, the governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, at the Grand Finale of the eNaira Hackathon, announced the commencement of the second phase of the project. TheNewsGuru.com, (TNG) recalls in October 2021, the CBN introduced the eNaira wallet to enhance…
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CBN unveils eNaira USSD code
The Central Bank of Nigeria (CBN) has unveiled the Unstructured Supplementary Service Data (USSD) for its eNaira to enhance financial inclusion in the country. The CBN Governor, GodwinEmefiele said this during the inauguration of the USSD transaction code at a 5-day Northern eNaira fair, Kano 2022.
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CBN to introduce USSD code to improve eNaira
The Central Bank of Nigeria (CBN), says it is set to introduce the Unstructured Supplementary (USSD) code as part of steps to improve the Central Bank Digital Currency (CBDC).
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Financial inclusion: We will attain 85% target – CBN Gov, Emefiele
The Governor, Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, has expressed optimism that the Bank will achieve the 85% financial inclusion rate target in Nigeria, within a very short period from its current rate of slightly below 70%.
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