Tag: e-Naira

CBDC rollouts will require central banks to ski off-piste

Fintech June 13, 2023

There’s no rulebook for how a central bank should set up its own digital currency. It’s trial and error. So far, it’s been mostly...

Are CBDCs a Threat to Monetary Policy? Possibly, Says IMF

Digital Assets March 22, 2023

Bitcoin Soars in Nigeria as Government Promotes Digital Cash

Blockchain January 31, 2023

Less than 0.5% Nigerians have used the country’s CBDC e-Naira a year after its launch

Payments December 27, 2022

Nigerian Central Bank To Boost CBDC Use by Limiting Fiat Use

BlockchainDecember 7, 2022

Nigerian central bank reduces ATM cash withdrawal limit to boost e-Naira.Withdrawal limit has been reduced from $337 to $45.Nigerian government is looking to tax...

Nigeria’s Rising Inflation and Foreign Exchange Shortages Fueling Devaluation Speculation — IMF Mission

BlockchainNovember 20, 2022

According to the International Monetary Fund (IMF)’s mission concluding statement, Nigeria’s rising inflation rate as well as the continuing shortage of foreign currency are...

Nigeria Upgrades e-Naira CBDC, Bid to Abolish Crypto

BlockchainMay 10, 2022

CBN upgrades its CBDC, e-Naira. Urges the usage of e-Naira over fiat currency.All financial assistance from the Nigerian government to be in e-Naira. The play of...

Stablecoin News for the week ending Wednesday 16th February.

PaymentsFebruary 16, 2022

Here is our pick of the 3 most important Stablecoin news stories during the week. CBDC development and research continues. CBDC is the ultimate stablecoin, but the design and operational choices are not straightforward and involve substantial implementation risk (unless of course you are China). So we will not be seeing any Silicon Valley “move fast […]

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